Thursday, March 18, 2010
Moody’s affirms The Hartford ratings
Moody’s believes uncertainty exists regarding the capital adequacy of the organisation's life insurance operation, both in terms of its investment portfolio and its variable annuity liabilities.
Moody's Investors Service has affirmed the credit ratings of The Hartford Financial Services Group, (senior debt rated Baa3) and its main operating subsidiaries following the company's announcement that it intends to repay the $3.4bn Troubled Asset Relief Programme (Tarp) fund...
Reactions: Moody’s affirms The Hartford ratings
Moody's Investors Service has affirmed the credit ratings of The Hartford Financial Services Group, (senior debt rated Baa3) and its main operating subsidiaries following the company's announcement that it intends to repay the $3.4bn Troubled Asset Relief Programme (Tarp) fund...
Reactions: Moody’s affirms The Hartford ratings
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