Standard & Poor’s Ratings Services affirmed its ratings on various synthetic transactions related to Aon Capital A, and removed them from CreditWatch with negative implications, where they were
placed on Nov. 4, 2002.
The rating actions follow the affirmation of Aon Corp.’s preferred stock rating on Nov. 8, 2002.
These synthetic securities are weak-linked to the underlying collateral
(Aon Capital A’s preferred stock), which is guaranteed by Aon Corp. The rating actions reflect the credit quality of the underlying securities issued by Aon Capital A.
Topics Aon
Was this article valuable?
Here are more articles you may enjoy.
DeSantis Signs Citizens Commercial Clearinghouse Bill That’s Been Called ‘Unneeded’
How Insurers Know When It’s Time to Scale AI
US P/C Rebounds to Post Q1 Underwriting Gain; Net Income Doubles
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 

