January 23, 2026 | Driven by a history of consolidation, Canada has created a stable and robust banking system with a supportive regulatory framework . . .
November 7, 2025 | Insurance investment in private assets has long been a core strength, but the rapid shift toward higher yielding leveraged credit – often through privately rated structures – marks a new and largely U.S.-driven trend . . .
November 7, 2025 | Though not without some risk, Spectrum believes that bank consolidation and M&A are positives for credit offering diversity, market share gains and cost savings . . .
October 28, 2025 | Paris-based BNP Paribas S.A. recently lost a civil suit in New York City filed by three Sudanese refugees claiming damages stemming from BNP’s banking role involving Sudan under former leader Omar al-Bashir during the late 1990s and 2000s . . .
October 21, 2025 | Several instances of suspected fraud have occurred in short order, reviving worries about loan quality and the broader economy . . .
October 6, 2025 | Fifth Third Bancorp (FITB) announced early this morning that it plans to acquire Comerica Inc. (CMA) in an all-common-stock deal . . .
September 4, 2025 | France is facing a fiscal crisis with deficits exceeding 5.5% of GDP and debt rising above 110% of GDP. Borrowing costs are climbing, and recession fears are growing . . .
August 4, 2025 | “The aim of the EU-wide stress test is to assess the resilience of EU banks to a common set of adverse economic developments in order to identify potential risks, inform supervisory decisions and increase market discipline,” said the EBA . . .
August 1, 2025 | According to media reports, Governor Newsom is working on a legislative proposal to recapitalize California’s wildfire fund, with an $18 billion infusion split evenly between utility shareholders and ratepayers . . .
July 28, 2025 | As tensions have calmed following the Israel-Iran conflict, the global oil markets resumed expectations for a supply-demand imbalance . . .
July 10, 2025 | Leading insurers remain adept risk managers, well-prepared to navigate natural disasters, emerging global risks and inflationary pressures across goods & services, medical costs and the US legal system . . .
July 10, 2025 | Europe plans to integrate sustainability into a more business-as-usual approach, shifting its focus to competitiveness and reduced reporting burdens . . .
June 30, 2025 | Spectrum believes these results demonstrate the robust creditworthiness of large US banks, some of which are regional banks . . .
June 10, 2025 | Ultra long-term 30-year+ Japanese Government Bond (JGB) yields have quickly risen to multi-decade highs resulting in large unrealized bond losses on Japanese insurers’ investment portfolios . . .
May 1, 2025 | Spain suffered the most severe blackout in recent European history. In the span of five minutes the nation lost 15GW of electricity generation (equivalent to 60% of national demand), which caused widespread disruption to transport networks, homes and businesses across Spain, Portugal and parts of France . . .
April 4, 2025 | U.S. Announces Sweeping U.S. Tariffs: President Donald Trump introduced a wide-reaching tariff regime under the initiative titled “Liberation Day” . . .
April 4, 2025 | Bank, Insurance and Utility Fundamentals Resilient to U.S. Tariffs: Spectrum continues to be cautious on credit choices, focusing on stronger and more resilient issuers . . .
February 6, 2025 | Canada’s banking system remains one of the strongest in the world, benefitting from an oligopoly structure led by the six major banks, many of which Spectrum owns . . .
January 13, 2025 | Wildfire damage has intensified in recent years, posing significant financial risks for electric utilities if it is proven that their equipment caused a fire . . .
January 13, 2025 | Spectrum does not believe likely changes to regulatory personnel, regulations or laws themselves will result in substantive shifts in regulatory protections . . .
January 13, 2025 | Major underwriters in California (CA) have reduced coverage in high-risk areas due to regulatory constraints on pricing. LA fire losses are expected to be distributed across FAIR, insurers, capital markets and liable parties. This should limit single-company exposure for major insurers in which we invest . . .
January 10, 2025 | Multiple wildfires in affluent parts of Los Angeles County have led to fatalities, forced evacuations of nearly 200,000 people and destroyed thousands of properties, with many more at risk . . .
