The London Club is the last of the International Group protection and indemnity mutuals to open its books to S&P.
The move from a public information to an interactive rating follows a similar shift by the Britannia Club with the threat that a change of strategy by S&P might result in a rating withdrawal providing a notable shove.
S&P assesses the outlook for the London Club as stable but has some tough things to say about the mutual that has the worst underwriting performance in the International Group.
The
