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...
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...
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...
Growth of China’s Shadow Banking Hikes Financial Risks for Banks, Insurers: Moody’s July 27, 2016 Shadow banking activity in China has expanded further and now accounts for nearly a third of the total banking sector...
A.M. Best’s ‘A-‘ Rating Not as Good as It Seems: Fitch July 14, 2016 Fitch Ratings this week warned that users of insurance ratings from four large credit rating agencies (CRAs) fail to understand...
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...
S&P and Fitch Chop Britain’s ‘AAA’ Rating After Brexit Vote June 28, 2016 By Andy Bruce Britain suffered further blows to its economic standing on Monday as two top ratings agencies downgraded its sovereign credit score,...
Britain’s Vote to Leave EU Hikes Concerns over UK Insurers’ Capital Strength June 28, 2016 By Carolyn Cohn Market falls triggered by Britain’s vote to leave the European Union will hit British insurers’ capital, raising concerns over their...
Alberta Wildfires Could Cost $7B with Minimal Insurer Credit Hit: Ratings Agencies May 17, 2016 By L.S. Howard The Fort McMurray wildfires, which have been raging through northern Alberta, Canada since May 1, are likely to be the...