Credit ratings
Moody's Investors Service has reaffirmed the Baa2 senior unsecured debt rating of Unum Group, attributing the decision to the company's dominant market share in disability insurance, as well as its improved asset quality and capital adequacy. Despite challenges in individual and group long-term care, Unum'
Credit ratings
Intact Financial Corporation (IFC), a leading provider of property and casualty insurance in Canada, has had its Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Rating (Long-Term ICRs) of "aa-" (Superior) affirmed by AM Best. The rating agency also affirmed the Long-Term ICR of "
Credit ratings
Moody's Investors Service has affirmed the Baa1 senior unsecured debt/senior unsecured MTN program ratings of CEZ, a.s. and the baa2 Baseline Credit Assessment of the company. The outlook on the ratings has been changed to positive from negative. This decision reflects the substantial removal of CEZ&
Credit ratings
The Moody's rating agency last week downgraded the United States' credit rating from Aaa to Aa1, citing concerns over its massive $36 trillion debt pile and rising interest costs. This move marked the first time Moody's has lowered Washington's credit score since 1949
Credit ratings
As the world's largest economy teeters on the edge of a credit rating downgrade, the warning signs are clear: the super-rich and big corporations are manipulating the system to their advantage, condemning the rest of America to higher taxes, higher interest rates, and a deepening debt crisis. The
Credit ratings
A UK residential mortgage-backed securities (RMBS) transaction, Bletchley Park Funding 2025-1 PLC, has been issued with preliminary ratings by Kroll Bond Rating Agency, LLC's (KBRA) UK business. The transaction is backed by a portfolio of first-ranking buy-to-let mortgage loans secured on residential properties in England, Wales, and Northern
Credit ratings
African finance officials and economists have expressed frustration with the opaque and inconsistent methodologies used by global credit rating agencies, warning that these methods are costing the continent billions in lost investment and higher borrowing costs. At a workshop hosted by the African Peer Review Mechanism, participants emphasized the need
Credit ratings
The Broad Institute, an independent research organization affiliated with highly rated universities and hospitals in Boston and Cambridge, has had its Aa3 debt rating affirmed by Moody's Investors Service. The rating reflects the Institute's prominent role as a research organization, significant financial resources, and revenue diversity.
Credit ratings
Moody's Ratings has placed certain ratings and assessments of Simmons First National Corporation and Simmons Bank on review for downgrade due to concerns over their profitability and economic capital position. The review will focus on the bank's ability to improve its profitability and economic capital, which
Credit ratings
Dubai Insurance Company (PSC) (DIN) has maintained its Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Rating of "a" (Excellent) from AM Best due to its strong balance sheet and robust operating performance. The company's ability to generate strong organic capital and maintain sufficient
Credit ratings
Moody's Investors Service has issued a credit downgrade to United Services Automobile Association (USAA), affecting its insurance financial strength (IFS) rating, backed senior unsecured debt rating, and backed senior unsecured medium-term note program. The rating action follows a similar downgrade of the US Government's long-term issuer
Credit ratings
Moody's Investors Service has announced that it will review for downgrade the ratings on 69 Aaa-rated bonds issued by 39 securitizations backed by student loans originated under the Federal Family Education Loan Program (FFELP). This decision follows the announcement on May 16, 2025, that Moody's downgraded
