Moody's confirms Baa1 financial strength rating of United Guaranty following acquisition by Arch Capital; outlook is positive
New York, January 05, 2017-- Moody's Investors Service has confirmed the Baa1 insurance financial strength rating of United Guaranty Residential Insurance Company, the flagship mortgage insurance subsidiary of United Guaranty Corporation. The rating action concludes a review for downgrade that was initiated on 26 January 2016 and follows the completion of Arch Capital Group Ltd.' s previously announced acquisition of UGC from American International Group, Inc..
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