CHICAGO--(BUSINESS WIRE)--Fitch Ratings has downgraded Tower Group International, Ltd.'s (TWGP) Issuer Default Rating (IDR) to 'B' from 'BBB' and Tower's operating subsidiaries' (collectively referred to as Tower) Insurer Financial Strength (IFS) ratings to 'BB' from 'A-'. All ratings remain on Rating Watch Negative pending the company's...
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