Moody's affirms Allied World

Moody's Investors Service affirmed the Baa1 senior debt rating of Allied World Assurance Company Holdings Ltd. and removed the A2 insurance financial strength ratings of its operating subsidiaries from review for possible upgrade following the announcement that it has terminated its merger agreement with Transatlantic Holdings, Inc.

In June, Moody's placed the insurance financial strength ratings of Allied World under review for possible upgrade after it entered into the merger agreement.

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