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A.M. Best Comments on Credit Ratings of Jordan Insurance Company Plc.


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Tim Prince
Director, Analytics
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timothy.prince@ambest.com

Catherine Thomas
Senior Director, Analytics
+44 20 7397 6264
cathreine.thomas@ambest.com

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
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Jim Peavy
Director, Public Relations
+1 908 439 2200, ext. 5644
james.peavy@ambest.com

FOR IMMEDIATE RELEASE

LONDON - AUGUST 13, 2018 08:08 AM (EDT)
A.M. Best has commented that the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Jordan Insurance Company Plc. (JIC) (Jordan), remain unchanged following the decision by JIC’s General Assembly, on 29 July 2018, to sell the entire shares of the company to Aetna Insurance Company (Aetna) and allow them to carry out verification and audit of the company records. A.M. Best will continue to monitor the developing situation and react if a definitive offer is made.

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.

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AMB# Company Name
088866 Jordan Insurance Company Plc.