AM Best has downgraded and withdrawn its debt rating on Aspen Re's $100mn earthquake cat bond Ajax Re, after it failed to make the full payment on the outstanding principal amount of the notes at the 8 May redemption...
AM Best has downgraded and withdrawn its debt rating on Aspen Re's $100mn earthquake cat bond Ajax Re, after it failed to make the full payment on the outstanding principal amount of the notes at the 8 May redemption...