Moody’s upgrades Odyssey Re ratings
Moody's Investors Service has upgraded the insurance financial strength ratings of Odyssey Re Holdings Corp's primary re/insurance subsidiaries, Odyssey America Reinsurance Corporation and Clearwater Insurance Company (collectively known as "Odyssey Re"), from Baa1 (adequate) to A3 (good).
The rating agency said that the upgrade was based on the company's improved financial fundamentals including enhanced operating performance, profitability and capital formation, particularly in recentOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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