Moody’s issues new Fidelis ratings after news of restructure
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Moody’s issues new Fidelis ratings after news of restructure

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Ratings agency Moody’s has assigned Fidelis and its key (re)insurance subsidiaries with new ratings and a stable outlook, in a belief the business will maintain strong capital levels and consistent underwriting performance in the wake of its radical restructure.

The carrier’s key (re)insurance operating subsidiaries – Fidelis Insurance Bermuda Ltd, Fidelis Underwriting Ltd and Fidelis Insurance Ireland DAC – have all been assigned an A3 insurance financial-strength rating.

Moody’s

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