New York, October 16, 2013 -- Moody's Investors Service has affirmed the Baa3 senior debt rating of Odyssey Re Holdings Corp. (Odyssey Re) and the A3 insurance financial strength rating of Odyssey Reinsurance Company. The outlook for the ratings has been changed to stable, from positive. Odyssey Re is a wholly-owned subsidiary of Fairfax Financial Holdings Limited (Fairfax - senior debt at Baa3, stable outlook).

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