Demotech ratings actions on hold until discussions complete
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Demotech ratings actions on hold until discussions complete

Samuel Casey
26 July 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
demotech.jpg

Ratings agency Demotech has said it will not issue any rating downgrades today, and that in several cases it is considering a changed stance, as discussions continue with rated entities about their financials.

Demotech president Joe Petrelli said the ratings agency would take additional time to review information and consider issues faced by insurers operating in Florida, delaying any downgrades of firms that were scheduled for today.

It

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

RatesNewsRegulation
sam casey/sam casey ii ils.png
Samuel Casey
Senior Reporter
Contact
Gift this article