AequiCap on Track
AequiCap Insurance Company was notified by A.M. Best Company of a one notch downward adjustment of its rating to C++. This one notch adjustment remains within the C++/B- range anticipated by the company as a result of adverse development in the trucking line from the 2002-2005 accident years predominantly relating to reinsurance commutations affecting those years. With those accident years now 97% closed (approximately 400 claims remaining out of over 14,000) and profitable results emerging from the subsequent years for all lines, the company anticipates strong profitable growth on a go forward basis.



