Fitch Downgrades ivari’s Rating; Places Rating on Neg Watch; Affirms Wilton Re’s Ratings
Fitch Ratings – New York – 26 Aug 2022: Fitch Ratings has downgraded ivari’s Insurer Financial Strength (IFS) rating to ‘A-‘ from ‘A’ and placed the rating on Rating Watch Negative. In addition, Fitch has affirmed Wilton Re Ltd.’s Long-Term Issuer Default Rating (IDR) at ‘BBB+’ and the IFS rating of its U.S. and Bermuda operating companies (collectively, Wilton Re) at ‘A’. The Rating Outlooks are Stable.
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