AM Best Withdraws Credit Ratings of North American Insurance Company
AM Best has withdrawn the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of North American Insurance Company (Oklahoma City, OK).
- AM Best has withdrawn the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of North American Insurance Company (Oklahoma City, OK).
- The withdrawal of the ratings is the result of the sale of North American Insurance Company to Knighthead Holdings Ltd (Caymana Bay, Cayman Islands), which has been approved by the Oklahoma Department of Insurance.
- For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
- For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .