The counterparty credit rating and insurer FSR on Wintherthur International Reinsurance Co. Ltd. was downgraded from “AA” to “AA-” by S&P. Concurrently, those ratings were placed on CreditWatch with developing implications along with the “AA-” long-term insurer FSR; “AA-” and counterparty credit rating; and the “A-1+” short term counterparty credit ratings on Winterthur International Insurance Co. Ltd., reflecting a strategic review with respect to those commercial lines businesses currently being undertaken by the Winterthur Group.
Was this article valuable?
Here are more articles you may enjoy.
Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team 
Seven Charged in $100 Million Workers’ Comp Fraud in Florida 
Lockton Named in NBA Investigation Into Clippers Salary Cap Circumvention 
Aon Acquires USI Insurance From KKR in $17 Billion Deal Targeting Middle Market From This Issue
