SCA junk downgrade to ‘weigh on’ XL shares
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SCA junk downgrade to ‘weigh on’ XL shares

27 March 2008
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Fitch Ratings move to downgrade ratings on Security Capital Assurance Ltd (SCA) and its bond and financial guarantee (re)insurance subsidiaries to junk bond status may weigh on affiliated Bermudian (re)insurer XL Capital, according to analysts.

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