Latest Moodys Headlines
All the headlines from our Moodys Topic Page, ordered by recency.
S&P, Moody’s Give Assured Guaranty High Ratings
May 10 2004 // Both Standard & Poor’s Ratings Services and Moody’s Investors Service have assigned high ratings to Assured Guaranty and its subsidiaries, the international surety insurer, formed from the spin off of ACE...
Moody’s Lowers Travelers P/C Debt Ratings
Apr 1 2004 // Moody’s Investors Service announced that is has lowered the debt ratings of Travelers Property Casualty Corp., and those of its subsidiary Travelers Insurance Group Holdings Inc., by one notch. Senior debt was...
Moody’s Downgrades Lloyd’s Syndicate 1007; Revises Syndicate 2147 Outlook to Stable
Mar 15 2004 // Moody’s Investors Service announced that it has downgraded the A1 Insurance Financial Strength Rating (IFSR) of Lloyd’s syndicate 1007, SVB Syndicates Limited, to A2 and assigned a stable outlook. It also...
Moody’s Issues Upbeat Report on Lloyd’s
Mar 12 2004 // Moody’s Investors Service’s latest forecasts for the Lloyd’s of London insurance market indicate that Lloyd’s could record profits totaling around £6 billion ($10.8 billion) for the 2002 to 2004...
Moody’s Issues Report on Bermuda
Jan 13 2004 // Moody’s Investors Service has issued its annual report on Bermuda, discussing the island’s Aa1 foreign currency country ceilings, Aaa domestic currency rating, and stable outlook, which the rating agency...
Moody’s Affirms ING’s Debt Ratings
Jan 12 2004 // Moody’s Investors Service announced that it has affirmed the debt ratings of ING Groep N.V. (ING Group) and ING Verzekeringen N.V. (ING Insurance) at Aa3 for senior debt, A1 for subordinated debt, and Prime-1 for...
Moody’s Comments on Italian P/C Insurers Outlook and Ratings
Jan 9 2004 // A report from Moody’s Investors Service notes a stable rating outlook for Italy’s rated P/C insurers and a steady improvement in results since 2001. “The continued upturn for most of the seven rated...
Moody’s Affirms Everest Re Group Ratings
Jan 8 2004 // Moody’s Investors Service announced that it has assigned prospective ratings to the $975 million universal shelf registration of Everest Re Group, Ltd. (Everest Re Group) — prospective senior unsecured debt at...
Italy’s Parmalat Collapse Felt in U.S. – $1.6 Billion Says Moody’s
Dec 24 2003 // The fallout from the collapse of Parmalat, the Italian dairy and food-processing group, is spreading ever wider. With commentators and analysts now calling it “Europe’s Enron,” it will undoubtedly affect...
CNA Posts $1.8 Billion 3Q Loss, Cut By Moody’s
Nov 13 2003 // Chicago-based insurer CNA Financial Corp. reported a net loss for the third quarter of 2003 of $1.8 billion, or $7.94 per share, as compared with net income of $54 million, or 24 cents per share, for the same period in...
Moody’s: Wildfires Will Hurt Insurers’ Bottom Line
Nov 12 2003 // Moody’s Investors Service said in a statement that it does not expect its ratings or outlook on the U.S. personal lines insurance sector as a whole to be impacted solely by the recent spate of California...
Moody’s Sees “Positive Impact” from Proposed German Tax Reforms
Oct 31 2003 // Moody’s Investors Service has issued a bulletin stating that “Germany’s proposed decision to reform the taxation of German life & health insurers would have a significant and timely positive impact...
Moody’s Affirms R&SA Group Ratings; Lowers U.S. Subs to ‘Ba3’
Oct 24 2003 // Moody’s Investors Services announced that it has confirmed the insurance financial strength rating at Baa2 of the Royal & Sun Alliance Group and its European operations, but has downgraded the ratings of Royal...
Moody’s Confirms XL’s Ratings, Changes Outlook to Negative
Oct 22 2003 // Moody’s Investors Service announced that it has confirmed the ratings of XL Capital “(A1 senior unsecured debt) and supported debt-issuing affiliates, as well as the Aa2 insurance financial strength ratings of...
AIG Subs Affirmed, Outlook Neg
Oct 20 2003 // Moody’s Investors Service confirmed the “Aaa” insurance financial strength (IFS) ratings of the eight rated members of AIG’s U.S. commercial insurance group (Domestic Brokerage Group, or DBG)....
Outlook Stable for Markel
Oct 6 2003 // Moody’s Investors Service affirmed Glen Allen, Va.-based Markel Corp.’s “Baa3” senior debt rating and “A3” insurance financial strength ratings at its U.S. insurance entities. The...
S&P, Moody’s Bullish on Lloyd’s
Sep 25 2003 // Standard & Poor’s and Moody’s Investors’ Service both issued favorable comments yesterday on the current prospects at Lloyd’s. The announcements followed a number of first half reports from...
Moody’s Cuts Kemper to ‘Caa3,’ Withdraws Ratings
Jun 27 2003 // Moody’s Investors Service has downgraded the insurance financial strength ratings of members of the Kemper Insurance Cos. inter-company pool “Caa3” from “B3.” In the same action, Moody’s...
Moody’s assigns ‘A3’ Rating to Montpelier Re
Jun 18 2003 // Moody’s Investors Service has assigned an A3 (“Good”) insurance financial strength rating to Montpelier Reinsurance Ltd., the Bermuda-based property catastrophe and specialty property reinsurance company,...
Moody’s Affirms Winterthur Insurance Ratings
Jun 16 2003 // Moody’s Investors Service has affirmed its A1 insurance financial strength and A2 senior debt ratings on the Winterthur Insurance Group (A1 insurance financial strength at Winterthur Swiss Insurance Company, A2 debt...
