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Arundo Re's growth ambitions earns S&P positive assessment
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Arundo Re's growth ambitions earns S&P positive assessment
S&P Global Ratings has expressed a positive view on Arundo Re’s strategic growth ambitions, assigning the international reinsurer a financial strength rating of ‘A’ with a stable outlook. The credit rating agency highlighted Arundo Re’s (formerly known as CCR Re) potential for sustained profitability and expansion backed by its majority shareholders. Arundo Re has been majority held by a consortium of French mutuals comprising Societe mutuelle d…
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