California Earthquake Authority Bond Issue a ‘First Step’ August 3, 2011 By Timothy F. Kirn Officials with the California Earthquake Authority said yesterday that their recent $150-million bond issue is just a first step in...
Moody’s Affirms California Earthquake Authority Bonds July 22, 2011 Moody’s Investors Service has affirmed the A3 rating on the California Earthquake Authority’s (“CEA”) 6.169% fixed rate Series 2006-B revenue...
EU Slams Rating Agencies after Portugal Downgrade July 7, 2011 By Gilbert Reilhac and Annika Breidthardt European politicians accused credit rating agencies on Wednesday of anti-European bias after Moody’s downgrade of Portugal’s debt to “junk” cast...
Insurers Seek Investment Alternatives as Interest Rates, Pricing Lag June 29, 2011 By Ben Berkowitz Insurers do not expect interest rates to rise materially in the next year or so, leading them to look for...
Five Japan Life Insurers Eye Unhedged Foreign Bonds; See Weaker Yen April 27, 2011 By Hideyuki Sano Five Japanese life insurers say they may buy more unhedged foreign bonds, believing that the yen is likely to weaken...