Latest Moodys Headlines
All the headlines from our Moodys Topic Page, ordered by recency.
Moody’s Rates SAFECO Corp. Senior Debt Issue at ‘Baa1’
Jan 29 2003 // Moody’s Investors Service has assigned Baa1 ratings to two issues of senior unsecured debt of SAFECO Corporation and has affirmed the company’s ratings with a stable outlook. Moody’s assigned its Baa1...
Moody’s Puts Fortis Finance Ratings Under Review
Jan 29 2003 // Moody’s Investors Service announced that it has placed the guaranteed Aa3 senior and A1 subordinated and junior subordinated debt ratings of Belgian-Dutch financial services group Fortis Finance N.V. “on review...
Disquieting Developments at Kemper/Lumbermens Mutual
Jan 27 2003 // Even being in business for over 90 years doesn’t seem to assure financial stability these days. 2002 was not a good year for the Chicago-based Kemper Group, headed by Lumbermens Mutual Casualty Company, a leading...
Disquieting Developments at Kemper/Lumbermens Mutual
Jan 27 2003 // Even being in business for over 90 years doesn’t seem to assure financial stability these days. 2002 was not a good year for the Chicago-based Kemper Group, headed by Lumbermens Mutual Casualty Company, a leading...
Willis NA’s Outlook Raised
Jan 13 2003 // Moody’s Investors Service revised its outlook on the debt ratings of Willis NorthAmerica Inc., a subsidiary of Willis Group Holdings. to positive from stable. The rating agency commented that improved earnings,...
Moody’s Affirms Cincinnati Financial Corp Ratings
Nov 27 2002 // Moody’s Investors Service has affirmed Cincinnati Financial Corporation’s (CINF) A2 senior debt rating and its Aa3 insurance financial strength rating of the company’s property & casualty...
S&P, Moody’s Downgrade American Growers, Acceptance
Nov 27 2002 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on American Growers Insurance Co. (AGIC) to ‘R’ from ‘CC’, and...
Moody’s Lowers Converium’s Ratings
Nov 26 2002 // Moody’s Investors Service announced that it has downgraded to A2, from A1, the insurance financial strength rating (IFSR) of Converium AG and its U.S. and German subsidiaries-Converium Reinsurance (North America)...
MOODY’S EXPECTING MODEST LOSSES FOR P/C INSURERS’ INVESTMENT PORTFOLIOS
Nov 25 2002 // Moody’s reports that further decline is likely for many U.S. P/C insurers’ investment portfolios because of credit losses resulting from exposure to troubled companies. However, in the newly released report,...
Moody’s Expecting Modest Losses for P/C Insurers’ Investment Portfolios
Nov 1 2002 // Moody’s reports that further decline is likely for many U.S. P/C insurers’ investment portfolios because of credit losses resulting from exposure to troubled companies. However, in the newly released report,...
Atlantic Mutual Affirmed
Oct 28 2002 // Moody’s Investors Service affirmed the “Ba1” rating of Atlantic Mutual’s Insurance Company’s surplus notes, as well as the “Baa1” financial strength rating of its pooled insurance...
Moody’s Lowers R&SA Ratings
Oct 11 2002 // Moody’s Investors Service announced that it has downgraded its financial strength ratings on the U.K.’s Royal & Sun Alliance by two levels from ‘A1’ to ‘A3’ and its commercial paper...
S&P, Moody’s Lower Allianz Ratings
Oct 10 2002 // Both Standard & Poor’s and Moody’s Investors Service announced Wednesday that they have downgraded their ratings on Germany’s Allianz AG, Europe’s largest insurer. S&P also announced that...
Atlantic Mutual Ratings Affirmed
Oct 8 2002 // Moody’s Investors Service affirmed the Ba1 rating of Atlantic Mutual’s Insurance Company’s surplus notes, as well as the Baa1 financial strength rating of its pooled insurance entities. The ratings...
Moody’s Estimates Lloyd’s Losses at £5 Billion for 2000/2001
Oct 1 2002 // Moody’s Investors Service’s latest forecasts for the Lloyd’s Market indicate it will lose around £5 billion ($7.8 billion) for the 2000 and 2001 years of account. According to the report, the loss...
Moody’s Downgrades Munich Re’s Ratings to ‘Aa1’
Sep 20 2002 // Moody’s Investors Service announced that has downgraded Munich Re’s insurance financial strength rating from the highest possible ‘Aaa’ to its next highest category ‘Aa1’ due to the...
Moody’s Downgrades Fremont General’s Senior Debt Rating
Sep 3 2002 // Moody’s Investors Service downgraded the senior debt ratings of Fremont General Corporation to Caa1 from B2. Moody’s also downgraded the company’s subordinated debt ratings to Caa3 from B3 and the...
Moody’s Places R&SA on Review for Possible Downgrade
Aug 19 2002 // Moody’s Investors Service announced that it has “placed the ratings of the Royal & Sun Alliance Insurance Group under review for possible downgrade.” R&SA has been selling off a number of assets...
NYSID Approves Moody’s Captive
Jun 19 2002 // Moody’s Corp., which is best known for its investors service, has won approval from the New York State Insurance Department to establish a captive insurer in the state, Moody’s Assurance Company Inc. The...
Moody’s Report Discusses Effect of Decreasing Number of Lloyd’s Syndicates
Mar 28 2002 // A report by Moody’s Investors Service discusses the long term effects of the dwindling number of Lloyd’s syndicates, and concludes that, although the trend marks a decline in Lloyd’s market share, it will...
