Moody's Lowers XL Capital Rating; Outlook Stable

Moody's Investors Service has lowered the ratings of XL Capital Ltd (senior unsecured debt to A2 from A1) and debt-issuing affiliates, as well as the insurance financial strength ratings of members of the XL Reinsurance America Inc intercompany pool and XL Re (to Aa3 from Aa2). Ratings and outlooks on other XL Capital subsidiaries - including its financial guaranty insurance and reinsurance subsidiaries, XL Capital Assurance Inc. and XL Financial Assurance Ltd. and other primary insurance subsidiaries, such as XL Insurance (Bermuda) Ltd - are not affected. The outlooks for all rated members of...