Latest Moodys Headlines
All the headlines from our Moodys Topic Page, ordered by recency.
Markets/Coverages: AXIS Cyber and Liability Policy for SMBs; Moody’s ESG Underwriting Solution; CyberCube, AkinovA Partner on Cyber Analysis
Sep 8 2022 // AXIS Launches Streamlined Cyber and Liability Policy for Small and Mid-Sized Businesses AXIS Capital Holdings Limited said it launched an insurance policy that offers custom-built cyber and specialist liability coverage...
People Moves: Moody’s, RMS Names Hare Managing Director of APAC; Catalina Hires Diaz-Matos as Chief Commercial Officer and Chief Legal Officer
Aug 19 2022 // This edition of International People Moves details appointments at RMS and and Catalina. A summary of these new hires follows here. Moody’s, RMS Appoints Hare MD of APAC Andrew Hare has been appointed managing...
Home, Commercial Rate Hikes Not Enough to Offset Construction Costs: Moody’s
May 19 2022 // To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial property insurers will continue to gradually increase rates, said Moody’s...
Tesla, Other Car Makers Have Edge Over Incumbent Auto Insurers: Moody’s
Apr 4 2022 // Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact on the insurance market today, Moody’s Investors Services said. In a report titled,...
Moody’s ESG Notes ‘Death and Destruction’ from Climate Change
Mar 17 2022 // A new report from Moody’s ESG Solutions drives home the point that climate change is here and now, and it is already causing death and destruction. The report from Natalie Ambrosio Preudhomme, assistant vice...
Tesla, Other Car Makers Have Edge Over Incumbent Auto Insurers: Moody’s
Mar 10 2022 // Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact on the insurance market today, Moody’s Investors Services said. In a report titled,...
Russia’s Invasion of Ukraine to Spur More Claims Inflation: Moody’s
Mar 10 2022 // Although insurance penetration in Ukraine and Russia is low, global insurers will face secondary impacts from greater financial market volatility and higher energy prices, Moody’s Investors Services said last...
Reuters Special Report: J&J’s Secret Plan to Limit Payouts to Cancer Claimants
Feb 7 2022 // Johnson & Johnson created a plan last year to limit the financial bleeding from billions of dollars in jury awards to plaintiffs who alleged the company’s Baby Powder and other talc products caused deadly...
Moody’s Analytics Launches Asset-Liability Management Tool for Insurance Investment
Nov 29 2021 // Moody’s Analytics has launched an asset-liability management (ALM) solution for insurance companies called of RiskIntegrity™ Investment Insight. The new tool combines data and modeling capabilities from across...
Moody’s Closes on Acquisition of Risk Modeler RMS for $2 Billion
Sep 16 2021 // Moody’s Corp. reported that it has completed its acquisition of RMS, the climate and natural disaster risk modeling and analytics firm. In the transaction, originally announced on August 5, 2021. Moody’s paid...
Moody’s: Ida’s Impact Likely to Be Greater on Regional Insurers, State’s LA Citizens
Aug 31 2021 // While large, national property/casualty insurers with leading market shares in both the residential and commercial property markets in Louisiana will be exposed to losses resulting from Hurricane Ida, which hit the state...
Europe Reinsurers’ H1 Profits Climb on Lower COVID Claims, Hardening Prices: Moody’s
Aug 19 2021 // The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits in the first half of 2021, compared with the same period in 2020 — as a result of lower...
Ratings Firm Moody’s to Acquire Catastrophe Modeler, Analytics Firm RMS for $2 Billion
Aug 5 2021 // Moody’s Corp. has agreed to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for approximately $2.0 billion (1.425 billion pounds) from Britain’s Daily Mail and...
Europe’s Insurers Expect Robust M&A Activity and Strong Earnings in 2021: Moody’s
Jun 22 2021 // Europe’s insurance industry is emerging from the coronavirus crisis with a stronger appetite for mergers and acquisitions (M&A), along with expectations for strong earnings growth in 2021, according to...
Winter Storm Uri to Generate Billions in Insured Losses: Moody’s
Feb 18 2021 // The massive winter storm that barreled through the mid-section of the United States and across the South in mid-February, hitting Texas particularly hard, will generate billions in insured losses, according to commentary...
Personal Lines Insurance Market Outlook as Stable: AM Best, Moody’s
Jan 25 2021 // AM Best kept its stable market segment outlook on the U.S. personal lines insurance segment for 2021, citing the segment’s strong risk-adjusted capitalization and profitable underwriting performance in private...
AM Best, Moody’s Rate Personal Lines Insurance Market Outlook as Stable
Jan 19 2021 // AM Best kept its stable market segment outlook on the U.S. personal lines insurance segment for 2021, citing the segment’s strong risk-adjusted capitalization and profitable underwriting performance in private...
Pace of Broker Acquisitions Picks Up in 2nd Half, After COVID-Linked Lull in Q2
Nov 19 2020 // Insurance brokers have stepped up their acquisition pace in the second half of 2020 after a pause in the second quarter related to the coronavirus and the steep economic decline, according to a report published by...
AIG’s Plan to Divest Life & Retirement Business Could Prompt Ratings Downgrades
Nov 2 2020 // American International Group’s plan to downsize by divesting its Life & Retirement (L&R) business is drawing cautious and wary reactions from rating agencies that follow the property/casualty insurance...
Insurer Impact from Sally Expected to be Moderate; Losses Estimated at $1B to $3B
Oct 5 2020 // Insured losses from Hurricane Sally could reach as much as $3 billion, according to catastrophe modelers, but ratings agency Moody’s expects a moderate impact on property and casualty insurers and...
