AM Best revises BP's captive Jupiter's outlook

BP oil spill from helicopter's viewpoint

AM Best Europe has revised the outlook of Jupiter Insurance to stable from negative and affirmed the financial strength rating of A (Excellent) and issuer credit rating of "a".

Jupiter is a captive of BP, the integrated global oil and gas company, and is based in Guernsey.

The ratings reflect Jupiter's strong level of risk-adjusted capitalisation and good underwriting

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