Latest Moodys Headlines
All the headlines from our Moodys Topic Page, ordered by recency.
Re/Insurers to Feel Coronavirus Impact From Financial Market Volatility: Moody’s
Mar 2 2020 // Global insurers and reinsurers are exposed to the coronavirus outbreak directly through a potential spike in claims, and indirectly through the impact on economic growth and the resultant financial market volatility,...
Australia’s Bushfires Could Surpass 2009’s Costly Season; Analysts, Insurers Comment
Jan 10 2020 // Australia’s bushfire season has months to run and could easily surpass the most costly fire season, 2009’s Black Saturday fires in Victoria, which had a price tag of an estimated A$4.4 billion (US$3 billion),...
Moody’s Sees Low Interest Rates Hurting French P/C Insurers’ Profits in 2020
Dec 12 2019 // The 2020 outlook for the French insurance sector is negative, reflecting growing pressures on the property/casualty insurers’ profitability from low interest rates, Moody’s Investors Service said in a report....
Moody’s Upgrades AmWINS Ratings
Oct 28 2019 // Moody’s Investors Service has upgraded the corporate family rating of wholesale broker AmWINS Group Inc. to B1 from B2 based on the company’s strong credit metrics, including a reduction in financial leverage...
Companies in Polluting Industries Slow to Disclose Climate Change Risks: Moody’s
Oct 22 2019 // U.S. and European companies in polluting industries rarely disclose the financial risks they face related to climate change even though a global task force called on them to do so two years ago, Moody’s Investors...
Moody’s Acquisition Could Signal Shift in Pricing of Climate Risk: Viewpoint
Jul 31 2019 // The acquisition of California-based Four Twenty Seven, Inc., by Moody’s Corporation could signify the beginning of a major shift in how markets price risks related to climate change. Up until now, these risks largely...
Moody’s, Israel’s Team8 to Offer Business Cyber Risk Benchmark for M&As, Insurance
Jun 27 2019 // Ratings agency Moody’s Corp. and Israeli cyber group Team8 launched on Thursday a joint venture to assess how vulnerable businesses are to cyber attacks and create what they hope will become a global benchmark. Cyber...
Fired Moody’s Executive Wins Back Paris Job, Gets $1.8 Million Payout
Jan 16 2019 // A Moody’s Corp. managing director fired for lashing out at a junior co-worker who criticized his team’s work won his Paris job back and a 1.6 million-euro ($1.8 million) payout. Moody’s France fired the...
Moody’s Says California Wildfire Losses Will Impact P/C Insurer, Reinsurer 4Q Earnings
Nov 29 2018 // Moody’s has released estimates showing property/casualty insurers and reinsurers total insured losses at $10 billion $15 billion from the California wildfires, which destroyed more than 20,000 residential and...
Critics Say Bond Rating Agencies Ignore Municipalities’ Climate Risk
Nov 5 2018 // Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change — or face higher borrowing costs on the $3.9 trillion municipal bond market. Climate...
What’s Happening and What Lies Ahead for P/C Insurance Pricing: Moody’s
Oct 30 2018 // The current pricing environment for property/casualty insurers is “modestly positive,” with commercial and personal auto rates rising by mid-to-high single digits, homeowners and commercial property rates...
How U.S. P/C Commercial Insurers Will Fare Through 2019: Moody’s Investors Service
Sep 17 2018 // The outlook for the U.S. property/casualty commercial insurance sector for the next 12 to 18 months remains stable given healthy core earnings and sound balance sheets in the view of analysts at Moody’s Investors...
How U.S. P/C Commercial Insurers Will Fare Through 2019: Moody’s
Sep 10 2018 // The outlook for the U.S. property/casualty commercial insurance sector for the next 12 to 18 months remains stable given healthy core earnings and sound balance sheets in the view of analysts at Moody’s Investors...
Moody’s Forms Stockholm Subsidiary to Prepare for Brexit
Aug 14 2018 // Credit ratings agency Moody’s is converting its Stockholm branch into a subsidiary as the sector faces regulatory pressure to have enough staff in the European Union post Brexit. Moody’s, one of the “Big...
Carr Fire Losses May Reach $1.5B in Likely Another Destructive Season for California
Aug 2 2018 // California’s Carr wildfire has the potential to yield losses of up to $1.5 billion, according to a Moody’s report issued on Thursday. The fire has ravaged parts of Shasta County in or near Redding in the...
M&A Deals Likely to Become More Challenging as Sellers Seek High Deal Values
Jul 24 2018 // The current operating environment continues to prompt mergers & acquisitions (M&A) among insurers and reinsurers. However, the number of potential M&A candidates has declined and sellers’ expectations of...
Moody’s Offers Software for Insurers Preparing for Reporting Standards IFRS 17
Apr 10 2018 // Moody’s Analytics has launched RiskIntegrity™ IFRS 17, a cloud-ready solution designed to help insurers report under International Financial Reporting Standard (IFRS) 17, the new standard governing insurance...
U.S. Launches Investigation into Fatal Tesla Crash in California
Mar 28 2018 // A fatal crash and vehicle fire of a Tesla Inc Model X near Mountain View, Calif., last week has prompted a federal field investigation, the U.S. National Transportation Safety Board said, sparking a big selloff in Tesla...
Moody’s Projects Stable Outlook for Global Insurance Brokers
Mar 22 2018 // The 2018 outlook for insurance brokers is stable, reflecting good product demand, low capital requirements, significant variable costs, and healthy EBITDA margins and cash flows, which will continue to attract investors,...
Tax Law Will Benefit U.S. P/C Insurers, Says Moody’s
Mar 7 2018 // The impact of the new U.S. tax law is credit positive for U.S.-based insurance companies, which will boost profitability for many of these firms, particularly those that have been paying high effective tax rates. The Trump...
