Following an announcement of XL Capital Ltd.’s plans to purchase Winterthur Inter-national, including Winterthur International Ins. Co. Ltd. (WII) and Winterthur International Reinsurance Co. Ltd. (WIRE), S&P reported that the “A-” counterparty credit rating and FSR on WII and WIRE, as well as the “A-1+” short-term counterparty credit rating on WII, remain on CreditWatch with developing implications. The ratings were placed on Watch Developing on Jan. 11, 2001.
Was this article valuable?
Here are more articles you may enjoy.
High-Powered Dads Are Spending Less Time at Work, More on Childcare 
Worst Start to Wildfire Season Raises Alarm as El Niño Threatens 
Florida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market 
Hedge Funds Make Their Move as Litigation Finance Assets Slump From This Issue
