Europeans not out of the woods - Ratings agencies cop flak as downgrade woes continue
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Europeans not out of the woods - Ratings agencies cop flak as downgrade woes continue

01 August 2003
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Munich Re fights back at S&P downgrade

Giant German reinsurer Munich Re has rallied against rating agency Standard & Poor’s (S&P) after being downgraded from AA- to A+ with a stable outlook.

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News August 2003/1
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