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Moody's Ratings, previously known as Moody's Investors Service and often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name. Moody's Ratings provides international financial research on bonds issued by commercial and government entities.
Moody's, previously known as Moody's Analytics, is a subsidiary of Moody's Corporation established in 2007 to focus on non-rating activities. [21] It performs economic research related to credit analysis , performance management , financial modeling , structured analysis and financial risk management .
1992 – merged with United Mutual Life Insurance Company, the only African-American life insurer in New York, in 1992. [28] 1992 – [29] acquired Executive Life's single premium deferred annuity business, which was worth approximately $1.2 billion. MetLife also acquired the firm's life insurance business, valued at about $260 million. [30]
A.M. Best Assigns Debt Rating to MetLife, Inc.'s Remarketed Senior Unsecured Debentures OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has assigned a debt rating of "a-" to the remarketed ...
Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989.
In 2018, MetLife divested its remaining interest through a debt-for-equity exchange with four financial institutions that owned MetLife debt. [4] Headquartered in Charlotte, North Carolina, the company began selling annuity and life insurance under the Brighthouse Financial brand on March 6, 2017. [5]
Carlos M. Gutierrez Named to MetLife's Board of Directors NEW YORK--( BUSINESS WIRE )-- MetLife, Inc. ( NYS: MET ) announced today that Carlos M. Gutierrez, 59, has been elected to its board of ...
In July 1998, an anonymous French whistle-blower told the California Insurance Department that Crédit Lyonnais was the real buyer of the insurance company and controlled it through secret agreements. In early 1999, the California Insurance Department sued the bank and other parties, alleging fraud and seeking $2 billion in restitution. [4]