Correction, December 5, 2005
Created: Dec 05, 2005 10:00 AM
A story in Thursday's business section misstated some information on the ratings action taken against the company by Standard & Poor's Ratings Services. The story should have read that S&P lowered its counterparty credit and financial strength ratings on XL Capital Ltd.'s core operating companies to 'A+' from 'AA-', not the other way around, and removed the ratings from CreditWatch with negative implications, indicating the ratings are unlikely to be changed.
