Sirius placed on ‘evolving watch’ as Chinese parent launches formal process to find a buyer


Fitch Ratings has revised the rating watch for Sirius International Group to "evolving" from "negative" citing concerns over its ability to successfully execute a sale in the current volatile market conditions. The move follows the announcement by its parent China Minsheng to sell the company.

Fitch Ratings, Sirius, CMIG, Ratings, Insurance, Reinsurance, North America

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