Aviva, Allianz and RSA warned of downgrades due to Irish debt crisis
Standard & Poor's Ratings Services has lowered its sovereign credit ratings on the Republic of Ireland to 'A/A-1' from 'AA-/A-1+' and placed the ratings on CreditWatch with negative implications.
The rating agency added that it believe that these rating actions could have a negative impact on the creditworthiness of five Ireland-based insurers because of their potential exposure to sovereign
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