AM Best has downgraded the Financial Strength Rating to A- [Excellent] from A [Excellent] and the Long-Term Issuer Credit Rating to “a-” [Excellent] from “a” [Excellent] of Nissan Global Reinsurance, Ltd. [NGRe] [Hamilton, Bermuda]. The outlook of these Credit Ratings [ratings] is stable. The ratings agency said, “The ratings reflect NGRe’s balance sheet strength, which […]