US EditionMoody’s Upgrades The Hartford Ratings and Assigns Stable Outlook
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Moody’s upgrades The Hartford ratings and assigns stable outlook
Moody’s Ratings has upgraded The Hartford Insurance Group’s senior unsecured debt rating to A3 from Baa1, and changed the Group’s and its subsidiaries’ outlook to stable from positive. Additionally, the credit rating agency upgraded the insurance financial strength (IFS) ratings of Hartford’s primary property & casualty (P&C) insurance subsidiaries to Aa3 from A1, and affirmed the IFS rating of Hartford Life & Accident Insurance Company (HLA) at…
On September 24, the rating agency Moody’s improved the rating of the Costa Rican government’s long-term debt, both in colones and in dollars, from Ba3 to Ba2. Moreover, the outlook changed from positive to stable. How does this benefit the Costa Rican people? According to the Moody’s portal, “the bonds rated as Ba (Ba3, Ba2, Ba1) are considered speculative and are exposed to a significant credit risk.” In other words, for Moody’s, Costa Rica’s …
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