Fitch downgrades SCA to junk status
Fitch Ratings has downgraded the insurer financial strength (IFS) ratings of Bermudian (re) insurer XL Capital's 46%-owned monoline insurer Security Capital Assurance (SCA) and its subsidiaries to 'BB
More on Reinsurance
In memory
With great sadness we confirm that Sir David Rowland, our former Chairman from 1993 to 1997, has passed away. He played a critical role in safeguarding the future of the Lloyd’s market through perhaps its most difficult period.
— Lloyd's (@LloydsofLondon) February 18, 2019
More: https://t.co/2cS2H7c8Tk pic.twitter.com/jzL5UnIx4x
Most read
- Court throws out claim that would have created 'fraudsters' charter'
- Axa UK shifts focus to commercial as it makes profit
- My other life: James Neale, DWF, Britain's Got Talent finalist
- Drivers in autonomous vehicles 'shouldn't be held liable'
- Markerstudy Gibraltar business cost Qatar Re owner £37.9m
- Ageas UK CEO Andy Watson issues caution on Brexit claims inflation impact
- Ageas UK says long goodbye to Ogden impact as CEO Watson hails ‘strong’ motor performance
Back to Top