NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) announced today the appointment of Donna Halverstadt to the role of Managing Director of KBRA’s Insurance Ratings group.
Donna joins KBRA with over 30 years of experience with financial institutions, primarily insurers. She will lead the KBRA insurance ratings team, merging her industry and capital markets expertise with KBRA’s extensive insurance knowledge. Donna’s appointment underscores KBRA’s strong commitment to growing its presence in the insurance space.
Prior to KBRA, Donna served as a sell-side corporate bond research analyst at Morgan Stanley, Nomura and Goldman Sachs. She spent the bulk of her career at Goldman Sachs, devoting over 25 years to the firm’s Research, Investment Banking and Fixed Income divisions. Donna built Goldman Sachs’ credit research coverage of insurance companies, an industry sector that prior to her had not been covered by that firm’s credit research effort. She also spent time leading Goldman’s London-based European Credit Research team. Prior to credit research, Donna worked in the firm’s Financial Institutions Group within its Investment Banking Division, working primarily with insurance companies; and prior to that was in its Fixed Income division, originating and executing securitization transactions. Donna holds an MBA from the UCLA Anderson School of Management and an AB from Dartmouth College.
“Donna brings with her a unique skill set that will be complementary to KBRA’s best-in-class insurance knowledge already in-house. Her addition accelerates our drive to be the market leader for insurance in financial strength ratings and in the capital markets arena,” said Ira Powell, COO.
About Kroll Bond Rating Agency
KBRA is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, KBRA is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).