S&P withdraws ACTR from ratings
Standard & Poor’s (S&P) has announced that it has first lowered and then withdrawn the counterparty credit and financial strength ratings of Ace Capital Title Reinsurance (ACTR).
ACTR originally had a rating of AA (very strong) before the rating agency lowered it to A+ (strong). S&P said that its actions followed the Form S-1 statement in which Assured Guaranty Re OverseasOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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