Employers Reinsurance Corp and its affiliated non-life insurance and reinsurance entitities have been downgraded to 'A+' from 'AA-' by Standard & Poor's Ratings Services.
The rating of Employers Reinsurance Corp and its affiliated non-life insurance and reinsurance entitities has been downgraded to 'A+' from 'AA-' by Standard & Poor's.
The reinsurers received a negative outlook.
The downgrading included Employers Reassurance Corp and ERC Life Reinsurance Corp.
