A.M. Best Withdraws Issuer Credit Rating of National Interstate Corporation
August 22 2017 - 3:21PM
Business Wire
A.M. Best has affirmed the Long-Term Issuer Credit Rating
(Long-Term ICR) of “bbb+” with a stable outlook of National
Interstate Corporation (National Interstate) (Ohio), and
concurrently withdrawn the Long-Term ICR. National Interstate is
now an intermediate, private holding company within American
Financial Group, Inc. (American Financial Group)
[NYSE/NASDAQ:AFG].
National Interstate has no outstanding debt, as its obligations
were satisfied upon the acquisition of the remaining shares in the
organization by American Financial Group. National Interstate will
no longer be preparing external financial statements and no longer
requires a Credit Rating.
This press release relates to Credit Ratings that have been
published on A.M. Best’s website. For all rating information
relating to the release and pertinent disclosures, including
details of the office responsible for issuing each of the
individual ratings referenced in this release, please see A.M.
Best’s Recent Rating Activity web page. For
additional information regarding the use and limitations of Credit
Rating opinions, please view Understanding Best’s Credit
Ratings. For information on the proper media use of Best’s
Credit Ratings and A.M. Best press releases, please view
Guide for Media - Proper Use of Best’s Credit Ratings and A.M.
Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative
insurance rating and information source. For more information,
visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating
Services, Inc. and/or its subsidiaries. ALL RIGHTS
RESERVED.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170822006113/en/
A.M. BestGreg Dickerson, +1 908 439 2200, ext.
5161Senior Financial
Analystgregory.dickerson@ambest.comorJennifer
Marshall, CPCU, ARM, +1 908 439 2200, ext.
5327Directorjennifer.marshall@ambest.comorChristopher
Sharkey, +1 908 439 2200, ext. 5159Manager, Public
Relationschristopher.sharkey@ambest.comorJim Peavy,
+1 908 439 2200, ext. 5644Director, Public
Relationsjames.peavy@ambest.com
American Financial (NYSE:AFG)
Historical Stock Chart
From Aug 2024 to Sep 2024
American Financial (NYSE:AFG)
Historical Stock Chart
From Sep 2023 to Sep 2024