After Merger Announcement, KBRA Puts Olympus’ Rating on Watch
A day after SageSure announced plans to acquire Florida-based Olympus Insurance, a financial rating firm said it has some concerns. KBRA, the Kroll Bond Rating Agency, issued a notice Thursday that it has placed Olympus’ “BBB+” financial strength rating on “watch developing,” pending the merger that’s planned for early next year. “The Watch Developing status […]
After Merger Announcement, KBRA Puts Olympus’ Rating on Watch Read More »