Life insurance blossoming thanks to India’s economic growth
Life business could grow as much as 11% in five years
Life business could grow as much as 11% in five years
Moody’s decision to not downgrade South Africa to junk status has saved the economy about £14bn in outflows from the local bond market, according to an expert from Morningstar.
Asset managers comment on Moody’s decision to lower China’s sovereign credit rating by one notch to A1 from Aa3, with stable outlook.
The active management industry will have to shrink substantially, Moody’s Investor Services argues in a new report on the growth of passive investments.
Moody’s has issued a bearish forecast for the United Kingdom’s GDP growth over the coming two years.
The rise of fintech firms has highlighted a digital shift in financial services, but banks will retain a place at the centre of the industry and continue to work, both alongside and in competition, with their new challengers, according to Moody’s Investors Service.
The impact of lower oil prices has caused ratings agency Moody’s to revise down its economic outlook for Saudi Arabia, in a week which saw rival agency Standard and Poor’s announce a two-notch downgrade of the country’s sovereign ratings.
Moody's Investors Service has downgraded the outlook for Hong Kong's banking system to negative from stable, citing its "concerns regarding persistent negative real interest rates" and the institutions' "growing exposures to Mainland China".
Moody’s said the entry of GCC troops into Bahrain on Tuesday underlined the situation’s gravity