The ratings were withdrawn because PXRE Corp., a subsidiary of PXRE Group Ltd., does not provide public financial statements. Accordingly, Standard & Poor's does not have adequate information to maintain surveillance on the company.
Complete ratings information is available to subscribers of RatingsDirect, the real-time Web-based source for Standard & Poor's credit ratings, research, and risk analysis, at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com; under Credit Ratings in the left navigation bar, select Find a Rating, then Credit Ratings Search.
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