Latest Moodys Headlines

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

Moody’s, Israel’s Team8 to Offer Business Cyber Risk Benchmark for M&As, Insurance

Jun 27 2019 // Ratings agency Moody’s Corp. and Israeli cyber group Team8 launched on Thursday a joint venture to assess how vulnerable businesses are to cyber attacks and create what they hope will become a global benchmark.Cyber...

Fired Moody’s Executive Wins Back Paris Job, Gets $1.8 Million Payout

Jan 16 2019 // A Moody’s Corp. managing director fired for lashing out at a junior co-worker who criticized his team’s work won his Paris job back and a 1.6 million-euro ($1.8 million) payout.Moody’s France fired the...

Moody’s Says California Wildfire Losses Will Impact P/C Insurer, Reinsurer 4Q Earnings

Nov 29 2018 // Moody’s has released estimates showing property/casualty insurers and reinsurers total insured losses at $10 billion $15 billion from the California wildfires, which destroyed more than 20,000 residential and...

Critics Say Bond Rating Agencies Ignore Municipalities’ Climate Risk

Nov 5 2018 // Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change — or face higher borrowing costs on the $3.9 trillion municipal bond market. Climate...

What’s Happening and What Lies Ahead for P/C Insurance Pricing: Moody’s

Oct 30 2018 // The current pricing environment for property/casualty insurers is “modestly positive,” with commercial and personal auto rates rising by mid-to-high single digits, homeowners and commercial property rates...

How U.S. P/C Commercial Insurers Will Fare Through 2019: Moody’s Investors Service

Sep 17 2018 // The outlook for the U.S. property/casualty commercial insurance sector for the next 12 to 18 months remains stable given healthy core earnings and sound balance sheets in the view of analysts at Moody’s Investors...

How U.S. P/C Commercial Insurers Will Fare Through 2019: Moody’s

Sep 10 2018 // The outlook for the U.S. property/casualty commercial insurance sector for the next 12 to 18 months remains stable given healthy core earnings and sound balance sheets in the view of analysts at Moody’s Investors...

Moody’s Forms Stockholm Subsidiary to Prepare for Brexit

Aug 14 2018 // Credit ratings agency Moody’s is converting its Stockholm branch into a subsidiary as the sector faces regulatory pressure to have enough staff in the European Union post Brexit.Moody’s, one of the “Big...

Carr Fire Losses May Reach $1.5B in Likely Another Destructive Season for California

Aug 2 2018 // California’s Carr wildfire has the potential to yield losses of up to $1.5 billion, according to a Moody’s report issued on Thursday.The fire has ravaged parts of Shasta County in or near Redding in the...

M&A Deals Likely to Become More Challenging as Sellers Seek High Deal Values

Jul 24 2018 // The current operating environment continues to prompt mergers & acquisitions (M&A) among insurers and reinsurers. However, the number of potential M&A candidates has declined and sellers’ expectations of...

Moody’s Offers Software for Insurers Preparing for Reporting Standards IFRS 17

Apr 10 2018 // Moody’s Analytics has launched RiskIntegrity™ IFRS 17, a cloud-ready solution designed to help insurers report under International Financial Reporting Standard (IFRS) 17, the new standard governing insurance...

U.S. Launches Investigation into Fatal Tesla Crash in California

Mar 28 2018 // A fatal crash and vehicle fire of a Tesla Inc Model X near Mountain View, Calif., last week has prompted a federal field investigation, the U.S. National Transportation Safety Board said, sparking a big selloff in Tesla...

Moody’s Projects Stable Outlook for Global Insurance Brokers

Mar 22 2018 // The 2018 outlook for insurance brokers is stable, reflecting good product demand, low capital requirements, significant variable costs, and healthy EBITDA margins and cash flows, which will continue to attract investors,...

Tax Law Will Benefit U.S. P/C Insurers, Says Moody’s

Mar 7 2018 // The impact of the new U.S. tax law is credit positive for U.S.-based insurance companies, which will boost profitability for many of these firms, particularly those that have been paying high effective tax rates.The Trump...

What They Are Saying About Effects of Trump Tax Cuts on Insurance Industry

Dec 22 2017 // Congress has passed and President Donald Trump has signed the Tax Cuts and Jobs Act (HR1) into law. It is the biggest tax change in 30 years.Under the legislation, insurers, agencies and other businesses organized as C...

Island Nations, Such as Bahamas & Jamaica, at High Climate Change Risk: Moody’s

Dec 5 2017 // The Bahamas, Fiji, Jamaica and the Maldives have been identified as among the most vulnerable small island sovereigns in a report on the credit implications of climate change. The Solomon Islands and St. Vincent and the...

California Wildfires Threaten Significant Losses for P/C Insurers, Moody’s Says

Oct 16 2017 // Moody’s released a report on Monday assessing the impact of the wildfires in California on property/casualty insurers.“Based on history and the number of structures damaged, insured losses will run into the...

UK Faces ‘Substantial’ Risk of Failure of Brexit Talks, Moody’s Warns

Jul 19 2017 // The risk that the UK will tumble out of the European Union in two years without a Brexit deal is “substantial,” Moody’s Investors Service said.Such an outcome would affect everything from banks to buses...

Rising Seas May Wipe Out Jersey Towns and Millions in AAA Bonds

May 26 2017 // Few parts of the U.S. are as exposed to the threats from climate change as Ocean County, New Jersey.It was here in Seaside Heights that Hurricane Sandy flooded an oceanfront amusement park, leaving an inundated roller...

Whistleblower Loses Out on $864M Moody’s Ratings Settlement

Mar 3 2017 // A federal judge on Thursday dismissed a whistleblower lawsuit by a former Moody’s Investors Service managing director and said he deserves none of the $863.8 million that Moody’s agreed to pay to settle claims...