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Fitch: W.R. Berkley unchanged
Fitch Ratings said it has reviewed W.R. Berkley Corp.'s exposure to the common and preferred equity of Fannie Mae and Freddie Mac, following the U.S. government's decision to assume control of the companies' operations.
W.R. Berkley has an A- issuer default rating and BBB+ senior debt ratings.
The agency said it believes Berkley's ratings can withstand an investment write-down of this magnitude.
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