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S&P changes Allianz Canada outlook

Standard & Poor's Ratings Services (S&P) has revised its outlook on Allianz Insurance of Canada and Trafalgar Insurance of Canada (collectively referred to as Allianz Canada) to stable from negative and affirmed its 'BBB+' (good) counterparty credit and financial strength ratings on the companies.

“The outlook revision reflects Standard & Poor's view that the company will continue to demonstrate improved operating performance through 2004 and into 2005,” said S&P Poor's credit analyst Michael

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