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News - Ironshore gets 'A-' start-up rating from AM Best.

Europe Intelligence Wire

| March 01, 2007 | COPYRIGHT 2007 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 Reinsurance)

AM Best has assigned a financial-strength rating of 'A-' to Bob Clements' latest Bermudian start-up insurance company, Ironshore Insurance. The outlook for the rating is stable.

The ratings agency said Ironshore will operate as a Bermuda-based insurance company focused on broker-sourced commercial property/catastrophe and property all-risk coverage located throughout the world, with its initial emphasis in ...

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