AM Best upgrades TransRe to A+

AM Best has upgraded the financial strength rating of TransRe
from A to A+ after the reinsurer signed an underwriting agreement
with Gen Re.
The five-year deal, announced in July, will allow brokers and
intermediaries to access Berkshire Hathaway subsidiary Gen Re's
traditionally direct-only capacity througha new underwriting platform managed by TransRe.The rating agency said the deal would bolster the company's
business profile, with the additional capacity expected to enhance
TransRe's overall