OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating (FSR) of A+ (Superior) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) to Berkley Luxury Insurance Company (Berkley Luxury) (Urbandale, IA). The outlook assigned to the FSR is stable, while the outlook assigned to the Long-Term ICR is positive. Berkley Luxury is a newly added subsidiary of the W. R. Berkley Corporation (W. R. Berkley) rating unit. The Credit Ratings (ratings) reflect Berkle
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