Losses batter Orkney and Ballantyne Re; 'Likely default'
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Losses batter Orkney and Ballantyne Re; 'Likely default'

03 November 2008
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Ratings agency Fitch Ratings assigned Distressed Recovery (DR) ratings to the $300mn unwrapped tranches of beleaguered Scottish Re's $2.1bn

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Analysis Catastrophe bonds November 2008/1 ILS
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