Latest Moodys Headlines
All the headlines from our Moodys Topic Page, ordered by recency.
Moody’s Affirms R&SA Group Ratings; Lowers U.S. Subs to ‘Ba3’
Oct 24 2003 // Moody’s Investors Services announced that it has confirmed the insurance financial strength rating at Baa2 of the Royal & Sun Alliance Group and its European operations, but has downgraded the ratings of Royal...
Moody’s Confirms XL’s Ratings, Changes Outlook to Negative
Oct 22 2003 // Moody’s Investors Service announced that it has confirmed the ratings of XL Capital “(A1 senior unsecured debt) and supported debt-issuing affiliates, as well as the Aa2 insurance financial strength ratings of...
AIG Subs Affirmed, Outlook Neg
Oct 20 2003 // Moody’s Investors Service confirmed the “Aaa” insurance financial strength (IFS) ratings of the eight rated members of AIG’s U.S. commercial insurance group (Domestic Brokerage Group, or DBG)....
Outlook Stable for Markel
Oct 6 2003 // Moody’s Investors Service affirmed Glen Allen, Va.-based Markel Corp.’s “Baa3” senior debt rating and “A3” insurance financial strength ratings at its U.S. insurance entities. The...
S&P, Moody’s Bullish on Lloyd’s
Sep 25 2003 // Standard & Poor’s and Moody’s Investors’ Service both issued favorable comments yesterday on the current prospects at Lloyd’s. The announcements followed a number of first half reports from...
Moody’s Cuts Kemper to ‘Caa3,’ Withdraws Ratings
Jun 27 2003 // Moody’s Investors Service has downgraded the insurance financial strength ratings of members of the Kemper Insurance Cos. inter-company pool “Caa3” from “B3.” In the same action, Moody’s...
Moody’s assigns ‘A3’ Rating to Montpelier Re
Jun 18 2003 // Moody’s Investors Service has assigned an A3 (“Good”) insurance financial strength rating to Montpelier Reinsurance Ltd., the Bermuda-based property catastrophe and specialty property reinsurance company,...
Moody’s Affirms Winterthur Insurance Ratings
Jun 16 2003 // Moody’s Investors Service has affirmed its A1 insurance financial strength and A2 senior debt ratings on the Winterthur Insurance Group (A1 insurance financial strength at Winterthur Swiss Insurance Company, A2 debt...
Moody’s Raises Progressive’s Senior Unsecured Rating
Apr 25 2003 // Moody’s Investors Service has upgraded Mayfield Village, Ohio-based Progressive Corp.’s senior unsecured debt rating to “A1” from “A2.” In the same action, the rating agency upgraded the...
Moody’s Lowers Munich Re Rating to ‘Aa3’
Apr 7 2003 // Moody’s Investors Service announced that it has downgraded the financial strength ratings of Munich Reinsurance Company, Hamburg-Mannheimer Versicherungs AG, and Victoria Lebensversicherung AG to Aa3 from Aa1. It...
Industry Applauds Lloyd’s Return to Profitability
Apr 3 2003 // If it were a sports story, it would be something like the Anaheim Angels winning the World Series last year, so when an insurance company, in this case an insurance market, goes from losing almost $5 billion to making...
Hannover Re Responds to Downgrade by Moody’s
Mar 28 2003 // Germany’s Hannover Re has issued a statement commenting on the actions taken by Moody’s Investors Service this week in downgrading the reinsurer’s financial strength rating from “A2” to...
Moody’s Lowers AXA’s Debt Ratings
Mar 20 2003 // Moody’s Investors Service announced that it has lowered the debt ratings of France’s AXA group to A2 from A1 for senior debt, and to A3 from A2 for subordinated and junior subordinated debt, “reflecting a...
PMA Capital Reacts to Moody’s Ratings Moves
Mar 6 2003 // Philadelphia-based PMA Capital announced that Moody’s Investors Service issued a release stating that it has lowered the long-term debt ratings of PMA Capital Corporation (PMACC) to Ba1 from Baa3 and the insurance...
Moody’s Revises AFG to Negative
Mar 3 2003 // Moody’s Investors Service has confirmed the A3 insurance financial strength ratings of the property and casualty insurance subsidiaries of American Financial Group as well as its debt ratings (senior unsecured at...
Moody’s May Lower Zurich’s Ratings
Feb 28 2003 // Moody’s Investors Service announced that it has placed the ratings on Zurich Insurance Company [insurance financial strength rating of A1, senior debt rating of A2, subordinated debt rating of A3, and ZCM Matched...
Moody’s Corp. Reports Non-Recurring Gain from Insurance Recovery
Feb 25 2003 // Moody’s Corporation has received a $15.9 million insurance recovery for incremental costs incurred and lost profits related to the Sept. 11, 2001 tragedy. Combined with a $4 million advance payment received in 2002,...
Moody’s May Cut St. Paul Cos. Ratings
Feb 18 2003 // Moody’s Investors Service has placed the ratings of property-casualty insurer The St. Paul Cos. on review for possible downgrade. Included in the review are the insurance financial strength ratings of St. Paul Fire...
S&P, Moody’s Lower Trenwick Group’s Ratings
Feb 3 2003 // Both Standard & Poor’s Ratings Services and Moody’s Investors Service announced that they have lowered their ratings on the Bermuda-based Trenwick Group Ltd. and its subsidiaries, following the...
Moody’s Revises AXA Group’s Debt Rating Outlook from Stable to Negative
Jan 31 2003 // Moody’s Investors Service announced that it has changed its outlook to negative from stable on the A1 senior debt and A2 subordinated and junior subordinated debt ratings of France’s AXA group. Moody’s...
