S&P Raises Endurance Ratings Outlook
NU Online News Service, Dec. 13, 3:53 p.m. EST?Standard & Poor's raised its outlook today on Endurance Specialty Holdings and its units to "Positive" from "Stable," citing the company's competitive position, capital adequacy and strong operating performance.[@@]
The upgraded outlook, the ratings agency said, is based on Endurance's performance through the recent hurricane season, where the Bermuda-based company has performed well versus peers in terms of capital and earnings as well as from a volatility standpoint.
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