OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has downgraded the financial strength rating (FSR) to A (Excellent) from A+ (Superior) and the issuer credit ratings (ICR) to “a+” from “aa-” of Partner Reinsurance Company Ltd. (PartnerRe) and its affiliates. A.M. Best also has downgraded the ICR to “bbb+” from “a-” and the issue ratings of PartnerRe’s parent, PartnerRe Ltd. [NYSE: PRE]. This rating action follows the announcement that PartnerRe Ltd and AXIS Capital Holdings Limited (AXIS) have termina
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