A.M. Best Places Ratings of Trinidad & Tobago Insurance Limited Under Review With Negative Implications
2009-06-24 21:48:04 -
A. M. Best Co. has placed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Trinidad & Tobago Insurance Limited (TATIL) (Trinidad) under review with negative implications.
These rating actions reflect A.M. Best’s inability to complete its rating analysis of TATIL due to continued delays surrounding receipt of critical information necessary to conclude the process and following multiple requests for the information.
The ratings of TATIL will remain under review pending its submission of all requested information, A.M. Best’s review of that information and further discussions with TATIL’s management.
For Best’s Credit Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .
The principal methodologies used in determining these ratings, including any additional methodologies and factors that may have been considered, can be found at www.ambest.com/ratings/methodology : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .
Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .
A.M. Best Co.AnalystsRicardo Longchallon,
908-439-2200, ext. 5676 ricardo.longchallon@ambest.com : mailto:ricardo.longchallon@ambest.com orHenry
Witmer, 908-439-2200, ext. 5097 henry.witmer@ambest.com : mailto:henry.witmer@ambest.com orPublic
RelationsJim Peavy, 908-439-2200, ext. 5644 james.peavy@ambest.com : mailto:james.peavy@ambest.com orRachelle
Morrow, 908-439-2200, ext. 5378 rachelle.morrow@ambest.com : mailto:rachelle.morrow@ambest.com