Rating agency AM Best has revised its outlook on Bermudian reinsurer Ariel's start-up subsidiaries, Valiant Insurance and Valiant Specialty, from stable to negative, as soft market conditions in the US continue to hit the unit's premium volume.
Rating agency AM Best has revised its outlook on Bermudian reinsurer Ariel's start-up subsidiaries, Valiant Insurance and Valiant Specialty, from stable to negative, as soft market conditions in the US continue to hit the unit's premium volume.