Credit Ratings Agencies Streaming News
AM Best Affirms Credit Ratings of INSURANCE COMPANY OF GAZ INDUSTRY SOGAZ   
July 31, 2020
Source: YAHOO! - AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb" of INSURANCE COMPANY OF GAZ INDUSTRY SOGAZ (SOGAZ) (Russia). The outlook of these Credit Ratings (ratings) is stable.
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AM Best Upgrades Credit Ratings of Country-Wide Insurance Company   
July 31, 2020
Source: Yahoo! News - AM Best has upgraded the Financial Strength Rating to C++ (Marginal) from C+ (Marginal) and the Long-Term Issuer Credit Rating to "b+" from "b-" of Country-Wide Insurance Company (Country-Wide) (New York, NY). The outlook of the...
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Fitch Says GDP Impact from COVID-19 Will Last until Mid-2020s—If We’re Lucky   
July 31, 2020
Source: Ai-cio.com - A new report from Fitch Ratings warns that the economic impact of the COVID-19 recession will be felt for years, as it expects the largest advanced economies will stay 3% to 4% below their pre-pandemic trend path by the middle of...
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Moody’s rates Pacific Life Short Term Funding, LLC commercial paper program Prime-1   
July 31, 2020
Source: Moody's - In establishing the program, the company obtained the opinion of an outside counsel that has opined that claims under the funding agreement should be treated pari passu with claims under other insurance policies and annuities and...
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Moody’s withdraws Short Term IFS rating of Brighthouse Life Insurance Company   
July 31, 2020
Source: Moody's - Moody's has decided to withdraw the rating for its own business reasons. Please refer to the Moody's Investors Service Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com. For any affected securities...
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Billions of tech revenue in Asia are at risk due to U.S. restrictions on Huawei, S&P says   
July 31, 2020
Source: CNBC - Huawei is in the middle of a confrontation between the United States and China for global technological dominance.
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Moody’s affirms Domestic & General’s B2 corporate family rating; Stable outlook   
July 31, 2020
Source: Moody's - London , July 28, 2020 – Moody's Investors Service, ("Moody's") has today affirmed the B2 corporate family rating (CFR) and B2-PD probability of default rating on Galaxy Finco Limited, which is an intermediate holding...
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Fitch Ratings on Hertz investor settlement: ‘A step in the right direction’   
July 31, 2020
Source: Auto Remarketing - Fitch Ratings dissected Hertz’s interim settlement and agreement with investors that the rental-car company finalized in recent days; a six-month strategy to de-fleet and realign its business ...
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Fitch Ratings Affirms GridLiance Subsidiaries' Credit Ratings   
July 31, 2020
Source: MarketWatch - Fitch affirmed its long-term issuer default ratings (IDR) for: GridLiance West ("A-" rating), GridLiance Western Holdings ("BBB" rating) and GridLiance High Plains ("A" rating). The ratings outlook for the three subsidiaries is...
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ESG Investing and the Use of ‘Risk’   
July 31, 2020
Source: Yahoo! News - This is part of a broader campaign by left-wing corporate-activist group As You Sow to draft the corporate world into their war against restrictions on abortion. Abortion was not a common topic for shareholder resolutions until...
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