AM Best has maintained the under review status of fronting business Accredited after the sale to Onex Partners last week.
The ratings experts first put Accredited, which has A- (excellent) ratings for both financial strength and long-term issuer credit, under review in October.
This came as previous owner R&Q confirmed a conditional agreement with Canadian investment business Onex to sell the business.
Last month, as the turmoil continued around the $465m (£382.7m) deal, AM Best kept Accredited’s ratings unchanged and left the under review status in place.
The transaction completed last week with the new owner
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