outlook News

Hartwig’s 2014 Big on Post-Crisis Economy, Yellen Swellin’, Hyperdata

This is probably the 20th year ahead-yearend outlook story I’ve written over the years. They’re usually fun, and experts who comment for them can be way off, far out or spot on. Looking forward is good, and looking back is …

Moody’s Maintains Stable Outlook on Global Reinsurance Industry

Moody’s Investors Service has maintained a stable outlook for the global reinsurance industry. Moody’s said the outlook “expresses our expectations for the fundamental credit conditions in the industry over the next 12 to 18 months.” It also “acknowledges the industry’s …

Moody’s Changes EU Rating Outlook to Negative

Moody’s Investors Service has changed its outlook on the ‘Aaa’ rating of the European Union to negative, warning it might downgrade the bloc if it decides to cut the ratings on the EU’s four biggest budget backers: Germany, France, UK …

Best Affirms MAPFRE RE FSR; Downgrades ICR; Off Review; Negative Outlook

A.M. Best Europe – Rating Services Limited has downgraded the issuer credit rating (ICR) to “a” from “a+” and affirmed the financial strength rating of ‘A’ (Excellent) of MAPFRE RE, Compania de Reaseguros, S.A, a key subsidiary of MAPFRE S.A. …

Best Affirms AXA U.S. FSR; Upgrades ICR; Off Review; Negative Outlook

A.M. Best Co. has removed from under review with negative implications and upgraded the issuer credit rating (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of New York-based AXA Insurance Company. Best also …

Best Affirms Flagstone Reassurance Suisse ‘A-’ Ratings; Outlook Negative

A.M. Best Co. has affirmed the financial strength rating of ‘A-’ (Excellent) and issuer credit ratings (ICR) of “a-” of Flagstone Reassurance Suisse S.A. and Flagstone Alliance Insurance and Reinsurance PLC, which is based on Cyprus, as well as the …

S&P Revises Argentina’s Sovereign Debt Rating Outlook to Negative

Standard & Poor’s revised its outlook on Argentina’s sovereign debt rating to negative from stable on Monday, citing policies that include a government push to seize control of energy company YPF from Spain’s Repsol. President Cristina Fernandez announced the YPF …

Best, S&P React to Ariel Re Sale of Bermuda, Zurich Units

Both A.M. Best and Standard & Poor’s issued bulletins following the announcement that Ariel Re was selling off its Bermuda-based reinsurance business to Arrow, a unit of investment Bank Goldman Sachs, and its trade credit and surety (C&S) operations, which …

Best Revises Chartis, Lexington & Members Outlooks to Stable; Affirms Ratings

In connection with its revision of its outlook on AIG, A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Chartis US Insurance Group and its members and the Lexington …

Best Revises AIG and Subs Outlook to Stable; Affirms Ratings

A.M. Best Co. has revised the outlook to stable from negative and affirmed the issuer credit rating (ICR) of “bbb” of American International Group. It has also revised the outlook to stable from negative and affirmed the financial strength ratings …