Moody’s Investors Services is cautioning in a new report that even if insurers receive temporary government equity through the Treasury’s Capital Purchase Program (CPP), it does not expect near-term upgrades of insurers who participate.

However, added Jeffrey Berg, a Moody’s senior vice president and author of the report, “the addition of capital could mitigate some downward pressure on ratings depending on how it is deployed and whether capitalization was seen as a primary weakness for a particular insurer.”

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.