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Aegis energy syndicate is rated with the Best.

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| February 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Lloyds List)

AEGIS Managing Agency has welcomed the decision of rating agency AM Best to award its syndicate 1225 its first financial security rating, of A (excellent), reports James Brewer.

The syndicate, with a capacity for 2005 of GBP175m ($332m), is the Lloyd's operation of Bermuda-based mutual insurer Aegis (Associated Electric ' Gas Insurance Services), which serves the US energy market. According to AM Best, the syndicate has excellent prospective performance, a strong profile for its core energy business and solid ...

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