lmproved Security measures for all Matrix Business placed with Maiden Life Försäkrings AB at 01.05.2019. History up to 01.05.2019: Matrix has placed its book of business for all personal lines except for Workmens Compensation with Maiden Life Försäkrings AB / Maiden Reinsurance Ltd in 2019. AM Best downgraded Maiden Reinsurance Ltd from A- to B++ November 16th 2018. In order to obtain a Standard & Poor A rating for the Matrix 2019 business, Maiden Life Försäkrings AB took certain actions in order to secure the Matrix portfolio and renewals/new business. The actions were in addition to the existing direct payment clause from Maiden Re to all claimants on behalf of Maiden Life Försäkrings AB.