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Prospect News home > News index > List of issuers Q > Headlines for QBE Insurance Group Ltd. > News item |
Fitch: QBE unaffected
Fitch Ratings said QBE Insurance Group Ltd.'s A long-term issuer default rating will not be affected by the proposed acquisition of HSBC Holdings plc's general insurance businesses in Argentina and Hong Kong.
The outlook is stable.
The agency said the impact of the expected $420 million transaction on QBE's credit metrics will be relatively neutral.
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