Quanta Insurance Group reaffirms
Best hours reaffirmed the financial capacity rating “A” (Excellent) Quanta Capital Holdings Ltd, a specialty insurance, reinsurance risk and providing consulting services.
Best reaffirmed the rating outlook stable for all companies.
According to Best, the notes take into account the results reported to Quanta September 2004 - including losses underlying disasters and results - with the exception of disasters in Quanta three main sectors of activity and the result targeted counselling and the accumulation of capital, projections of the direction for 2005.
The ratings standpoint, the additional capital of a pool Trust Preferred Securities offer closed in the fourth quarter of 2004, dedicated to the capital for his new company Lloyd’s Syndicate 4000 and management intends to prudently manage and allocate capital In accordance with levels previously discussed the best.
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