Sirius International Group Outlook Revised To Stable On Plans To Retain Its Strategy Post Acquisition; Ratings Affirmed

9/30/2015

Overview

  • We expect Sirius will likely maintain a strong business risk profile and an extremely strong capital adequacy based on our capital model over at least the next two years.
  • We are revising to stable the outlook on our long-term ratings on Sirius, reflecting its stand-alone credit profile.
  • The stable outlook reflects our view that, following the acquisition by China Minsheng Investment Corp., Sirius will maintain its current approach to capital adequacy, prudent investment management, and underwriting strategy. 
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