Latest Moodys Headlines
All the headlines from our Moodys Topic Page, ordered by recency.
P/C Insurers Better Positioned Than Life Firms for 2013: Moody’s
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...
P/C Insurers’ Loss Reserves Continue to Surprise Analysts
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...
Court Finds Rating Agencies Not Liable on Toxic Mortgages
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...
Moody’s Targets Calif. Cities For Downgrades
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...
Is Long-Term Care Insurance Dying?
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:...
Is Long-Term Care Insurance Dying?
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...
Lower Catastrophe Losses Boost P/C Insurers’ Earnings in Q2: Moody’s
Sep 10 2012 // U.S. property/casualty insurers reported significantly higher net income in the second quarter of 2012 relative to 2011, driven by lower catastrophe losses and increased growth in earned premiums, said Moody’s...
Moody’s Maintains Stable Outlook on Global Reinsurance Industry
Sep 5 2012 // Moody’s Investors Service has maintained a stable outlook for the global reinsurance industry. Moody’s said the outlook “expresses our expectations for the fundamental credit conditions in the industry...
Moody’s Changes EU Rating Outlook to Negative
Sep 4 2012 // Moody’s Investors Service has changed its outlook on the ‘Aaa’ rating of the European Union to negative, warning it might downgrade the bloc if it decides to cut the ratings on the EU’s four biggest...
Crop Insurers Could Face First Overall Loss in 10 Years: Moody’s
Aug 23 2012 // Record-setting droughts in the U.S. Midwest throughout 2012 are likely to result in substantial gross insured losses for crop insurers and reinsurers and possibly their first overall loss in 10 years, says Moody’s...
Lower Catastrophe Losses Boost P/C Insurers’ Earnings in Q2: Moody’s
Aug 21 2012 // U.S. property/casualty insurers reported significantly higher net income in the second quarter of 2012 relative to second-quarter 2011, driven by lower catastrophe losses and increased growth in earned premiums, says...
Moody’s Cuts Ratings of 15 Global Banks
Jun 22 2012 // Ratings agency Moody’s Investors Service downgraded 15 of the world’s biggest banks on Thursday, lowering credit ratings by one to three notches to reflect the risk of losses they face from volatile capital...
Ratings Agencies Respond to The Hartford’s Plan to Exit Life Insurance
Mar 21 2012 // In response to Hartford Financial Services Group Inc.’s planned exit from some of its life insurance business, Standard & Poor’s Rating Services said it is downgrading the subsidiaries previously aggregated...
Connecticut Urges Other States to Sue Credit Rating Agencies
Mar 8 2012 // Connecticut officials are encouraging other states to consider suing credit-rating agencies that gave high grades to risky mortgage-backed securities that plummeted in value when the housing market collapsed in...
Moody’s Must Face Whistleblower Analyst’s Retaliation Claim
Feb 29 2012 // Moody’s Investors Service was ordered to defend against a lawsuit by a whistleblowing former analyst who claimed it illegally retaliated against him for questioning its ratings practices for risky mortgage debt. A...
Moody’s Warns May Downgrade Global Banks, Cuts Ratings on Insurers
Feb 16 2012 // Moody’s warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global...
Moody’s Changes Debt Ratings of Insurance Brokers & Service Cos.
Feb 8 2012 // Moody’s Investors Service has changed various debt ratings of insurance brokers and service companies based on the application of its loss given default (LGD) framework to guide notching decisions for...
Ground Shifting for Medical Liability Insurers: Moody’s
Feb 6 2012 // Although it comprises just over 2 percent of annual direct premiums for the U.S. property/casualty insurance industry, the medical professional liability (MPL) insurance business is integral to the U.S. healthcare system,...
French P/C Insurers’ Outlook Now Stable: Moody’s
Jan 31 2012 // In a new industry outlook published today, Moody’s Investors Service says that it has changed the outlook for the French property and casualty (P/C) sector to stable from negative, reflecting insurers’ smooth...
Nationwide Calls Harleysville Deal ‘Fair and Compelling’
Jan 25 2012 // Nationwide is brushing off Liberty Mutual’s allegation that Nationwide’s pending acquisition of Harleysville Mutual would unfairly benefit subsidiary Harleysville Group’s stock shareholders at the expense...
