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Re-ratings - Moody's lowers debt ratings.
(From Reinsurance)
Moody's has lowered the debt ratings of Travelers Property Casualty. The rating agency lowered the company's senior debt rating from 'A2' (good) to 'A3' (good) and its junior subordinated debt rating from 'A3' (good) to 'Baa1' (adequate). It added that the outlook is stable. The downgrade follows a review for the downgrade of the company's debt ...
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