Stewart’s ‘strong’ financial strength rating affirmed

Fitch Ratings has affirmed Stewart’s insurer financial strength ratings of ‘A-’ (Strong) and long-term issuer default rating of ‘BBB,’ the agency announced.

 Fitch noted that there have been no unexpected adverse developments from the termination of Stewart’s deal to be acquired by Fidelity. The agency also noted moves Stewart has taken because of the coronavirus.

 Read on to learn the details of Fitch’s assessment.