Latest Moodys Headlines

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

Moody’s: California Utilities Reduced Liability Following Catastrophic Wildfires

Nov 10 2022 // A new report shows California utilities have noticeably reduced their liability following catastrophic wildfires in the past that have been blamed on the utilities and have driven several massive lawsuits and financial...

Moody’s: Environmental Considerations Increasingly Pressuring Issuers’ Credit Profiles

Nov 3 2022 // A Moody’s Investors Service Report shows that 16 sectors holding $4.3 trillion in rated debt are exposed to high or very high environmental credit risk.That’s more than twice as much as when the Paris Agreement...

Moody’s Cuts Fosun International’s Credit Rating Amid Concerns Over Asset Sales

Oct 26 2022 // Global credit rating agency Moody’s downgraded Fosun International Ltd. by one notch on Tuesday and revised its outlook to “negative” from “ratings under review” amid concerns over the...

Top U.S. Homeowners Insurers Minimally Exposed to Losses from Ian: Moody’s

Oct 12 2022 // A report from Moody’s Investors Service clearly paints Ian as a loss event for Florida-only home insurers since large, national insurers have significantly reduced exposure in the Sunshine State throughout the...

Hospitals, Utilities Face Highest Exposure to Risk of Cyber Attacks: Moody’s

Sep 30 2022 // Around $22 trillion of global debt rated by Moody’s has a “high” or “very high” exposure to the risk of cyber attack, the ratings agency said in a report on Thursday, with hospitals and...

Full-Year Commercial Lines Combined Ratio May Be Lowest in 15 Years: Moody’s

Sep 15 2022 // With commercial lines insurers expected to report the lowest full-year aggregate combined ratio in 15 years, together with double-digit direct premium growth, Moody’s Investors Service announced a stable outlook for...

Markets/Coverages: AXIS Cyber and Liability Policy for SMBs; Moody’s ESG Underwriting Solution; CyberCube, AkinovA Partner on Cyber Analysis

Sep 8 2022 // AXIS Launches Streamlined Cyber and Liability Policy for Small and Mid-Sized BusinessesThe new AXIS Cyber Technology and Miscellaneous Professional Liability (ACTM) policy aims to help businesses avoid potential gaps in...

People Moves: Moody’s, RMS Names Hare Managing Director of APAC; Catalina Hires Diaz-Matos as Chief Commercial Officer and Chief Legal Officer

Aug 19 2022 // This edition of International People Moves details appointments at RMS and and Catalina.A summary of these new hires follows here. Moody’s, RMS Appoints Hare MD of APACAndrew Hare has been appointed managing...

Home, Commercial Rate Hikes Not Enough to Offset Construction Costs: Moody’s

May 19 2022 // To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial property insurers will continue to gradually increase rates, said Moody’s...

Tesla, Other Car Makers Have Edge Over Incumbent Auto Insurers: Moody’s

Apr 4 2022 // Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact on the insurance market today, Moody’s Investors Services said.In a report titled,...

Moody’s ESG Notes ‘Death and Destruction’ from Climate Change

Mar 17 2022 // A new report from Moody’s ESG Solutions drives home the point that climate change is here and now, and it is already causing death and destruction.The report from Natalie Ambrosio Preudhomme, assistant vice...

Tesla, Other Car Makers Have Edge Over Incumbent Auto Insurers: Moody’s

Mar 10 2022 // Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact on the insurance market today, Moody’s Investors Services said.In a report titled,...

Russia’s Invasion of Ukraine to Spur More Claims Inflation: Moody’s

Mar 10 2022 // Although insurance penetration in Ukraine and Russia is low, global insurers will face secondary impacts from greater financial market volatility and higher energy prices, Moody’s Investors Services said last week.In...

Reuters Special Report: J&J’s Secret Plan to Limit Payouts to Cancer Claimants

Feb 7 2022 // Johnson & Johnson created a plan last year to limit the financial bleeding from billions of dollars in jury awards to plaintiffs who alleged the company’s Baby Powder and other talc products caused deadly...

Moody’s Analytics Launches Asset-Liability Management Tool for Insurance Investment

Nov 29 2021 // Moody’s Analytics has launched an asset-liability management (ALM) solution for insurance companies called of RiskIntegrity™ Investment Insight. The new tool combines data and modeling capabilities from across...

Moody’s Closes on Acquisition of Risk Modeler RMS for $2 Billion

Sep 16 2021 // Moody’s Corp. reported that it has completed its acquisition of RMS, the climate and natural disaster risk modeling and analytics firm.In the transaction, originally announced on August 5, 2021. Moody’s paid...

Moody’s: Ida’s Impact Likely to Be Greater on Regional Insurers, State’s LA Citizens

Aug 31 2021 // While large, national property/casualty insurers with leading market shares in both the residential and commercial property markets in Louisiana will be exposed to losses resulting from Hurricane Ida, which hit the state...

Europe Reinsurers’ H1 Profits Climb on Lower COVID Claims, Hardening Prices: Moody’s

Aug 19 2021 // The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits in the first half of 2021, compared with the same period in 2020 — as a result of lower...

Ratings Firm Moody’s to Acquire Catastrophe Modeler, Analytics Firm RMS for $2 Billion

Aug 5 2021 // Moody’s Corp. has agreed to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for approximately $2.0 billion (1.425 billion pounds) from Britain’s Daily Mail and...

Europe’s Insurers Expect Robust M&A Activity and Strong Earnings in 2021: Moody’s

Jun 22 2021 // Europe’s insurance industry is emerging from the coronavirus crisis with a stronger appetite for mergers and acquisitions (M&A), along with expectations for strong earnings growth in 2021, according to...