S&P says majority of class of 2005 not 'A' quality
S&P has entered the debate on the credit quality of the class of 2005 reinsurance start-ups, saying on a few might attain an 'A' rating.
In a report upgrading the outlook for the global reinsurance industry to stable from negative, S&P, which does not rate pure start-up operations, made the following comments on the class of 2005:
“A
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