Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
S&P Lowers Frontier Note Issue
Apr 3 2000 // Standard & Poor’s (S&P) long-term rating on the Frontier Insurance Co.-supported medium-term note issue was lowered from “BBB+” to “BB+.” The note issue’s implied short-term...
S&P Rates Earthquake Notes
Apr 3 2000 // An issue of floating-rate notes, the payouts for which are linked to an index of California earthquakes, was assigned a “BB” rating by S&P. The annual probability that monies in the collateral account...
S&P Lowers Frontier Insurance Group Rating
Feb 4 2000 // Standard & Poor’s lowered its counterparty credit rating on Frontier Insurance Group Inc. to “BB+” from “BBB.” S&P also lowered its preferred stock rating to “B+” from...
S&P Takes Frontier OffWatch
Feb 3 2000 // Standard & Poors lowered its long-term rating on Frontier Insurance Co.-supported medium-term note issue to “BBB+” from “A.” The issue’s implied short-term rating was lowered to...
S&P Comments on Reliance Group Holdings Settlement
Feb 2 2000 // Standard & Poor’s commented on Feb. 1 regarding the Jan. 24 announcement that Reliance Group Holdings Inc. and related subsidiaries completed a settlement with various reinsurers and insurers concerning its...
S&P Gives ‘AA+’ Rating to ING Re
Jan 1 2000 // “Ratings on the core insurance entities of the ING insurance group are based on its very strong business position and extremely strong capital. These strengths are supported by very strong financial flexibility and...