A.M. Best Withdraws Ratings of Capital Region Insurance Company

OLDWICK, N.J.--(Business Wire)--A.M. Best Co. has affirmed the financial strength rating (FSR) of
B+ (Good) and assigned an issuer credit rating (ICR) of "bbb-" to
Capital Region Insurance Company (CRIC) (Cayman Islands). The outlook
for both ratings is stable.

Concurrently, A.M. Best has withdrawn the FSR and ICR and assigned
a category NR-4 (Company Request) to CRIC. These rating actions
reflect CRIC management's decision to withdraw from A.M. Best's
interactive rating process.

The affirmation recognizes CRIC's good capitalization, experienced
management team, strong risk management program and the support of its
parent company, Capital Health System, Inc. Partially offsetting these
positive rating factors are the company's short operating experience
and high retention level.

CRIC provides hospital professional and general liability coverage
to Capital Health System, Inc., which includes coverage for employed
physicians, residents and allied health providers.

For current Best's Ratings and independent data on the captive and
alternative insurance market, please visit www.ambest.com/captive.

Founded in 1899, A.M. Best Company is a global full-service credit
rating organization dedicated to serving the financial and health care
service industries, including insurance companies, banks, hospitals
and health care system providers. For more information, visit
www.ambest.com.

A.M. Best Co.
Analysts
Gale Guerra, 908-439-2200, ext. 5069
gale.guerra@ambest.com
or
Steven Chirico, 908-439-2200, ext. 5087
steven.chirico@ambest.com
or
Public Relations
Jim Peavy, 908-439-2200, ext. 5644
james.peavy@ambest.com
or
Rachelle Morrow, 908-439-2200, ext. 5378
rachelle.morrow@ambest.com

Copyright Business Wire 2008