-
By Phil Gusman, PropertyCasualty360.com |
April 18, 2012
Moody’s Investors Service gave a thumbs up to mortgage insurer Radian Guaranty’s plan to enter into a quota-share-reinsurance agreement, but the ratings agency still downgraded Radian Group’s senior-debt rating due to constrained liquidity.
-
By Michael Stanley, Phil Gusman, PropertyCasualty360.com |
February 24, 2012
If the Hartford decides to split its P&C and Life operations, as proposed by a hedge-fund manager who owns an 8.4 percent stake in the company, the P&C operations would have a more favorable credit outlook than would the Life operations alone, according to Moody’s Investors Service.
-
By Mark E. Ruquet |
January 19, 2012
Aon says it plans to move its corporate headquarters to London to be closer to the Lloyd’s market, but the move will not result in the loss of any jobs in the Chicago area.
-
By Mark E. Ruquet, PropertyCasualty360.com |
January 16, 2012
Moody’s Investors Service says insurance broker Aon’s decision to move its headquarters from Chicago to London will have no effect on the company’s ratings.
-
By Phil Gusman, PropertyCasualty360.com |
December 5, 2011
Japanese insurers could soon be on an equal footing with global competitors with respect to mergers and acquisition activity outside of Japan if a new deregulation plan is approved, according to Moody’s.
-
By Phil Gusman, PropertyCasualty360.com |
November 17, 2011
Moody's Investors Service has downgraded Republic Mortgage Insurance company’s (RMIC) insurance financial strength rating to Caa2 from B1, citing continued deterioration at the troubled company.
-
By Staff Writer |
November 2, 2011
Moody's Investors Service has downgraded the insurance financial strength rating of Mortgage Guaranty Insurance Corporation (MGIC), citing “material deterioration in the insurer's regulatory capital position, large current and projected claims payments, and modest new business production.”
-
By Phil Gusman, PropertyCasualty360.com |
August 23, 2011
Rating agencies downgraded PMI Mortgage Insurance Co., part of the PMI Group, after the company announced that the Arizona insurance department placed it under regulatory supervision.
-
By Susanne Sclafane, PropertyCasualty360.com |
June 17, 2011
Allied World Assurance Company Holdings, AG and Transatlantic Holdings, Inc. announced a $3.2 billion merger deal that executives say will create a global specialty insurer and reinsurer operating in 18 countries on six continents.
-
By Susanne Sclafane, PropertyCasualty360.com |
June 13, 2011
Yesterday, Transatlantic Holdings, Inc. and Allied World Assurance Company Holdings, AG announced a $3.2 billion merger deal that executives say will create a global specialty insurer and reinsurer operating in 18 countries on six continents.