Free Trial Corporate Access
Reactions - Financial Intelligence for the Global Insurance Market
Reactions Copying and distributing are prohibited without permission of the publisher

Moody's cuts PartnerRe from double-A range

09 February 2012

Bermudian reinsurer knocked out of the double-A range by Moody’s.

Read more: partnerre moody's

Moody’s has downgraded the debt ratings of Bermudian reinsurer PartnerRe to A3 from A2 and the insurance financial strength ratings of its principal operating subsidiaries to A1 from Aa3.

The rating agency said the downgrade is a result of the company's recent earnings volatility and decline in equity capital – a result of outsized 2011 catastrophe losses relative to most of its peers – as well...


  

   
July/August 2016 
In this month's Reactions
 London Market Awards
 Blockchain
 Pandemic
 John Cavanagh

Click here to view this issue


For more catastrophe reports, data and news, click through to the RMS/Reactions Catastrophe Centre.