Report title: Fortis Corporate Insurance N.V. Outlook Revised To Stable; 'A-' Ratings Affirmed On Completion Of Amlin PLC Acquisition
from S&P Credit Research
858 word report published Jul 22, 2009

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Abstract: Amlin PLC has completed its acquisition of Fortis Corporate Insurance N.V., following the receipt of all regulatory and shareholder approvals. We are therefore revising our outlook on FCI to stable from negative. We are affirming our 'A-' insurer financial strength rating on FCI. PARIS (Standard&Poor's) July 22, 2009--Standard&Poor's Ratings Services said today that it revised its outlook to stable from negative on Netherlands-based commercial lines insurer Fortis Corporate Insurance N.V. (FCI), and affirmed its 'A-' long-term counterparty credit and insurer financial strength ratings on the company. The outlook revision follows today's announcement that U.K.-based property/casualty insurer and reinsurer Amlin PLC (BBB+/Stable/--) has completed its acquisition of FCI following the receipt of all regulatory and shareholder approvals.

Brief Excerpt: RESEARCH Ratings Definitions Fortis Corporate Insurance N.V. Outlook Revised To Stable; 'A-' Ratings Affirmed On Completion Of Amlin PLC Acquisition Publication date: 22-Jul-2009 Primary Credit Analyst: Marie-Aude Salinas, Paris (33)...

Report Type: Ratings Action
Ticker: 40236Z@BB
Issuer: Fortis Corporate Insurance N.V.
GICS: Property & Casualty Insurance (40301040)
Sector: Global Issuers
Country: Netherlands
Region: Europe, Middle East, Africa
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