The long-term issuer rating of the Alleghany Corporation was affirmed by Moody’s Investment Services at ‘Baa2’ following Alleghany’s sale of its principal insurance operation, Underwriters Re Group, to Swiss Re for $660 million. The outlook is stable for the Alleghany Corp.
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: How Will the Middle East War Affect the Insurance Sector? 
Iran’s Grip on Hormuz Is Tighter Than Ever After a Month of War 
Taylor Swift Sued for Trademark Infringement Over ‘Life of a Showgirl’ 
Sources: US Treasury to Consult With Insurance Regulators on Private Credit Lenders From This Issue
