Moody's affirms AmWINS

Moody's Investors Service said it affirmed AmWINS Group, Inc.'s corporate family rating at B2 based on its strong market presence in wholesale and specialty insurance brokerage and its healthy product and geographic diversification.

These strengths are tempered by the execution risk of AmWINS' proposed acquisition of THB Group plc and by the group's significant debt maturities scheduled for 2013 to 2014, Moody's said.

The outlook is stable.

The purchase will enhance AmWINS' product and geographic diversification, said Bruce Ballentine, a Moody's analyst.

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