Fitch backs Brit to remained disciplined
Fitch Ratings has today affirmed Brit Insurance's Insurer Financial Strength ("IFS") rating at 'A+', the subordinated notes issued by Brit Insurance Holdings plc ("BIH") at 'BBB' and the Issuer Default Rating ("IDR") of BIH at 'A-' (A minus). The Outlook remains Stable.
Fitch said the ratings reflected "Brit's consistently good operating performance in line with Fitch's expectations, strong capital base including access to group resources, prudent reserving strategy
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