considers

Moody’s Ratings seeks ILS discussion paper feedback, considers new rating methodology – Go Health Pro

by
Moody’s Ratings seeks ILS discussion paper feedback, considers new rating methodology – Go Health Pro

Moody’s Ratings has published a discussion paper on insurance-linked securities (ILS), with a focus on catastrophe bonds, and is seeking feedback from market participants to help clarify its understanding of ILS market dynamics and associated credit risks.Moody’s Ratings said that, as catastrophe bonds become an increasingly important component of insurance and reinsurance sector risk management … Read more

New York Considers Making Property Insurers Cover Taxi Claims Losses – Go Health Pro

by
New York Considers Making Property Insurers Cover Taxi Claims Losses – Go Health Pro

New York is considering asking property and casualty insurers to cover the claims of insolvent taxi insurer American Transit Insurance Co., according to people familiar with the plans. That measure is one of several options under discussion as the state’s Department of Financial Services — which regulates insurers — grapples with mounting financial troubles at … Read more

x