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S&P upgrades Paris Re following integration
10 August 2010
S&P has affirmed its A counterparty credit rating on Bermuda-based reinsurance holding company PartnerRe and its AA- counterparty credit and financial strength ratings on PartnerRe's core operating subsidiaries.
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Rating agency Standard & Poor's (S&P) has affirmed its A counterparty credit rating on Bermuda-based reinsurance holding company PartnerRe and its AA- counterparty credit and financial strength ratings on PartnerRe's core operating subsidiaries. The outlook remains negative.
Standard & Poor's also said that it raised its counterparty credit and financial strength ratings on Paris Re and other Paris Re operating subsidiaries, which PartnerRe acquired on October 2 2009 to 'AA-' from 'A+'. The outlook on these...
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