All the headlines from our Moodys Topic Page, ordered by recency.
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...
Mar 3 2003 // Moody’s Investors Service has confirmed the A3 insurance financial strength ratings of the property and casualty insurance subsidiaries of American Financial Group as well as its debt ratings (senior unsecured at...
Feb 28 2003 // Moody’s Investors Service announced that it has placed the ratings on Zurich Insurance Company [insurance financial strength rating of A1, senior debt rating of A2, subordinated debt rating of A3, and ZCM Matched...
Feb 25 2003 // Moody’s Corporation has received a $15.9 million insurance recovery for incremental costs incurred and lost profits related to the Sept. 11, 2001 tragedy. Combined with a $4 million advance payment received in 2002,...
Feb 18 2003 // Moody’s Investors Service has placed the ratings of property-casualty insurer The St. Paul Cos. on review for possible downgrade. Included in the review are the insurance financial strength ratings of St. Paul Fire...
Feb 3 2003 // Both Standard & Poor’s Ratings Services and Moody’s Investors Service announced that they have lowered their ratings on the Bermuda-based Trenwick Group Ltd. and its subsidiaries, following the...
Jan 31 2003 // Moody’s Investors Service announced that it has changed its outlook to negative from stable on the A1 senior debt and A2 subordinated and junior subordinated debt ratings of France’s AXA group.Moody’s...
Jan 29 2003 // Moody’s Investors Service has assigned Baa1 ratings to two issues of senior unsecured debt of SAFECO Corporation and has affirmed the company’s ratings with a stable outlook.Moody’s assigned its Baa1...
Jan 29 2003 // Moody’s Investors Service announced that it has placed the guaranteed Aa3 senior and A1 subordinated and junior subordinated debt ratings of Belgian-Dutch financial services group Fortis Finance N.V. “on review...
Jan 27 2003 // Even being in business for over 90 years doesn’t seem to assure financial stability these days. 2002 was not a good year for the Chicago-based Kemper Group, headed by Lumbermens Mutual Casualty Company, a leading...
Jan 27 2003 // Even being in business for over 90 years doesn’t seem to assure financial stability these days. 2002 was not a good year for the Chicago-based Kemper Group, headed by Lumbermens Mutual Casualty Company, a leading...
Jan 13 2003 // Moody’s Investors Service revised its outlook on the debt ratings of Willis NorthAmerica Inc., a subsidiary of Willis Group Holdings. to positive from stable. The rating agency commented that improved earnings,...
Nov 27 2002 // Moody’s Investors Service has affirmed Cincinnati Financial Corporation’s (CINF) A2 senior debt rating and its Aa3 insurance financial strength rating of the company’s property & casualty...
Nov 27 2002 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on American Growers Insurance Co. (AGIC) to ‘R’ from ‘CC’, and...
Nov 26 2002 // Moody’s Investors Service announced that it has downgraded to A2, from A1, the insurance financial strength rating (IFSR) of Converium AG and its U.S. and German subsidiaries-Converium Reinsurance (North America)...
Nov 25 2002 // Moody’s reports that further decline is likely for many U.S. P/C insurers’ investment portfolios because of credit losses resulting from exposure to troubled companies. However, in the newly released report,...
Nov 1 2002 // Moody’s reports that further decline is likely for many U.S. P/C insurers’ investment portfolios because of credit losses resulting from exposure to troubled companies.However, in the newly released report,...
Oct 28 2002 // Moody’s Investors Service affirmed the “Ba1” rating of Atlantic Mutual’s Insurance Company’s surplus notes, as well as the “Baa1” financial strength rating of its pooled insurance...
Oct 11 2002 // Moody’s Investors Service announced that it has downgraded its financial strength ratings on the U.K.’s Royal & Sun Alliance by two levels from ‘A1’ to ‘A3’ and its commercial paper...