Best upgrades Amlin rating to A


Best upgrades Amlin rating to A

OLDWICK, N.J.?A.M. Best Co. Inc. on Monday upgraded the financial strength rating of specialty reinsurer Amlin Bermuda Ltd. to A from A-. Amlin?s conservative business plan and the expectation that the Hamilton, Bermuda-based company will maintain strong risk-adjusted capitalization prompted the...

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LONDON, (Reuters)?U.K. insurer Amlin P.L.C. said on Wednesday it would return £120 million ($248.3 million) in excess capital to shareholders, adding its 2007 results were likely to exceed current market...

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