OLDWICK, N.J.–(BUSINESS WIRE)– #insurance–AM Best has revised the outlook to positive from stable and affirmed the Performance Assessment (assessment) of PA-2 (Excellent) of Excess Reinsurance Underwriters Inc. (Excess Re) (Woodbury, NJ).The assessment reflects Excess Re’s excellent underwriting capabilities, excellent governance and internal controls, excellent financial condition, excellent organizational talent and excellent depth and breadth of its relationships.Excess Re is a managing general underwr