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Fitch Puts White Mountains On Negative Watch

Stock quotes in this article: WTM  

NEW YORK (AP) — Fitch Ratings placed the "BBB+" issuer default ratings of Bermuda-based White Mountains Insurance Group Ltd. on ratings watch negative Monday.

The move also applies to the "BBB+" issuer default ratings of its wholly owned intermediate holding company, White Mountains Re Group Ltd. and its majority owned intermediate holding company, OneBeacon U.S. Holdings Inc.

In addition, Fitch placed on rating watch negative the "BBB" senior debt ratings of White Mountains Re and OB Holdings. ...

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