Credit insurers better placed than 2008, says Moody’s


The credit rating agency found that under stress-test scenarios the insurers would have a diminished ability to rebound from another crisis.

It said that underwriting discipline had relaxed in the industry in the past two years and that the amount of insured risks had increased while prices have fallen.

In the 2008-09 credit crisis brokers were faced with clients having their insurance withdrawn at short notice. The testing from Moody's suggested that currently credit insurers would be in better

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: