The credit ratings of most African nations are much lower than similar sovereigns elsewhere in the world, costing them billions of dollars and denting vital economic growth, according to top bankers https://t.co/y2QWiZTWnP ...

Scotland was assigned its first credit ratings, a critical step on the country’s road to a debut bond sale https://t.co/OUKCA5aEZq ...

Group 1: Softbank's Strategic Moves - Softbank is committing an additional $22.5 billion to AI firm OpenAI, indicating a strong focus on the artificial intelligence sector [2][9] - The company divested $9.17 billion in T-Mobile shares between June and September, reflecting a strategic shift to optimize its investment portfolio [2][9] Group 2: Commodities Market - Gold prices have reached a near three-week high, trading between $4,142.83 and $4,149.06 per ounce, driven by expectations of a U.S. Federal Reserve interest rate cut in December [3][9] - The rise in gold prices is also supported by signs of a potential resolution to the ongoing U.S. government shutdown [3][9] Group 3: Geopolitical Developments - Iran's Deputy Foreign Minister reaffirmed the country's commitment to a peaceful nuclear program, denying any ambitions to develop nuclear weapons [4][9] Group 4: South Africa's Economic Outlook - Goldman Sachs suggests a potential upgrade to South Africa's credit ratings, contingent on the government's ability to implement economic reforms following a recent budget announcement [5][9] Group 5: Automotive Sector Developments - Hyundai Motor Group is facing significant financial strain due to delays in U.S. tariff reductions, incurring losses of approximately $1.1 billion in Q2 and $1.3 billion in Q3 [6][9] - A recent trade agreement between Seoul and Washington to lower auto duties may provide relief and boost Hyundai's earnings in the future [6][9]

Core Insights - AM Best has commented that the Credit Ratings of Palomar Holdings, Inc. and its member companies remain unchanged following the announcement of Palomar's acquisition of The Gray Casualty & Surety Company, expected to close in the first half of 2026 [1][12] Credit Ratings - Palomar has a Long-Term Issuer Credit Rating of "bbb†(Good), while its subsidiaries, PSIC, PESIC, and Palomar Re, have a Financial Strength Rating of A (Excellent) and Long-Term ICRs of "aâ€(Excellent) with a stable outlook [2] - FIA has an FSR of A- (Excellent) and a Long-Term ICR of "a-†(Excellent) with a positive outlook [2] - Gray has an FSR of A- (Excellent) and a Long-Term ICR of "a-†(Excellent), which have been placed under review with positive implications following the acquisition announcement [3] Acquisition Details - Post-acquisition, Gray will operate independently under new management and is expected to benefit from synergies with Palomar [4] - The acquisition will be funded through cash on hand and a bank loan, with expected financial leverage having a neutral impact on the ratings [4] Business Operations - Palomar writes various risks, with earthquake coverage being a significant part of its portfolio, alongside inland marine/other property, casualty, fronting, and crop businesses [5] - The group consistently reports profitable results due to diligent underwriting strategies and is expanding into the surety space, particularly through the acquisition of Gray, which has a larger footprint in the contract surety segment across the U.S. [5]

RT The Hurdle Rate Podcast (@HurdleRatePod)Welcome back to The Hurdle Rate Podcast.Episode 33: Credit Ratings for Digital Capital.The crew is back covering Strategy's credit rating, how this could impact the insurance industry, interest coverage ration and industry credit ratings, what it will take for Bitcoin Treasury Company credit ratings to go higher, Mike Alfred, big volumes, and more.Here's the latest with @ColeMacro, @PunterJeff, @BenWerkman and @TimKotzman.0:30 - Welcome Back to The Hurdle Rate1:00 ...

S&P Global Ratings by the numbers:• 95% of the top 20 global institutional investors reference its ratings• 1+ million credit ratings outstanding• 1,500+ credit analysts worldwide• 150+ countries with ratings coverage• 4,600+ corporates rated globally• ~1 million securities coveredLearn more about the partnership ↓Chainlink (@chainlink):We’re excited to announce that @SPGlobalRatings—the leading credit rating agency relied on by 95% of the top 20 global institutional investors—is collaborating with Chainlin ...

ICYMI: S&P Global Ratings partnered with Chainlink to publish its SSAs onchain.The world’s leading credit ratings provider meets the industry-standard oracle platform.S&P Global (@SPGlobal):S&P Global is excited to announce a collaboration between S&P Global Ratings, the world’s leading provider of #CreditRatings, benchmarks and analytics, and Chainlink Labs, the industry-standard oracle platform bringing the capital markets on-chain, to deliver S&P Global Ratings’ https://t.co/JMN9GsEJAF ...

RT S&P Global (@SPGlobal)S&P Global is excited to announce a collaboration between S&P Global Ratings, the world’s leading provider of #CreditRatings, benchmarks and analytics, and Chainlink Labs, the industry-standard oracle platform bringing the capital markets on-chain, to deliver S&P Global Ratings’ Stablecoin Stability Assessments (SSAs) on-chain via DataLink—an institutional-grade data publishing service powered by the Chainlink data standard.This initiative makes S&P Global Ratings' deep, independent ...

Discover how junk bonds, rated below investment grade, offer high yields. Learn about their risks, credit ratings, and role as market indicators. https://t.co/ZdrttutPRc ...

Core Viewpoint - AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of "a" (Excellent) to Samsung Property & Casualty Insurance Company (China), Ltd. The outlook for these ratings is stable [1] Group 1: Ratings and Outlook - The Financial Strength Rating reflects Samsung P/C China's balance sheet strength, assessed as strongest [1] - The Long-Term Issuer Credit Rating indicates adequate operating performance and a neutral business profile [1] - The assigned outlook for these ratings is stable, suggesting no immediate changes are anticipated [1]