Fitch affirms Endurance

Fitch Ratings said it affirmed the ratings on Endurance Specialty Holdings Ltd. and its reinsurance operating subsidiaries, including the issuer default rating at A-.

The agency also affirmed the insurer financial strength rating of Endurance Specialty Insurance Ltd. at A. The outlook is stable.

Fitch said its rationale for the affirmation of the ratings reflects the company's favorable earnings and interest coverage, moderate financial leverage and high-quality and liquid investment portfolio.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.