Peter Giacone is the Managing Director and Global Head of the Insurance Ratings at Kroll Bond Rating Agency, where he performs credit and financial analysis for the company’s rating process. In addition to insurance and financial guaranty, Peter also supports KBRA’s investment fund and public finance analytical teams.
I think back to how we were looking at it and trying to grapple with the issues back in March and April. I think now, with the benefit of six months of hindsight, I think the industry has actually fared quite well. From a credit risk perspective, I think there was an awful lot of hand wringing that was going on at the time, there was a lot of concern around how assets and liabilities would behave.25 November 2021