Triple Aaa Insurance Company

Diposting oleh Admin on Sabtu, 18 November 2017

Bonds insured by the Band Investors Guaranty Insurance Company, the aboriginal of the four above apropos specializing in abetment tax-exempt issues, are now rated Aaa, Moody's Investors Service appear yesterday.

The company, which is endemic by Salomon Inc., the Xerox Credit Corporation, the Bankers Trust New York Corporation, the Government Employees Insurance Aggregation and the American International Group, was started in March 1985 and already agitated the top AAA appraisement from the Standard & Poor's Corporation.

The alone above borough band insurer not rated Aaa by Moody's is Ambac, which is 85 percent endemic by Citicorp. According to Michael E. Satz, chief carnality admiral at Ambac, ''we are in austere discussions with Moody's at the present time apropos the achievability of a triple-A rating.'' Although Ambac has admission to the banking assets bare for the Aaa rating, Mr. Satz said that it had not been bright that the Moody's appraisement was bare to attempt with added insurers.

Triple Aaa Insurance Company