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Moody's affirms, ups outlook on ratings of OneBeacon's intercompany pool

SNL Insurance Weekly Property & Casualty Edition, 2011-06

Copyright SNL Financial LC Jun 20, 2011 ;ISSN: 1098-8130 ;EISSN: 1938-1484

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  • Title:
    Moody's affirms, ups outlook on ratings of OneBeacon's intercompany pool
  • Author: Pasha, Muneeb
  • Subjects: Financial leverage ; Fire insurance ; Insurance companies
  • Is Part Of: SNL Insurance Weekly Property & Casualty Edition, 2011-06
  • Description: Moody's on June 13 affirmed the A2 insurance financial strength ratings of the OneBeacon Insurance Group Ltd. intercompany pool members and the Baa2 senior debt rating of intermediate holding company, OneBeacon U.S. Holdings Inc. Moody's changed the outlook on the ratings to stable from negative, reflecting the "group's narrowed strategic focus and expertise, an improved risk profile from a profitability perspective as well as a significantly reduced financial leverage."
  • Publisher: Charlottesville: SNL Financial LC
  • Language: English
  • Identifier: ISSN: 1098-8130
    EISSN: 1938-1484
  • Source: ProQuest Central
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