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Allied World Assurance Co. Holdings AG And Subsidiaries Ratings Raised By One Notch; Outlook Stable Jun 11
Standard & Poors, June 2011
Abstract
Allied World Assurance Co. Holdings Ltd.'s (NYSE:AWH) insurance subsidiaries continue to generate strong operating results and strong investments and capitalization for the rating. We believe AWH's enterprise-risk management is strong. We are upgrading by one notch our ratings on the companies, including the 'BBB' counterparty credit rating on AWH. The rating outlook on AWH and its operating subsidiaries is stable. NEW YORK (Standard & Poor's) June 7, 2011--Standard & Poor's Ratings Services raised its ratings on Allied World Assurance Co. Holdings AG (NYSE:AWH) and its operating subsidiaries by one notch. We raised the counterparty credit rating on the holding company to 'BBB+' from 'BBB' and the counterparty credit and financial strength ratings on its core operating subsidiaries to 'A' from...
Companies mentioned in this report are: Allied World Assurance Company Holdings, AG
Action: Upgraded
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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