S&P Lowers GE's P-C Insurance Outlook

NU Online News Service, June 2, 10:22 a.m.EDT?Standard & Poor's Rating Services has lowered itsoutlook on General Electric's property-casualty insurance units to"Negative" from "Stable," citing "uncertainty of continuedinvestment" for its future growth by its parent company.

Currently, GE's p-c units have "Double-A-Minus" financialstrength and counterparty credit ratings from S&P.

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