Moody's cuts Endurance view

Moody's Investors Service said it affirmed the A2 insurance financial strength ratings of Endurance Specialty Insurance Ltd. and Endurance Reinsurance Corp. of America and the debt and preferred stock ratings of their parent holding company, Endurance Specialty Holdings Ltd., with the outlook for the ratings changed to negative from stable.

The change in outlook status reflects Moody's view that the company's credit profile has weakened over the past year, the agency said.

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