Pricing Is Only Bright Spot in ‘Anemic’ Earnings Picture for Reinsurers: Moody’s August 27, 2020 By Susanne Sclafane Even though investment returns rebounded from first-quarter levels during the second quarter of 2020, claims from COVID-19 created an “anemic...
Coronavirus Claims of Estimated €80B Are ‘Manageable’ for Europe’s Insurers: Moody’s July 17, 2020 The coronavirus outbreak has had an adverse, but manageable, impact on the European insurance sector, leading to a drop in...
Moody’s Acquisition Could Signal Shift in Pricing of Climate Risk: Viewpoint July 31, 2019 By Leonid Bershidsky, Bloomberg Opinion The acquisition of California-based Four Twenty Seven, Inc., by Moody’s Corporation could signify the beginning of a major shift in...
Insurer Innovation Comes Under the Rating Agency Microscope July 22, 2019 By Russ Banham Underway for some time now, the disruption of the insurance industry has moved into a new phase, following the announcement...
Moody’s, Israel’s Team8 to Offer Business Cyber Risk Benchmark for M&As, Insurance June 27, 2019 By Tova Cohen and Ari Rabinovitch Ratings agency Moody’s Corp. and Israeli cyber group Team8 launched on Thursday a joint venture to assess how vulnerable businesses...
Fired Moody’s Executive Wins Back Paris Job, Gets $1.8 Million Payout January 16, 2019 By Gaspard Sebag A Moody’s Corp. managing director fired for lashing out at a junior co-worker who criticized his team’s work won his...
Moody’s Says California Wildfire Losses Will Impact P/C Insurer, Reinsurer 4Q Earnings November 29, 2018 Moody’s has released estimates showing property/casualty insurers and reinsurers total insured losses at $10 billion $15 billion from the California...
California Wildfire Insured Losses at Billions of Dollars and Climbing November 12, 2018 An analysis by catastrophe modeler RMS shows 15 wildfires are burning more than 280,000 acres in California have collectively destroyed...
Critics Say Bond Rating Agencies Ignore Municipalities’ Climate Risk November 5, 2018 By Christopher Flavelle Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change...
Moody’s Forms Stockholm Subsidiary to Prepare for Brexit August 14, 2018 Credit ratings agency Moody’s is converting its Stockholm branch into a subsidiary as the sector faces regulatory pressure to have...