|
|
 |
|
Viewing report
|
|
|
|
2006 Global Bond Insurance Book Details A Year Of Heightened Industry Competition Sep 06
Standard & Poors, Sep 2006
Abstract
NEW YORK (Standard & Poor's) Sept. 8, 2006--Similar to last year, the bond insurers continue to find themselves in a period of heightened competition--not just among direct participants but also from alternate forms of credit enhancement, detailed in Standard & Poor's Ratings Services' 2006 Global Bond Insurance Book, a comprehensive annual publication on bond insurance company ratings and trends. 'In a tight credit spread environment with lower overall volume, pricing has returned to levels not seen since 2001 and a rebound is not likely in the near term,' said Standard & Poor's credit analyst Howard Mischel, managing director of the Global Bond Insurance Ratings Group. 'These factors point to the maintenance of financial discipline and conservative underwriting strategies as being...
Action: General Comment
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
