All the headlines from our Moodys Topic Page, ordered by recency.
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...
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...
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...
Oct 1 2002 // Moody’s Investors Service’s latest forecasts for the Lloyd’s Market indicate it will lose around £5 billion ($7.8 billion) for the 2000 and 2001 years of account.According to the report, the loss...
Sep 20 2002 // Moody’s Investors Service announced that has downgraded Munich Re’s insurance financial strength rating from the highest possible ‘Aaa’ to its next highest category ‘Aa1’ due to the...
Sep 3 2002 // Moody’s Investors Service downgraded the senior debt ratings of Fremont General Corporation to Caa1 from B2. Moody’s also downgraded the company’s subordinated debt ratings to Caa3 from B3 and the...
Aug 19 2002 // Moody’s Investors Service announced that it has “placed the ratings of the Royal & Sun Alliance Insurance Group under review for possible downgrade.” R&SA has been selling off a number of assets...
Jun 19 2002 // Moody’s Corp., which is best known for its investors service, has won approval from the New York State Insurance Department to establish a captive insurer in the state, Moody’s Assurance Company Inc.The captive...
Mar 28 2002 // A report by Moody’s Investors Service discusses the long term effects of the dwindling number of Lloyd’s syndicates, and concludes that, although the trend marks a decline in Lloyd’s market share, it will...
Nov 1 2001 // Lloyd’s took issue with Moody’s Investors Service’s decision to downgrade five of its leading underwriting syndicates, and its implications that the provisions of its central fund, which is called upon to...
Oct 11 2001 // Moody’s Investors Service downgraded the performance rating of Alleghany Underwriting Ltd.’s Lloyd’s Syndicate 376 form “B-Average” to “C+-Below Average” and kept it under review...
Aug 31 2001 // XL Capital Ltd. announced that Moody’s Investors Services had given its coveted Aa2 rating to two XL subsidiaries, XL Insurance Ltd. and XL Re, in what it said was a first for Bermuda-based companies. XL’s U.S....
Mar 21 2001 // Moody’s Investors Service Ltd. is forecasting that Lloyd’s of London will report losses of $5.23 billion for the four years of 1998 and 2001. Under Lloyd’s three-year accounting system, the next results...
Nov 15 2000 // Moody’s Investors Service has issued its annual report on on Bermuda, reaffirming its “Aa1 rating for foreign currency country ceiling and its Aaa domestic debt credit rating.”The ratings, said...