Fitch affirms XL Capital ratings
Fitch Ratings has affirmed the ratings of XL Capital (XL) and its property/casualty (re)insurance subsidiaries, including the 'A-(A minus)' Long-term issuer rating for XL, and the 'AA-(AA Minus)' Insurer Financial Strength ("IFS") rating of lead (re)insurance companies XL Insurance (Bermuda) and XL Re. The ratings of XL's financial guaranty affiliates are also affirmed at 'AAA'. The rating outlook is stable.
The action follows XL's announcement of an unfavorable indication from a draft report regarding the independent actuarial review of the net reserve seasoning amount relating to XL's 2001 acquisition
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