Latest Moodys Headlines

All the headlines from our Moodys Topic Page, ordered by recency.

Moody’s Revises AFG to Negative

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...

Moody’s May Lower Zurich’s Ratings

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...

Moody’s Corp. Reports Non-Recurring Gain from Insurance Recovery

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,...

Moody’s May Cut St. Paul Cos. Ratings

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...

S&P, Moody’s Lower Trenwick Group’s Ratings

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...

Moody’s Revises AXA Group’s Debt Rating Outlook from Stable to Negative

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...

Moody’s Rates SAFECO Corp. Senior Debt Issue at ‘Baa1’

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...

Moody’s Puts Fortis Finance Ratings Under Review

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...

Disquieting Developments at Kemper/Lumbermens Mutual

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...

Disquieting Developments at Kemper/Lumbermens Mutual

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...

Willis NA’s Outlook Raised

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,...

Moody’s Affirms Cincinnati Financial Corp Ratings

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...

S&P, Moody’s Downgrade American Growers, Acceptance

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...

Moody’s Lowers Converium’s Ratings

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)...

MOODY’S EXPECTING MODEST LOSSES FOR P/C INSURERS’ INVESTMENT PORTFOLIOS

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,...

Moody’s Expecting Modest Losses for P/C Insurers’ Investment Portfolios

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,...

Atlantic Mutual Affirmed

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...

Moody’s Lowers R&SA Ratings

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...

S&P, Moody’s Lower Allianz Ratings

Oct 10 2002 // Both Standard & Poor’s and Moody’s Investors Service announced Wednesday that they have downgraded their ratings on Germany’s Allianz AG, Europe’s largest insurer. S&P also announced that...

Atlantic Mutual Ratings Affirmed

Oct 8 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 entities.The ratings reflect...