The long- and short-term ratings, including the “AA-” counterparty credit rating and insurer FSR, on the core operating entities of the Royal & Sun Alliance Group PLC were affirmed by S&P. The rating action came after a Jan. 18 announcement of increased storm losses and reflects the group’s excellent global market position in general insurance and robust capitalization. The outlook is negative.
Was this article valuable?
Here are more articles you may enjoy.
AI for the Defense: Should Insurers or Law Firms Pay?
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 


