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Finance 431: Property-Liability Insurance - page 28 / 35

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Rating Cuts

Mortgage Guaranty Insurance Corporation (MGIC)

S&P rating of A, Moody’s rating of Aa2, and Fitch rating of AA.

RAM Reinsurance Company

S&P rating of AAA, with negative outlook.  Moody’s rating of Aa3 with negative outlook.

BluePoint Re Limited

S&P rating of AA, and Moody’s rating of Aa3.

Channel Reinsurance Ltd.

Moody’s cut rating from Aaa to Aa3

Assured Guaranty Re Ltd.

S&P and Fitch ratings of AA, and Moody’s rating of Aa2

CMG Mortgage Insurance Company

S&P rating of AA-, and Fitch rating of AA

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