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British Marine is internationally respected for providing fixed cost insurance for marine and intermodal transportation risks. P&I, H&M and FD&D insurances for small / medium sized ships; Personal, Professional and Intermodal liability insurance for transport professionals and operators. A member of QBE Insurance Group,
British Marine offers fixed premiums with no standard increase, backed by 'A+' rated security, and takes pride in providing prompt, high quality service.
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| By Robert Johnston |
28 Apr 2010 |
With effect from yesterday, 27th April, Standard & Poor’s have withdrawn the rating given to British Marine Luxembourg S.A. This follows the Company’s legal merger into QBE Insurance (Europe) Ltd, as advised in our letter of 19th March.
Since British Luxembourg S.A. is no longer in existence, the rating has been withdrawn at Management’s request. British Marine as a trading name of QBE Insurance (Europe) Ltd continues therefore to carry QBE Insurance (Europe) Ltd’s S&P rating of A+ (stable).
Yours sincerely,
Robert Johnston
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