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Author: | Bowman, L. |
Title: | The end of the monoline? |
Journal: | Euromoney
2007 : MAR, VOL. 38:455, p. 70-76 |
Index terms: | insurance companies securities investments |
Language: | eng |
Abstract: | The huge growth in products and sophistication in global credit markets has been a boon for almost all participants, with one notable exception. Monoline insurers are contemplating a bleak future in the face of changing issuer and investor attitudes towards credit risk. Even their great hope, a return of risk with a turn of the credit cycle, may not be enough to save some of them. |
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