This geographical segment of the marketplace is expected to maintain its fast increases, despite industry challenges. According to a recent statement that was made by Alan Murray, senior vice president at Moody’s, Latin America will continue to be one of the most rapidly growing insurance market regions on the globe. This, despite the fact that the insurance industry is expected to have to face certain hurdles along the way. Over the last ten years, Latin America has continued to hold the top spot as the most rapidly growing insurance market,…
Read MoreTag: Moody’s
Health insurance industry downgraded by Moody’s
There were many contributing factors to this rating, one of which was the health care reform. According to one of the latest reports issued by Moody’s, the credit outlook for the health insurance industry’s companies has been downgraded from having been “stable” to what is now seen as “negative”. Among the primary contributors to this change is due to the number of unknown factors this year. Though there was no single factor that led to the downgrading of the health insurance industry’s credit outlook, the health care reform has played…
Read MoreHospitals could suffer if insurance mandate is abolished, says Moody’s
Special report highlights the impact Supreme Court ruling could have on hospitals Moody’s Investors Services, often referred to as Moody’s, has released a special report concerning the insurance mandate provision of the Affordable Care Act within health care reform. The mandate has been at the heart of the controversy surrounding the federal law. According to the law, American citizens must purchase and maintain some kind of health insurance policy. Many states have accused the federal government of overstepping its boundaries by requiring people to purchasing health insurance. As a result,…
Read More