AM Best downgrades Montana Re 2009 on RMS model change
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AM Best downgrades Montana Re 2009 on RMS model change

14 July 2011
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Ratings agency AM Best has downgraded $175mn of Flagstone Re's Montana Re 2009 US wind and quake cat bond, in light of higher attachment probabilities under RMS's new Version 11.0

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News Catastrophe bonds June 2011/1 Hurricane
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