Sirius placed on Rating Watch Negative by Fitch as China Minsheng debt crisis deepens

25-04-2019

Sirius placed on Rating Watch Negative by Fitch as China Minsheng debt crisis deepens

iStock/ Courtneyk

Fitch Ratings has placed Sirius International Group's ratings on Rating Watch Negative, driven by a "deepening debt and liquidity crisis" at China Minsheng Investment Group Corp (CMIG), which owns approximately 80 percent of Sirius's common shares on a fully diluted economic basis.


Sirius International Group, Insurance, Reinsurance, Rating Watch, Negative, Fitch Ratings, China Minsheng, CIMG, Bermuda, North America, Debt, Liquidity

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