Rising Seas May Wipe Out Jersey Towns and Millions in AAA Bonds May 26, 2017 By Christopher Flavelle Few parts of the U.S. are as exposed to the threats from climate change as Ocean County, New Jersey. It...
Mexico Auto Thefts Surge in Ominous Trend for Insurers May 3, 2017 By Isabella Cota Auto-theft rates in Mexico are rising at the fastest pace ever, and authorities are getting worse at tracking down the...
Fosun Plans to Sell as Much as $6 Billion in Assets to Raise Credit Rating August 1, 2016 Fosun Group, one of China’s most acquisitive conglomerates, is preparing to sell as much as 40 billion yuan ($6 billion)...
Europe Insurers’ Stress Tests Could Lead to Higher Capital Requirements July 13, 2016 By Jan-Henrik Förster and Oliver Suess European insurers, whose profits are being eroded by Mario Draghi’s* quantitative easing program, face a stress test headache that risks...
Self-Driving Cars to Create Long Term Challenges for Auto Insurers: Moody’s March 29, 2016 Accident avoidance features in vehicles, such as automatic braking, adaptive cruise control, and lane departure prevention, are becoming more prevalent...
Korean Regulators: Insurers Must Boost Capital to Prepare for Aging Population October 30, 2014 By Kyungji Cho South Korea’s insurers have been told by regulators to boost capital to prepare for an aging population, with the United...
China Insurers Face Shadow Banking Default Risk: Ratings Agencies October 29, 2014 By Justina Lee A doubling in the trust holdings of China’s insurers has prompted ratings companies to warn the industry may be taking...
Surplus Lines Rate Hikes to Slow As Competition Grows September 23, 2014 By Mark Hollmer Two insurance rating entities see slowing rate increases for the surplus lines segment in the coming months as competition grows....
Why Marsh Is Rated Higher Than Aon: Moody’s May 19, 2014 Insurance broker Marsh & McLennan Companies Inc. (MMC) carries lower financial leverage than peer Aon plc, resulting in a one-notch...
Moody’s Downgrades CGSC Corporate Family Rating; CEO Responds November 5, 2013 Moody’s Investors Service announced that it has downgraded the corporate family rating of Cooper Gay Swett & Crawford Ltd. (CGSC)...