All the headlines from our Moodys Topic Page, ordered by recency.
Jun 23 2008 // Bond insurer MBIA said Friday it may need to put up nearly $7.5 billion to meet collateral posting requirements and potentially pay off obligations after losing its top “AAA” rating from Moody’s Investors...
Mar 13 2008 // The fast-spreading U.S. mortgage crisis prompted lawmakers Wednesday to explore problems with municipal bonds, painting a bleak outlook for bond insurers that one official said imposes a “secret Wall Street...
Feb 25 2008 // One of Warren Buffett’s newest businesses — insuring municipal bonds — is expanding rapidly into a troubled field as the company backed 112 issues in just the past two days, according to Moody’s...
Aug 27 2007 // The London office of Moody’s Investors Service has issued a new “Special Comment” analyzing the current crisis in the US sub-prime mortgage market and “the related uncertainty surrounding structured...
Sep 28 2006 // Moody’s Investors Service said it was affirming the Baa2 senior unsecured debt rating and the Prime-2 short-term debt rating for Marsh & McLennan Companies Inc., the nation’s largest insurance...
Aug 2 2005 // Peoria, Ill.-based surplus lines insurer RLI Corp. today received an upgrade of its senior debt rating to Baa2 from Baa3, and an insurance financial strength ratings of its insurance subsidiaries to A2 from A3 from...
Aug 1 2005 // The nation’s credit rating agencies are facing increased scrutiny from federal officials and New York Attorney General Eliot Spitzer.In recent months, the Securities and Exchange Commission and Congress have moved to...
Aug 23 2004 // Moody’s Investors Service changed the outlook on the ratings for the legacy St. Paul intercompany pool to negative from positive. The outlook for St. Paul, TPCC, and TIGHI and the legacy Travelers intercompany pool...
Jul 9 2004 // Moody’s Corporation announced that Ewald Kist, who retired as the head of Holland’s ING Group in June, has been elected to the Board of Directors effective immediately. Kist, 60, had headed ING since June 2000....
Jun 24 2004 // Moody’s Investors Service announced that it has placed the long-term ratings of Australia’s AMP Ltd. group of companies under review for possible upgrade. Moody’s said the “the review reflects...
Jun 4 2004 // A.M. Best Co. announced that it has assigned a rating of “bbb+” to ACE INA Holdings, Inc.’s $500 million ten-year 5.875 percent senior unsecured notes. Moody’s Investors Service has assigned the...
May 27 2004 // Moody’s Investors Service announced that it had downgraded the insurance financial strength rating and long-term debt ratings of Swiss Reinsurance Company and its various guaranteed and non-guaranteed subsidiaries by...
May 20 2004 // Major acquisition announcements inevitably trigger a lot of fallout – very like the effect of throwing a large rock into a still pond. The ripples spread out over the pond’s surface. MMC’s announcement...
May 17 2004 // Hard markets have a way of making insurance company financial strength ratings a hot topic of discussion, and not just among insurance agents and brokers. Professional risk managers and other insurance buyers, consumer...
May 10 2004 // Both Standard & Poor’s Ratings Services and Moody’s Investors Service have assigned high ratings to Assured Guaranty and its subsidiaries, the international surety insurer, formed from the spin off of ACE...
Apr 1 2004 // Moody’s Investors Service announced that is has lowered the debt ratings of Travelers Property Casualty Corp., and those of its subsidiary Travelers Insurance Group Holdings Inc., by one notch.Senior debt was lowered...
Mar 15 2004 // Moody’s Investors Service announced that it has downgraded the A1 Insurance Financial Strength Rating (IFSR) of Lloyd’s syndicate 1007, SVB Syndicates Limited, to A2 and assigned a stable outlook. It also...
Mar 12 2004 // Moody’s Investors Service’s latest forecasts for the Lloyd’s of London insurance market indicate that Lloyd’s could record profits totaling around £6 billion ($10.8 billion) for the 2002 to 2004...
Jan 13 2004 // Moody’s Investors Service has issued its annual report on Bermuda, discussing the island’s Aa1 foreign currency country ceilings, Aaa domestic currency rating, and stable outlook, which the rating agency...
Jan 12 2004 // Moody’s Investors Service announced that it has affirmed the debt ratings of ING Groep N.V. (ING Group) and ING Verzekeringen N.V. (ING Insurance) at Aa3 for senior debt, A1 for subordinated debt, and Prime-1 for...