Fitch affirms Flagstone ratings after Validus deal
Ratings agency Fitch has confirmed that it will take no action on the ratings of Flagstone Re after it was purchased by Validus at the end of November.
Fitch said that Flagstone Reassurance Suisse SA will keep its insurer financial strength rating of ‘A-‘, while the outlook has been changed to positive.
Validus paid $2.00 per share to acquire the
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