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Published on 4/1/2013 in the Prospect News Convertibles Daily.

Fitch: Stewart view positive

Fitch Ratings said it affirmed the BBB- issuer default rating and BB+ senior unsecured debt rating of Stewart Information Services Corp.

Fitch also affirmed the BBB+ insurer financial strength ratings of Stewart's insurance subsidiaries.

The outlook was revised to positive from stable.

The revision of Stewart's outlook reflects significantly improved operating results, solid capitalization, a conservative investment portfolio and modest financial leverage, the agency said.


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