Change of Rating
Pursuant to section 8(1) of the Insurance Companies (Ratings and Inspections) Act 1994, public notice is given that Fitch Ratings re-rated NLG INSURANCE LIMITED from “BB–” to a “B” on 30 March 2009.
The new rating of “B” is two rungs lower than the previous rating of “BB–” and moves the company from the bottom of the Moderately Weak range to the middle of the Weak range.