
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
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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
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