AM Best Downgrades Credit Ratings of Colina Insurance Limited and Colina Holdings Bahamas Limited

Published on: Friday 14 October 2022

OLDWICK, N.J., October 14, 2022--AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to "bbb+" (Good) from "a-" (Excellent) of Colina Insurance Limited (Colina). Concurrently, AM Best has downgraded the Long-Term ICR to "bb+" (Fair) from "bbb-" (Good) of Colina Holdings Bahamas Limited. Both Companies are domiciled in Nassau, Bahamas. In addition, AM Best has revised the outlooks of these Credit Ratings (ra

News source: https://www.yahoo.com/now/am-best-downgrades-credit-ratings-144100545.html

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AM Best Downgrades Credit Ratings of Colina Insurance Limited and Colina Holdings Bahamas Limited