Validus CRS deal gets AM Best nod of affirmation

Validus Holdings' (re)insurance units had their A financial
strength ratings (FSR) affirmed by AM Best while the ratings
company raised its outlook to positive on the long-term issuer
credit rating (ICR) of a for the Bermudian's Validus
Reinsurance (Switzerland) Ltd unit.
The AM Best ratings, including ICRs of a, also apply to the
holding company's US units, Western World Insurance Company,
Stratford Insurance Company and Tudor Insurance Company, all based
in Parsippany, New Jersey, and the Berm