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ACTR |
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(AGRO) said it would transfer
100% of the stock ownership of ACTR to ACE Bermuda Insurance Ltd. (ACRO), has entered
into a definitive agreement to sell ACTR and assign its guarantee of
ACTR's liabilities to ACE Limited or one of its subsidiaries (ACE). Additionally, the 'AA' IFS rating of ACE Capital Title
Reinsurance Company (ACTR) has been placed on Rating Watch Evolving
until such time as Fitch has a better understanding of the support to be
provided to ACTR in the future. |
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