Following the announcement that ACE Ltd. and its subsidiaries (collectively, ACE) will acquire all of the outstanding common stock of Rain and Hail Insurance Service Inc. (R&H), Fitch Ratings and S&P affirmed its ratings. The transaction, roughly $1.1 billion cash, is expected to close by the end of 2010, pending necessary regulatory approvals.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access