Published on Atlas Magazine (https://www.atlas-mag.net)

Home > Printer-friendly

S&P upgrades outlook of Fairfax Financial Holdings

Tweet [1] [2]
Magazine Issue: 
Insurers up against cyber risks [3]
Magazine date: 
Jun 2021

Fairfax Financial HoldingsS&P Global Ratings [4] affirmed its "A-" financial strength rating on Fairfax Financial Holdings and its major subsidiaries, including Odyssey Re and Odyssey Re Europe. The rating agency also affirmed the "BBB-" long-term credit rating of the holding company and Odyssey Group.

The outlook for both ratings shifted from stable to positive.

S&P justifies its decision by the improvement of Fairfax's capitalization, the strengthening of its competitive position as well as recording better results.

Fri, 18/06/2021 - 15:35

Source URL: https://www.atlas-mag.net/en/article/sp-upgrades-outlook-of-fairfax-financial-holdings

Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fsp-upgrades-outlook-of-fairfax-financial-holdings&text=S%26P+upgrades+outlook+of+Fairfax+Financial+Holdings
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fsp-upgrades-outlook-of-fairfax-financial-holdings&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/atlas-magazine-june-2021
[4] https://www.atlas-mag.net/en/article/standard-poor-s-rating-scale