S&P Lowers Ratings of Allied World After Acquisition by Fairfax; Outlook Stable

S&P Global Ratings lowered its long-term counterparty credit and senior debt ratings on Allied World Assurance Co. Holdings AG to ‘BBB-‘ from ‘BBB+’, following the company’s acquisition last week by Fairfax Financial Holdings. At the same time, S&P lowered its counterparty …

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