Scottish Re bullish despite downgrades
Scottish Re Group has responded to the recent actions taken by Standard & Poor's Ratings Services and Moody's Investor Service to lower the company's credit ratings as a result of a short-term tightening of Scottish Re's liquidity.
On Friday August 18, S&P lowered its counterparty credit and financial strength ratings on Scottish Re's operating subsidiaries from BBB+ to BBB- and lowered its counterparty credit rating on Scottish
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