Alea cancels capital raising following AM Best downgrade blow
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Alea cancels capital raising following AM Best downgrade blow

26 September 2005
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Embattled UK quoted reinsurer Alea Group Holdings (Bermuda) Ltd has cancelled a rescue fund raising plan following AM Best's decision on 23 September to downgrade the firm's financial strength rating from A- to B++.

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News September 2005/5
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