Trenwick America Reinsurance Corporation Car Insurance Review 
Trenwick America Reinsurance underwrote property and casualty risks from 1985 to 2003. Although Trenwick America was liquidated, it held an A rating from A.M. Best in the early 2000s.
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UPDATED: Jan 30, 2021
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UPDATE: Trenwick Reinsurance has been liquidated
- Trenwick America Reinsurance Corporation’s main business was underwriting property and casualty reinsurance risks, especially in automotive liability
- Due to bankruptcy, Trenwick America Reinsurance Corporation is no longer writing insurance policies, and the company is currently in a run-off
- In the early 2000s, this company held an A rating from A.M. Best and an A+ from Standard & Poor’s
Research for this Trenwick America Reinsurance Corporation car insurance review reveals a company in trouble.
Due to bankruptcy, Trenwick America Reinsurance Corporation is no longer writing insurance policies.
Trenwick America Corporation, known as TAC, filed for chapter 11 bankruptcy protection in 2003.
In 2005, Trenwick America LLC was approved to be the holding company for both of its subsidiaries, the Insurance Corporation of New York and Trenwick America Reinsurance.
Currently, Trenwick America Reinsurance Corporation is in a run-off in Connecticut, while the Insurance Corporation of New York is in the middle of a liquidation in the state of New York.
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More on Trenwick American Reinsurance
Originally founded in 1985 and domiciled in Connecticut, Trenwick America Reinsurance Company of Connecticut, Inc. was approved to write insurance products and services for:
- Accident and health
- Boiler and machinery
- Burglary and theft
- Fidelity and surety
- Miscellaneous property
- Marine and inland marine
- Marine protection and indemnity
- Motor vehicle and aircraft physical damage
- Personal injury liability
- Property damage liability
- Water damage
- Worker’s compensation and employer’s liability
Additionally, Trenwick America Reinsurance was approved to write all forms of reinsurance.
Trenwick’s main business was underwriting property and casualty reinsurance risks, especially in automotive liability.
Other ventures included accident and health, error and omissions, and general liability.
When seeking car insurance companies, financial strength is a significant factor. It is a good idea to periodically review the ratings offered by companies such as A.M. Best Company and Standard & Poor’s in case the insurance company’s ratings drop significantly.
Trenwick America Reinsurance Corporation went from an A+ rating to bankrupt in only a few years.