CGSC boss Esser responds as firm's rating outlook slips
Cooper Gay Swett and Crawford chief executive Toby Esser has welcomed Standard and Poor’s decision to maintain its B credit rating, despite a challenging operating environment seeing the firm’s outlook slip to negative.
The ratings agency explained its negative outlook on the reinsurance broker's rating reflects a deterioration in its revenues and earnings relative to expectations.
Esser, pictured, said: "S&P has
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