Moody’s has placed the triple-A insurer financial strength ratings for Ambac Assurance Corp. and MBIA Insurance Corp. on review for a possible downgrade.

The rating agency had both bond insurers on a negative outlook before today’s action.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.