Fairfax Financial Holdings Ltd. and Units Outlook Revised to Negative; Various Actions Taken - S&P Global Ratings’ Credit Research

Fairfax Financial Holdings Ltd. and Units Outlook Revised to Negative; Various Actions Taken

Fairfax Financial Holdings Ltd. and Units Outlook Revised to Negative; Various Actions Taken - S&P Global Ratings’ Credit Research
Fairfax Financial Holdings Ltd. and Units Outlook Revised to Negative; Various Actions Taken
Published Dec 16, 2002
1088 words — Published Dec 16, 2002
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Dec. 16, 2002--Standard&Poor's Ratings Services said today that it affirmed its 'BB+' counterparty credit rating on Fairfax Financial Holdings Ltd. (Fairfax) and its 'BBB' counterparty credit and financial strength ratings on Fairfax's affiliates. The outlook has been revised to negative from stable. Standard&Poor's also said it lowered its counterparty credit and financial strength ratings on TIG Insurance Co. (TIC) and its affiliates to 'BB' from 'BBB'. The outlook is negative. At the same time, Standard&Poor's said that it affirmed its 'BB' counterparty credit and financial strength ratings on TIG Holdings Inc. (TIG). The outlook has been revised to negative from stable. "These ratings actions follow Fairfax's earlier announcement that

  
Brief Excerpt:

RESEARCH Fairfax Financial Holdings Ltd. and Units Outlook Revised to Negative; Various Actions Taken Publication date: 16-Dec-2002 NEW YORK (Standard & Poor's) Dec. 16, 2002--Standard & Poor's Ratings Services said today that it affirmed...

  
Report Type:

Ratings Action

Ticker
FFH@CN
Issuer
Fairfax Financial Holdings Ltd.
GICS
Property & Casualty Insurance (40301040)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Canada
Region
Canada
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Fairfax Financial Holdings Ltd. and Units Outlook Revised to Negative; Various Actions Taken" Dec 16, 2002. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Fairfax-Financial-Holdings-Ltd-and-Units-Outlook-Revised-to-Negative-Various-Actions-Taken-281065>
  
APA:
S&P Global Ratings’ Credit Research. (). Fairfax Financial Holdings Ltd. and Units Outlook Revised to Negative; Various Actions Taken Dec 16, 2002. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Fairfax-Financial-Holdings-Ltd-and-Units-Outlook-Revised-to-Negative-Various-Actions-Taken-281065>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.