Fitch downgrades Brit Insurance Limited over sale to Riverstone
Fitch Ratings has downgraded Brit Insurance Limited's insurer financial strength rating to 'BBB' from 'A', with stable outlook.
Brit Insurance Holdings BV's Long-term Issuer Default Rating has been affirmed at 'BBB+' with a stable outlook and BIH BV's subordinated notes have been affirmed at 'BB+'.
The rating actions follow
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