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Fitch takes Brit off negative watch

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    • Daniel Dunkley

    • Indicative reading time: 1 minute

Fitch Ratings has affirmed Brit Insurance Limited's Insurer Financial Strength rating at 'A', and Brit Insurance Holdings N.V.'s Long-term Issuer Default Rating at 'BBB+' and its subordinated notes at 'BB+.

The insurer has been removed from Rating Watch Negative. The outlook is stable, Fitch added.

The action follows the announcement made on 26 October confirming that a recommended cash offer had been

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