Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
Best, S&P Affirm State Auto Ratings Following Rockhill Agreement
Nov 20 2008 // Both A.M. Best Co. and Standard & Poor’s Ratings Services have affirmed their respective ratings on the State Auto Group of Companies, which are in turn the operating divisions of State Auto Financial...
Ratings: Travelers (UK), Bison, Dubai Islamic, Milli Re, Hang Seng, LIG
Nov 19 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of UK-based Travelers Insurance Company Limited (TIC). The outlook for both ratings...
S&P Assesses Current Conditions for Bermuda Insurers, Reinsurers
Nov 14 2008 // Standard & Poor’s Ratings Services has just published a new study – “Bermuda Insurers And Reinsurers: The Good, The Bad, And The Ugly – ” which examines the current status of the...
Market Perception of Creditworthiness Affects Insurers, Says S&P
Nov 13 2008 // A report from Standard & Poor’s Ratings Services notes that “in a confidence-sensitive industry, many insurers have seen their financial strength acutely affected by market perception of their credit...
S&P: Market Perception of Creditworthiness Affects Insurers
Nov 13 2008 // In a confidence-sensitive industry, many insurers have seen their financial strength acutely affected by market perception of their credit quality, according to “Evaluating Liquidity Triggers In Insurance...
S&P Comments on International Group P&I Club Negative Rating Actions
Nov 12 2008 // Standard & Poor’s Ratings Services noted that ” many members of the International Group of Protection & Indemnity Clubs (IG) have been hit by the recent turmoil in the global financial markets....
Ratings Recap: Hyundai, Jupiter, Exchange, West England Club
Nov 12 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of South Korea’s Hyundai Marine & Fire Insurance Co., Ltd. (HMFI) with...
S&P Affirms Allianz ‘AA’ Ratings, Stable Outlook Despite Investment Losses
Nov 11 2008 // Standard & Poor’s Ratings Services has affirmed its ‘AA’ long-term counterparty credit and insurer financial strength ratings on Germany’s Allianz SE (AZSE) and various core operating...
Ratings on Munich Re ‘Unaffected’ by Q3 Earnings Decline Says S&P
Nov 10 2008 // Standard & Poor’s Ratings Services has said that its ratings and outlook on Germany’s global reinsurer Munich Reinsurance Co. (current ‘AA-‘ Stable outlook) and related core entities “are...
S&P Affirms PartnerRe’s ‘AA-‘ Ratings and Stable Outlook
Nov 10 2008 // Standard & Poor’s Ratings Services has affirmed its ‘A’ counterparty credit rating on Bermuda-based reinsurance holding company Partner Re Ltd. and its ‘AA-‘ counterparty credit and...
Ratings Recap: Arch Re (Europe), Singapore Re, AIG (Taiwan), Eurasia, Hyundai (China)
Nov 10 2008 // Standard & Poor’s Ratings Services has assigned its ‘A’ counterparty credit and financial strength ratings to Arch Reinsurance Europe Underwriting Ltd. (Arch Re Europe), a newly formed Ireland-based...
S&P Affirms AXIS’ Ratings; Positive Outlook
Nov 6 2008 // Standard & Poor’s Ratings Services has affirmed its ‘BBB+’ counterparty credit rating on Bermuda-based insurance and reinsurance holding company AXIS Capital Holdings Ltd. and its ‘A’...
S&P Outlook Turns Negative on AIG Units, Ratings Downgrade Possible
Nov 6 2008 // Standard & Poor’s Ratings Services has revised the CreditWatch status of its ratings on a number of American International Group Inc.’s P/C subsidiaries and other units with ratings derived from guarantees...
S&P Says Swiss Re’s ‘AA-‘ Ratings ‘Unaffected by Q3 Net Loss’
Nov 5 2008 // Standard & Poor’s Ratings Services said that its ‘AA-‘ insurer financial strength and long-term counterparty credit ratings on Zurich-based global reinsurance group Swiss Reinsurance Company (Swiss...
Ratings Recap: Am. Safety, ProAssurance, AMComp, Affirmative, WRM America
Nov 5 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of American Safety Insurance Group (ASI). Best also affirmed the ICR of...
S&P Rates ACE Insurance (Switzerland) ‘A+’; Outlook Stable
Nov 4 2008 // Standard & Poor’s Ratings Services has assigned its ‘A+’ financial strength rating to ACE Insurance (Switzerland) Ltd. (AISL), a newly formed subsidiary of Switzerland-based insurance and reinsurance...
S&P Affirms AEGON’s Ratings
Oct 30 2008 // Standard & Poor’s Ratings Services has affirmed its ‘A+/A-1’ long- and short-term counterparty credit ratings on Netherlands-based insurance group AEGON N.V. S&P also affirmed its...
Ratings: Max Capital, Flagstone Re (Africa), VIG RE, Alliance, Syndicate 1414
Oct 30 2008 // Standard & Poor’s Ratings Services has affirmed its ‘BBB-‘ counterparty credit ratings on Max Capital Group Ltd. and Max USA Holdings Ltd. The outlook on both companies remains positive. “The...
S&P Affirms Hannover Re’s ‘AA-‘ Ratings and Stable Outlook
Oct 29 2008 // Standard & Poor’s Ratings Services has affirmed its ‘AA-‘ long-term counterparty credit and insurer financial strength ratings on German reinsurer Hannover Rueckversicherung AG and its core entities...
S&P Says QBE, PMI Australia Ratings, Outlooks Unchanged
Oct 24 2008 // Standard & Poor’s Ratings Services said that its ‘A-‘ rating on Australia’s QBE Insurance Group Ltd. and its ‘A+’ ratings on QBE’s core operating entities remain unchanged...
