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A.M. Best Places Ratings of T.H.E. Insurance Company under Review with Positive Implications

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has placed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of T.H.E. Insurance Company (T.H.E.) (New Orleans, LA) under review with positive implications. This follows the announcement that the company, through its holding company, Allied International Holdings, Inc., has reached a definitive agreement to be acquired by XL Group plc (NYSE: XL). The acquisition will be made by its indirect wholly owned subsidiary XL A

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