Fitch and Moody's have cut their assessment of QBE Insurance Group's creditworthiness, saying the Australian carrier has been financially weakened by hefty reserving charges and goodwill writedowns at its troubled North American unit.
Fitch and Moody's have cut their assessment of QBE Insurance Group's creditworthiness, saying the Australian carrier has been financially weakened by hefty reserving charges and goodwill writedowns at its troubled North American unit.