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...
Costly Alberta Wildfires to Hit Q2 Results; Insurers Are Resilient: Ratings Reports May 9, 2016 By L.S. Howard While the wildfires raging through northern Alberta and the city of Fort McMurray could bring one of the largest catastrophe...
‘Brexit’ May Threaten UK Shipping, Marine Insurance Sectors April 6, 2016 By Jonathan Saul If Britain votes to leave the European Union, the country’s shipping sector faces years of disruption as trade agreements get...
Europe’s Insurers Turn to Risky Property Investments, in Hunt for Better Returns March 3, 2016 By Carolyn Cohn and John O'Donnell Traditionally conservative European insurers and pension funds are turning increasingly to risky property bets on everything from new homes in...
Cyber Attacks on Private Sector a Growing Corporate Credit Risk: Moody’s November 25, 2015 By Dustin Volz Cyber attacks on the private sector are an increasingly important risk in corporate credit analysis, U.S. ratings agency Moody’s Investors...
Fairfax Financial to Benefit From its Acquisition of Brit plc: Moody’s Report February 27, 2015 The proposed acquisition of Brit plc by Fairfax Financial Holdings is “credit positive” for Fairfax, according to Moody’s, which noted...