Ironshore gets AM Best reprieve ahead of IPO

Ironshore has received a significant boost today (24 June) after AM
Best affirmed its ratings and removed them from under review with
negative implications.
The move appears to be an endorsement of plans by parent Fosun
to IPO the insurer, which has been under review with negative
implications for almost a year.
The agency put the insurer's A financial strength and issuer
credit ratings under review with negative implications in July last
year after its acquisition by Fosun was announced,...