All the headlines from our Moodys Topic Page, ordered by recency.
Apr 9 2014 // European insurers such as Allianz SE and Axa SA are shifting investments into the loan market, taking business from banks that are being forced to increase capital and meet tougher regulations, Moody’s Investors...
Nov 13 2013 // Credit ratings organisations from five countries are launching a new global agency, touting it as an alternative to the Big Three agencies which they say no longer meet the needs of the new globalised world.In a statement...
Nov 5 2013 // Moody’s Investors Service announced that it has downgraded the corporate family rating of Cooper Gay Swett & Crawford Ltd. (CGSC) to B3 from B2 “based on challenges in certain international operations,...
Oct 23 2013 // North Carolina-based wholesale brokerage AmWINS Group Inc. is seeking a $175 million add-on term loan for an acquisition.The insurance broker owned by private-equity firm New Mountain Capital LLC may pay interest at 3.75...
Oct 7 2013 // The new Shanghai free trade zone should benefit property/casualty insurers, particularly those in marine/cargo and liability insurance, according to Moody’s Credit Outlook.On Sept. 29, the date that Shanghai’s...
Sep 26 2013 // U.S. property and casualty (P/C) insurers continue to release reserves to support earnings, said Moody’s Investors Service in two recent reports.U.S. P/C insurers released $9.0 billion of reserves during the first...
Sep 9 2013 // Moody’s expects property/casualty commercial insurance rate hikes to continue for the balance of the year, making 2013 the third straight full year of rising rates for commercial lines carriers, according to a...
Aug 27 2013 // Moody’s said it expects U.S. property/casualty (P/C) insurance rates to continue to rise during the remainder of 2013 for the major commercial lines, following significant rate increases for 2012.This increase would...
Jun 7 2013 // Standard & Poor’s and its parent company McGraw Hill Financial Inc. on Thursday won a ruling that moves 15 lawsuits in which they were accused of fraudulently inflating credit ratings to a single federal...
Apr 28 2013 // Moody’s Investors Service and Standard & Poor’s on Friday said they have settled two long-running lawsuits seeking to hold them responsible for misleading investors about the safety of risky debt vehicles...
Mar 13 2013 // Moody’s Investor’s Service reported that the property/casualty insurance industry’s capital growth outpaced premium growth last year, and that earnings for the year jumped nearly 50 percent over...
Feb 27 2013 // A.M. Best Europe – Rating Services Ltd. said it “does not anticipate any impact on its ratings of insurers operating in the UK as a direct consequence of the sovereign downgrade.” Best was referring to the...
Feb 8 2013 // The U.S. Justice Department and multiple states are discussing also suing Moody’s Corp. for defrauding investors, according to people familiar with the matter, but any such move will likely wait until a similar...
Feb 4 2013 // Standard & Poor’s said it expects to be the target of a U.S. Department of Justice civil lawsuit over its mortgage bond ratings, the first federal enforcement action against a credit rating agency over alleged...
Jan 29 2013 // Both the life and property/casualty (P/C) insurance industries will be challenged in 2013 by slow economic growth that dampens sales and by evolving regulatory frameworks, according to Moody’s Investors Service in...
Dec 27 2012 // Analysts at two rating agencies, Fitch and Moody’s, believe property/casualty insurers’ prior-year loss reserve takedowns will continue to outpace reserve additions in 2013.The analysts spoke about P/C industry...
Dec 4 2012 // Major credit rating agencies won a fresh legal victory on Monday when a federal appeals court rejected a lawsuit by Ohio pension funds that sought to recoup millions of dollars of losses on risky mortgage debt they said...
Oct 11 2012 // One of the nation’s top credit rating agencies will review dozens of California cities for possible credit downgrades amid mounting concern over municipal bankruptcies and bond defaults.Moody’s Investors...
Oct 8 2012 // Poor results in the long-term care insurance sector have led many providers to exit the market, leaving its future uncertain, Moody’s Investors Service says.Moody’s report, “Long-Term Care Insurance:...
Sep 19 2012 // Poor results in the long-term care insurance sector have led many providers to exit the market, leaving its future uncertain, Moody’s Investors Service says in a new report.The report, “Long-Term Care...