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Moody's Downgrades Channel Re

Moody's Investors Service has downgraded the financial strength rating of Channel Reinsurance from "Aa3" to "Baa1," citing Channel Re's "overall credit profile in the current environment." The outlook

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Moody’s Investors Service has downgraded the financial strength rating of Channel Reinsurance from “Aa3″ to “Baa1,” citing Channel Re’s “overall credit profile in the current environment.” The outlook for the rating is negative.

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