S&P downgrades Res Re 2007
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S&P downgrades Res Re 2007

12 August 2009
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As predicted in July, Standard & Poor's (S&P) lowered its ratings on four tranches of USAA's Residential Reinsurance 2007, upon receipt of the annual reset reports from AIR Worldwide.

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Analysis Catastrophe bonds August 2009/1
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