Moody's eyes downgrade for XL's Lloyd's syndicate
Moody's Investors Service (Moody's) today placed the B+ Above Average, performance rating of XL's Lloyd's syndicate 1209 under review for possible downgrade.
The rating agency said that the review reflected uncertainties over the development of the syndicate's account in light of recent staff turnover and material new business lines, as well as concernsOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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