Australia’s Bushfires Could Surpass 2009’s Costly Season; Analysts, Insurers Comment January 10, 2020 By L.S. Howard Australia’s bushfire season has months to run and could easily surpass the most costly fire season, 2009’s Black Saturday fires...
Reinsurers Maintain Upward Pricing Momentum-But Will It Last? October 24, 2019 By L.S. Howard Positive pricing momentum—it’s the favorite phrase of many reinsurance executives, who are hoping that the momentum they’ve seen in 2019...
Companies in Polluting Industries Slow to Disclose Climate Change Risks: Moody’s October 22, 2019 By Nichola Groom U.S. and European companies in polluting industries rarely disclose the financial risks they face related to climate change even though...
M&A Deals Likely to Become More Challenging as Sellers Seek High Deal Values July 24, 2018 The current operating environment continues to prompt mergers & acquisitions (M&A) among insurers and reinsurers. However, the number of potential...
Moody’s Projects Stable Outlook for Global Insurance Brokers March 22, 2018 The 2018 outlook for insurance brokers is stable, reflecting good product demand, low capital requirements, significant variable costs, and healthy...
Island Nations, Such as Bahamas & Jamaica, at High Climate Change Risk: Moody’s December 5, 2017 By Colin Simpson The Bahamas, Fiji, Jamaica and the Maldives have been identified as among the most vulnerable small island sovereigns in a...
City of Hartford’s Rating Sinks Deeper Into Junk; Agencies Cite Possible Default September 27, 2017 By Hilary Russ Hartford, Connecticut’s cash-strapped capital city, suffered a fresh round of credit rating downgrades deeper into junk territory by two Wall...
Mexico Calculates Economic Cost of Quake; Insurance Covers Small Part of Losses September 27, 2017 By Christopher Sherman Mexican government officials are still tallying up the economic losses of the magnitude 7.1 earthquake that caused widespread damage in...
UK Faces ‘Substantial’ Risk of Failure of Brexit Talks, Moody’s Warns July 19, 2017 By Charlotte Ryan The risk that the UK will tumble out of the European Union in two years without a Brexit deal is...
In America’s Richest State, the Capital Flirts with Bankruptcy July 10, 2017 By Martin Z. Braun The hedge-fund enclave of Greenwich, on the Connecticut Gold Coast, is about 100 miles and a world away from the...