All the headlines from our Moodys Topic Page, ordered by recency.
Jan 9 2004 // A report from Moody’s Investors Service notes a stable rating outlook for Italy’s rated P/C insurers and a steady improvement in results since 2001.“The continued upturn for most of the seven rated...
Jan 8 2004 // Moody’s Investors Service announced that it has assigned prospective ratings to the $975 million universal shelf registration of Everest Re Group, Ltd. (Everest Re Group) — prospective senior unsecured debt at...
Dec 24 2003 // The fallout from the collapse of Parmalat, the Italian dairy and food-processing group, is spreading ever wider. With commentators and analysts now calling it “Europe’s Enron,” it will undoubtedly affect...
Nov 13 2003 // Chicago-based insurer CNA Financial Corp. reported a net loss for the third quarter of 2003 of $1.8 billion, or $7.94 per share, as compared with net income of $54 million, or 24 cents per share, for the same period in...
Nov 12 2003 // Moody’s Investors Service said in a statement that it does not expect its ratings or outlook on the U.S. personal lines insurance sector as a whole to be impacted solely by the recent spate of California...
Oct 31 2003 // Moody’s Investors Service has issued a bulletin stating that “Germany’s proposed decision to reform the taxation of German life & health insurers would have a significant and timely positive impact...
Oct 24 2003 // Moody’s Investors Services announced that it has confirmed the insurance financial strength rating at Baa2 of the Royal & Sun Alliance Group and its European operations, but has downgraded the ratings of Royal...
Oct 22 2003 // Moody’s Investors Service announced that it has confirmed the ratings of XL Capital “(A1 senior unsecured debt) and supported debt-issuing affiliates, as well as the Aa2 insurance financial strength ratings of...
Oct 20 2003 // Moody’s Investors Service confirmed the “Aaa” insurance financial strength (IFS) ratings of the eight rated members of AIG’s U.S. commercial insurance group (Domestic Brokerage Group, or DBG)....
Oct 6 2003 // Moody’s Investors Service affirmed Glen Allen, Va.-based Markel Corp.’s “Baa3” senior debt rating and “A3” insurance financial strength ratings at its U.S. insurance entities. The...
Sep 25 2003 // Standard & Poor’s and Moody’s Investors’ Service both issued favorable comments yesterday on the current prospects at Lloyd’s. The announcements followed a number of first half reports from...
Jun 27 2003 // Moody’s Investors Service has downgraded the insurance financial strength ratings of members of the Kemper Insurance Cos. inter-company pool “Caa3” from “B3.” In the same action, Moody’s...
Jun 18 2003 // Moody’s Investors Service has assigned an A3 (“Good”) insurance financial strength rating to Montpelier Reinsurance Ltd., the Bermuda-based property catastrophe and specialty property reinsurance company,...
Jun 16 2003 // Moody’s Investors Service has affirmed its A1 insurance financial strength and A2 senior debt ratings on the Winterthur Insurance Group (A1 insurance financial strength at Winterthur Swiss Insurance Company, A2 debt...
Apr 25 2003 // Moody’s Investors Service has upgraded Mayfield Village, Ohio-based Progressive Corp.’s senior unsecured debt rating to “A1” from “A2.” In the same action, the rating agency upgraded the...
Apr 7 2003 // Moody’s Investors Service announced that it has downgraded the financial strength ratings of Munich Reinsurance Company, Hamburg-Mannheimer Versicherungs AG, and Victoria Lebensversicherung AG to Aa3 from Aa1. It...
Apr 3 2003 // If it were a sports story, it would be something like the Anaheim Angels winning the World Series last year, so when an insurance company, in this case an insurance market, goes from losing almost $5 billion to making...
Mar 28 2003 // Germany’s Hannover Re has issued a statement commenting on the actions taken by Moody’s Investors Service this week in downgrading the reinsurer’s financial strength rating from “A2” to...
Mar 20 2003 // Moody’s Investors Service announced that it has lowered the debt ratings of France’s AXA group to A2 from A1 for senior debt, and to A3 from A2 for subordinated and junior subordinated debt, “reflecting a...
Mar 6 2003 // Philadelphia-based PMA Capital announced that Moody’s Investors Service issued a release stating that it has lowered the long-term debt ratings of PMA Capital Corporation (PMACC) to Ba1 from Baa3 and the insurance...