Moody's puts Allied World on credit watch

Moody's Investors Service has become the latest ratings
agency to put Allied World under review for a potential downgrade
following the group's agreement to sell itself to Canada's
Fairfax Financial for $4.85bn.
The rating agency's review includes the Baa1 senior debt
rating for Allied World Assurance Company Holdings Ltd and the A2
insurance financial strength (IFS) rating of the carrier's
insurance subsidiaries.
Moody's said it made the move because of Fairfax's lower
credit profile, an expect