Latest Moodys Headlines
All the headlines from our Moodys Topic Page, ordered by recency.
MOODY’S EXPECTING MODEST LOSSES FOR P/C INSURERS’ INVESTMENT PORTFOLIOS
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,...
Moody’s Expecting Modest Losses for P/C Insurers’ Investment Portfolios
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,...
Atlantic Mutual Affirmed
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...
Moody’s Lowers R&SA Ratings
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...
S&P, Moody’s Lower Allianz Ratings
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...
Atlantic Mutual Ratings Affirmed
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...
Moody’s Estimates Lloyd’s Losses at £5 Billion for 2000/2001
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...
Moody’s Downgrades Munich Re’s Ratings to ‘Aa1’
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...
Moody’s Downgrades Fremont General’s Senior Debt Rating
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...
Moody’s Places R&SA on Review for Possible Downgrade
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...
NYSID Approves Moody’s Captive
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...
Moody’s Report Discusses Effect of Decreasing Number of Lloyd’s Syndicates
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...
Lloyd’s Reacts to Moody’s Downgrade of 5 Syndicates
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...
Moody’s Downgrades Alleghany Lloyd’s Syndicate
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...
XL Subs Receive Aa2 Ratings from Moody’s
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....
Moody’s: Losses Loom for Lloyd’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...
Moody’s Issues Report On Bermuda
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...
Moody’s Awards First FSR Rating To Lloyd’s Syndicate Managed by ACE
Aug 24 2000 // Moody’s Investors Service awarded Syndicate 2488, managed by ACE Global Markets, a Financial Strength Rating (FSR) of Aa2 (Excellent). This marks the first time that a Lloyd’s syndicate has been rated and...
Moody’s Increases Estimates of Lloyd’s Losses
Aug 22 2000 // Moody’s Investors Service issued a new statement on Monday which forecast increased losses at Lloyd’s of as much as £3 billion ($4.5 billion) for the last three years. Moody’s previous loss estimates,...
Moody’s Revises Rating Outlook For Swiss Re
Jun 29 2000 // Catastrophes and intense competition can effect even the largest companies. Moody’s Investors Service provided graphic proof of this on Wednesday when it announced that it had changed its rating outlook on Swiss Re...
