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Prospect News home > News index > List of issuers X > Headlines for XL Capital Ltd. > News item
Published on 8/5/2008 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

S&P affirms XL

Standard & Poor's said it affirmed its A- counterparty credit and senior unsecured debt ratings on XL Capital Ltd.

At the same time, the agency said it removed the ratings from CreditWatch, where they had been placed with negative implications on July 3.

The outlook is negative.

In addition, S&P said it affirmed its A+ counterparty credit and financial strength ratings on XL's core operating insurance subsidiaries while it also removed these ratings from CreditWatch with negative implications.


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