Moody’s takes action on top trade credit insurers as COVID-19 wreaks havoc on financial markets


Moody's has downgraded five trade credit insurers who it believes would be negatively impacted in a severe stress scenario related to the coronavirus (COVID-19), including prolonged disruption to business and financial markets and higher claims rates than were observed during the 2008-09 financial crisis.

Moody's, Credit insurer, Coronavirus, Insurance, Reinsurance, Global

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