S&P upgrades outlook of Fairfax Financial Holdings
S&P Global Ratings affirmed its "A-" financial strength rating on Fairfax Financial Holdings and its major subsidiaries, including Odyssey Re and Odyssey Re Europe. The rating agency also affirmed the "BBB-" long-term credit rating of the holding company and Odyssey Group.
The outlook for both ratings shifted from stable to positive.
S&P justifies its decision by the improvement of Fairfax's capitalization, the strengthening of its competitive position as well as recording better results.
0
Your rating: None
Fri, 18/06/2021 - 15:35
The online magazine
Live coverage
05/10
05/10
05/10
05/10
05/09
Latest news