Moody's Lowers Some ACE Limited Ratings
NU Online News Service, April 7, 4:50 p.m. EST?Completing a rating review that started when ACE revealed $2.2 billion in asbestos losses back in January, Moody's Investors Service in New York announced today that has lowered some debt and financial strength ratings of ACE Limited.
The ratings downgraded in today's action include long-term and short-term debt ratings of ACE Limited and ACE INA Holdings, Inc. and the insurance financial strength ratings of members of the run-off Brandywine Group.
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