Asbestos To Affect Ratings, Moody's Says

NU Online News Service, Mar. 27, 9:49 a.m.EST?Underfunding of asbestos liabilities may be theprincipal driver of rating downgrades of property-casualty insurersin 2002 and beyond, Moody's Investor's Service said today.

The New York-based rating agency announced the publication of anew report entitled, "Rising Asbestos Losses Pressure Ratings ofCommercial Insurers."

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