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Key Highlights: * Analysis covers 46 one-year periods from Dec. 31, 1977, to Dec. 31, 2023. * Impairments refer to insurers that became impaired and had a Best's Financial Strength [...]

OLDWICK, N.J. -- AM Best's latest special report on the long-term impairment rates of U.S.-domiciled insurance companies states thatno insurers rated by AM Best became impaired in 2023. The Best's [...]

New York City: Moody's Investors Service has issued the following news release: Moody's Ratings (Moody's) has placed the Aa3 rating of California Community Choice Financing Authority Clean Energy Project Revenue [...]

Byline: Alex Lawson and Helena Horton The water industry regulator is to appoint an independent monitor to supervise Thames Water's turnaround plan after it breached its licence conditions last month [...]

New York: Fitch Ratings has issued the following commentary: Fitch Ratings has updated its Covered Bonds Rating Criteria used for assigning and monitoring credit ratings of covered bond obligations globally. [...]

Byline: Katherine Davis Following various belt-tightening measures, including layoffs and compensation cuts, Duly Health & Care was downgraded by a major bond credit ratings agency, an indication that the private-equity-backed [...]

Fitch Ratings has lowered its ­outlook for China’s state-owned banks from stable to negative a week after it cut its projection for the country’s sovereign credit rating, reflecting pessimism about [...]

The S and P Global Ratings, a credit rating agency, has hinted at upgrading Pakistan's credit rating following the new political government that comes into power after February 8 general [...]

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of 'aa+' (Superior) of RSUI Indemnity Company and its reinsured [...]

New York, Dec. 12 -- KBRA issued the following news release: On November 21, 2023, KBRA assigned an A- insurance financial strength rating (IFSR) to AeBe ISA Ltd. The Outlook [...]

Prague, Nov 27 (CTK) - The Czech crown firmed against both the main world currencies again today, gaining 7 hellers against the euro to close at Kc24.35/EUR and 6 hellers [...]

Asian bonds with credit ratings near distressed territory have grown as a proportion of the regional high-yield universe since mid-2021, according to a Morningstar report, primarily on account of China’s [...]

London: Aston University has issued the following news release: The study focuses on climate risk in credit ratings It recommends climate expert panels in rating committees for better transparency The [...]

NEW YORK -- On September 20, 2023, KBRA assigned a long-term rating of AA- to the Metropolitan Pier and Exposition Authority (Illinois) McCormick Place Expansion Project Refunding Bonds, Series 2023A [...]

NEW YORK -- On June 20, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, the preferred stock rating of BB+, and the [...]

NEW YORK: KBRA has affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, the preferred stock rating of BB+, and the short-term debt rating of [...]

AM Best's ratings recognize CICA's strength of balance sheet and outlook. AUSTIN, Texas, July 17, 2023 /PRNewswire/ --https://c212.net/c/link/?t=0&l=en&o=3920333-1&h=2392033359&u=https%3A%2F%2Fwww.citizensinc.com%2F&a=Citizens%2C+Inc.(NYSE: CIA), a leading diversified financial services company specializing in life, living benefits, [...]

DALLAS, June 23, 2023 /PRNewswire/ -- NexBank Capital, Inc. (the 'Company'), a financial services company and the parent company of NexBank (the 'Bank'), today announced that Egan-Jones Ratings Company affirmed [...]

BANKING AND CREDIT NEWS-September 6, 2023-Credit Rating Agency KBRA Releases Surveillance Report for Bankwell Financial Group (C)2023 M2 COMMUNICATIONS http://www.m2.co.uk On August 2, 2023, credit rating agency KBRA downgraded the [...]

M2 EQUITYBITES-September 6, 2023-Credit Rating Agency KBRA Releases Surveillance Report for Bankwell Financial Group (C)2023 M2 COMMUNICATIONS http://www.m2.co.uk On August 2, 2023, credit rating agency KBRA downgraded the ratings for [...]

NEW YORK: KROLL BOND RATING AGENCY, LLC has issued the following news release: On April 5, 2023, KBRA assigned a long-term rating of A+, with a Stable Outlook to the [...]

AM Best downgrades Issuer Credit Rating of Custodian and Allied Insurance Limited (CAIL) to 'bb' (Fair) and affirmed Financial Strength Rating (FSR) of CAIL (Nigeria). The ratings reflect CAIL's balance [...]

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of 'aa-' (superior) of Mutual of Omaha Insurance Company and its subsidiaries, United [...]

GoodLeap Sustainable Home Solutions is returning with a $271.3 million securitization deal, a transaction secured by a pool of loans to mostly prime credit quality homeowners, which finance home improvements, [...]

HONG KONG: AM Best has issued the following news release: AM Best has placed under review with positive implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer [...]

HONG KONG -- AM Best has placed under review with positive implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of 'a-' (Excellent) of CMB [...]

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of 'a' of TPRe and its wholly-owned subsidiary, TPRe China in a report [...]

Byline: Jerry Lynott Apr. 3WILKES-BARRE The city's finances improved in the short term with the $37.1 million in pandemic relief funds from the federal government, but face challenges in the [...]

AM Best, the largest credit rating agency in the world specializing in the insurance industry, recently affirmed the Financial Strength Rating of A- (Excellent) and the Issuer Credit Rating of [...]

NEW YORK: Kroll Bond Rating Agency has issued the following news release: Kroll Bond Rating Agency (KBRA) releases research on our approach to incorporating environmental, social, and governance (ESG) factors [...]

NEW YORK -- Kroll Bond Rating Agency (KBRA) releases research on our approach to incorporating environmental, social, and governance (ESG) factors in the credit rating process for U.S. states. This [...]

NEW YORK: Kroll Bond Rating Agency (KBRA) releases research on our general approach to incorporating environmental, social, and governance (ESG) factors in the credit rating process across corporate, financial, and [...]

NEW YORK -- Kroll Bond Rating Agency (KBRA) releases research on our general approach to incorporating environmental, social, and governance (ESG) factors in the credit rating process across corporate, financial, [...]

On August 18, 2021, Kroll Bond Rating Agency (KBRA) assigned the long-term rating of AA - with a Stable Outlook to the Turnpike Authority of Kentucky Economic Development Road Revenue [...]

NEW YORK: Kroll Bond Rating Agency (KBRA) has issued the following news release: Kroll Bond Rating Agency (KBRA) releases a research report focused on environmental, social, and governance (ESG) topics [...]

NEW YORK -- Kroll Bond Rating Agency (KBRA) releases a research report focused on environmental, social, and governance (ESG) topics and their potential influence on KBRA's analysis of financial institutions. [...]

NEW YORK -- Kroll Bond Rating Agency (KBRA) releases a report which details U.S. broadly syndicated loan (BSL) collateralized loan obligation (CLO) exposure to corporate sectors amid the ongoing coronavirus [...]