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.
Cloudy Future for Bourbon Has Jim Beam Closing Distillery for a Year 
Senators Launch Probe Into Demotech’s Ratings in Florida 
Three Top P/C Insurers Account for Most of Insurance AI Patents 
Stepbrother Suspect in Cruise Ship Death Says He Doesn’t Remember Anything From This Issue
