Top Commercial Lines Stories
Moody's Downgrades QBE's Debt Ratings After Insurer Warns of Losses
By Bonnie CavanaughMoodys reduced QBEs issuer and senior unsecured debt ratings to Baa2 from Baa1, following Mondays announcement by QBE in which the Australia-based property and casualty firm reported the expected losses related to the writedown of intangible assets of some $930 million.
