Property/casualty (P/C) insurance statutory earnings will materially improve in 2024 amid recovery in per...
High Operating Costs and Legacy Liabilities Among Bankruptcy Drivers for US Airlines
Bankruptcies for airlines were historically driven by operational costs; however, some bankruptcies...
Bankruptcies for airlines were historically driven by operational costs; however, some bankruptcies...
Article / 2 months ago
Mongolia’s Fiscal and Export Outperformance Likely to be Temporary
Mongolia has benefited this year from rebounding commodity exports, which have stabilised public and external finances in the near term. However, Fitch...
Mongolia has benefited this year from rebounding commodity exports, which have stabilised public and external finances in the near term. However, Fitch...
Article / 6 months ago
APAC Banks Resilient to Risks Highlighted by US Bank Failures
Direct exposures to Silicon Valley Bank (SVB) and Signature Bank among Fitch Ratings’ portfolio of rated banks in APAC appear limited, says Fitch...
Direct exposures to Silicon Valley Bank (SVB) and Signature Bank among Fitch Ratings’ portfolio of rated banks in APAC appear limited, says Fitch...
Article / 1 year ago
Fitch Downgrades Ghana to 'CC'
Fitch Ratings has downgraded Ghana's Long-Term Local- and Foreign-Currency Issuer Default Ratings (IDRs) to'CC', from'CCC'. Fitch typically does not assign Outlooks to issuers with a...
Fitch Ratings has downgraded Ghana's Long-Term Local- and Foreign-Currency Issuer Default Ratings (IDRs) to'CC', from'CCC'. Fitch typically does not assign Outlooks to issuers with a...
Article / 2 years ago
Energy Crisis Increases Fiscal Risks to Western Europe Sovereigns
Western European governments’ responses to the energy crisis will have large fiscal costs, holding back...
Western European governments’ responses to the energy crisis will have large fiscal costs, holding back...
Article / 2 years ago
Fitch Affirms Bolivia at 'B'; Outlook Stable
Fitch Ratings has affirmed Bolivia's Long-Term Foreign Currency Issuer Default Rating (IDR) at'B'. The Rating Outlook is Stable....
Fitch Ratings has affirmed Bolivia's Long-Term Foreign Currency Issuer Default Rating (IDR) at'B'. The Rating Outlook is Stable....
Article / 2 years ago
Higher Rates, Energy Shock Challenge Italy’s Debt Reduction
Fiscal policy under Italy’s (BBB/Stable) next government will have to adapt to higher interest rates and the energy crisis if...
Fiscal policy under Italy’s (BBB/Stable) next government will have to adapt to higher interest rates and the energy crisis if...
Article / 2 years ago
Fitch Downgrades El Salvador to 'CC'; Removes from UCO
Fitch Ratings has downgraded El Salvador's Long-Term Foreign Currency Issuer Default Rating (IDR) to'CC' from 'CCC'. Fitch does not assign...
Fitch Ratings has downgraded El Salvador's Long-Term Foreign Currency Issuer Default Rating (IDR) to'CC' from 'CCC'. Fitch does not assign...
Article / 2 years ago
Onus on Debt Negotiations after Sri Lanka’s IMF Staff Agreement
The IMF staff-level agreement with Sri Lanka on a USD2.9 billion programme, confirmed on 1 September, appears to signal a sharp change...
The IMF staff-level agreement with Sri Lanka on a USD2.9 billion programme, confirmed on 1 September, appears to signal a sharp change...
Article / 2 years ago
Fitch Rates NN Group's Subordinated Tier 2 Green Bond 'BBB+'
The notes are rated three notches below NN's Long-Term Issuer Default Rating (IDR) of 'A+', to reflect their 'poor' recovery assumptions (two notches) and 'moderate' non-performance risk (one notch)...
The notes are rated three notches below NN's Long-Term Issuer Default Rating (IDR) of 'A+', to reflect their 'poor' recovery assumptions (two notches) and 'moderate' non-performance risk (one notch)...
Article / 2 years ago
