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.
‘Catastrophic’ Hack Underscores Public Defender Security Gaps 
Catastrophe Bond Investors Told to Brace for Jamaica Payout 
Truck Driver in Fatal Crash Repeatedly Failed Driving Tests, Florida AG’s Office Says 
The Hartford Q3 Net Income Up 41% From This Issue
