Rating Agencies
Fitch Affirms U.S. AAA Rating; Outlook Still Negative
Fitch Ratings on Friday affirmed the United States' top level credit rating at AAA but held the outlook at negative, saying still-elevated debt levels leave the country vulnerable to shocks without ...S&P Mortgage Ratings Trial Sought by U.S. in February 2015
The U.S. Justice Department is seeking a trial in February 2015 in its lawsuit against McGraw Hill Financial Inc.'s Standard & Poor's unit over ratings on residential mortgage-backed securities. ...
Congressmen Warn Credit Raters Against Repeating History on CDOs
The top executives of Standard & Poor's, Moody's Investors Service and Fitch Ratings were warned by three members of Congress against granting inflated grades to the same type of securities that ...Detroit Default, Restructuring Plan Break New Ground: Moody’s
Detroit's default and debt restructuring plan are precedent-setting in the U.S. municipal market, Moody's Investors Service said on Monday, because the city is looking to bondholders, as well as ...
Capital Markets Poised To Grow Even Bigger In Cat Re Space
The participation of the capital markets in the property-catastrophe reinsurance industry is poised to explode beyond one-third of the total limits in the market, an industry executive said recently. ...S&P’s ‘AA+’ Rating On U.S. Now Stable As Downside Risks Abate
Standard & Poor's revised the outlook on its "AA+" credit rating for the United States to stable from negative, noting that some downside risks have abated. The risks have receded to the point ...SIFI Designation A Credit Positive For AIG: Moody’s
In an article published yesterday in its weekly "Credit Outlook" publication, Moody's Investors Service said the Financial Stability Oversight Council's designation of American International Group as ...
MPLI Lagging Commercial Lines Underwriting Cycle
Medical professional liability insurance (MPLI) is a smaller specialty property/casualty insurance underwriting segment that has generated strong annual underwriting profits since 2006, considerably ...