Moody's Investors Service said this week it expects Enhance Financial Services Group to suffer farther losses on its commercial real estate exposure, but Enhance officials disputed that assessment.

Through its main operating subsidiaries, Enhance Reinsurance Co. and Asset Guaranty Reinsurance Co., Enhance Financial Services currently has exposure to 18 commercial real estate transactions with a par value of $329 million, Moody's said in a report issued Monday.

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