S&P lowers USAA rating, citing bank weakness and insurance gains
Reinsurance News - May 29, 2025
S&P Global Ratings, a provider of independent credit assessments and financial analysis, has downgraded the credit ratings of United Services Automobile Association (USAA) and its core insurance subsidiaries from ‘AA+’ to ‘AA’. The ratings firm, known for its evaluations of companies’ creditwort...
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