The counterparty credit rating and insurer FSR on Wintherthur International Reinsurance Co. Ltd. was downgraded from “AA” to “AA-” by S&P. Concurrently, those ratings were placed on CreditWatch with developing implications along with the “AA-” long-term insurer FSR; “AA-” and counterparty credit rating; and the “A-1+” short term counterparty credit ratings on Winterthur International Insurance Co. Ltd., reflecting a strategic review with respect to those commercial lines businesses currently being undertaken by the Winterthur Group.
Was this article valuable?
Here are more articles you may enjoy.
Intersecting Risks and the Future of Construction Insurance 
NAIC Victim of Cyber Incident Via PeopleSoft System 
Big I: Independent Agencies’ Market Share Up Slightly in 2025 
How Insurers Know When It’s Time to Scale AI From This Issue
