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Storebrand to drop Moody's relationship

will end itsrelationship with Moody's as part of a cost-reduction program.

The companysaid July 19 that it will continue to work with S&P Global Ratings.

In additionto Storebrand ASA, Moody's also provides ratings for units , andStorebrand LivsforsikringAS.

S&P Global Ratings and S&P GlobalMarket Intelligence are owned by S&P Global Inc.