CreditSights noted the ratios of several utilities’ funds-from-operations-to-debt are trending positive and many utilities are maintaining stable EPS estimates, making negative regulatory and political headlines “manageable.” “When most utilities let holdco ratings…
“We do not see any significant or even slightly concerning refinancing risk for utility [holding companies] over the next two years into the higher interest rate environment,” CreditSights analysts wrote…
CreditSights analyst Andrew DeVries said investors will want management teams to explain “the impact on customer bills from soaring capex programs and how those capex programs will be financed.” “There…
CreditSights analyst Josh Esterov said in an interview that the IPO marked a “significant milestone” for AIG in a couple of different ways. “Just having an IPO process for a…
“For life insurers that are primarily focused on group insurance, it was a particularly positive quarter with the combination of rising rates, moderating COVID costs and a really favorable sales…
A number of factors may be driving performance for managed care insurers this week, some of which may signal the potential for a brighter future for the space, according to…
CreditSights analyst Josh Esterov said there are clearly diverging opinions on how LTC regulation should evolve. “From Genworth’s perspective, a robust LTC market requires an understanding and an expectation from…
Vistra has had success adding solar to its portfolio in Illinois, but has experienced “significant issues” with batteries in California, CreditSights analyst Andrew DeVries said.
CreditSights analyst Josh Esterov said in an interview that the Florida insurance market is in disarray as it deals with a combination of pressures that are hitting both insurers and…
“The combination of very supportive commodity prices and capital discipline means many producers have little to no borrowing needs,” Charles Johnston, senior analyst for high-yield oil and gas issues at credit research…
