Downgrade move on 777 Re credit ratings reflect “very weak” balance sheet: AM Best

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Reinsurance News - Feb 19, 2024

AM Best has downgraded 777 Re’s, the Bermuda-based reinsurance entity of investment firm 777 Partners, credit ratings and maintained its under review with negative implications status. The company offers reinsurance on active and run-off blocks of life insurance and annuity business. 777 Re’s Financ...

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