S&P downgrades QIC outlook over $309mn Markerstudy loan

QIC and S&P

Rating agency Standard & Poor’s (S&P) has shifted the outlook of Qatar Insurance Company (QIC) to negative from stable, citing uncertainty over the repayment of some £240mn ($308.8mn) owed to the firm by the UK motor intermediary Markerstudy.

Want to read this article?

Subscribe for FULL access to this article - and ALL our premium content

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey
Commercial director
Email: spencer.halladey@wbmediagroup.com
Tel: +44 (0) 203 934 6687

Andy Stone
Sales manager
Email: andy.stone@wbmediagroup.com
Tel: +44 (0) 203 934 6684

Subscribers get access to:

  • Breaking news by email on all critical issues
  • Trusted analysis and commentary
  • Opinion from market thought-leaders
  • Exclusive data on the industry
  • Daily digital newsletter
  • Full access to our online archive

 

If you are a subscriber you can SIGN IN now for FULL access