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InsuranceLinked Securities Losses United Kingdom

High level of losses see SMMI’s outlook drop

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The high number of large losses to hit Sunderland Marine Mutual Insurance Company’s (SMMI) bottom line last year have also taken their toll on the business’ financial ratings, with AM Best deciding to drop its outlook down to negative from stable.

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InsuranceLinked Securities Losses United Kingdom
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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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