Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
Ratings Roundup: Triad Guaranty, Allstate and Affiliates
Oct 26 2007 // Standard & Poor’s Ratings Services has placed its ‘AA’ counterparty credit and financial strength ratings on Triad Guaranty Insurance Corp. and its ‘A’ counterparty credit rating on Triad...
Ratings Recap: Northbridge, Fondiaria, MGIC, Trust International, First Capital, St.Paul/Travelers (UK)
Oct 19 2007 // Standard & Poor’s Ratings Services has placed its ‘BBB’ counterparty credit and financial strength ratings on Northbridge Financial Corp.’s operating companies–Commonwealth Insurance Co.,...
S&P Lowers New Zealand’s Geneva Finance Ratings to ‘D’
Oct 18 2007 // Standard & Poor’s Ratings Services has lowered its long-term counterparty credit ratings on New Zealand finance company Geneva Finance Ltd. to ‘D’ from ‘B-/Watch Dev/–‘. S&P...
Ratings Recap: Max Capital, Kenya Re, Tunis Re, Gothaer, Chung Kuo
Oct 17 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit ratings (ICR) of “a-” of Max Bermuda Ltd. and its affiliated companies. Best also affirmed...
S&P Comments on Standardizing Global Insurance Accounting Rules
Oct 16 2007 // In a new report Standard & Poor’s states that the “International Accounting Standard Board’s (IASB) discussion paper on insurance contracts may well set the tone for a new global frame...
Ratings Recap: Ariel Re, Atrium, Malaysian Re, AMI, TM Asia, Bangkok Ins., Karlsruher
Oct 12 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of Ariel Reinsurance Company Ltd. Best also affirmed the ICR of...
Ratings Recap: Misr/AlChark/Egypt Re, KAMP RE, Calliden, American Club, Groupama
Oct 10 2007 // A.M. Best Co. has placed the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of Misr Insurance Company under review with negative implications, along...
‘Clear Reporting’ = ‘Excellent ERM,’ Says S&P Article
Oct 9 2007 // Standard & Poor’s Ratings Services has published an article that links clear reporting to excellent insurer enterprise risk management (ERM). “A good risk profile report has the simplicity and power of a...
Ratings Recap: WuerttVers, Lloyd Adriatico/Allianz SpA
Oct 5 2007 // A.M. Best Co. has commented that the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” for Germany’s Wuerttembergische Versicherung AG (WuerttVers)...
Ratings Roundup: Symetra, Fireman’s Fund, Lincoln National
Oct 5 2007 // Standard & Poor’s Ratings Services has assigned its ‘BB’ preferred stock rating to Symetra Financial Corp.’s (SFC) proposed $150 million issue of capital-efficient notes with a scheduled...
Ratings Recap: Euler Hermes, Ascot, Tokio Marine Retakaful, Toa Re
Oct 4 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty and insurer financial strength ratings on U.K.-based surety insurer Euler Hermes Guarantee PLC to ‘AA-‘ from ‘A’...
U.S. P/C Insurers’ Reserving Likely To Remain Prudent, S&P Says
Oct 1 2007 // Will increased competition and lower pricing lead U.S. property/casualty insurers to skimp on reserves? Not according to a report published by Standard & Poor’s Ratings Services. The article, “For U.S....
S&P Upbeat on Insurance-Linked Securitization End of Year Prospects
Sep 28 2007 // Standard & Poor’s Ratings Services London office has published a new report – “Insurance-Linked Securitization Poised To Finish Year Well.” Credit analyst Maren Josefs noted that the...
Ratings Roundup: Milli Re, Gulf, Connaught, Bahrain Kuwait, Gerling
Sep 28 2007 // A.M. Best Co. has affirmed the financial strength rating of ‘B+’ (Good) and the issuer credit rating (ICR) of “bbb-” of Turkey’s Milli Reasurans Turk Anonim Sirketi (Milli Re) with a positive...
Ratings Roundup: PMA, Radian
Sep 26 2007 // Fitch Ratings has upgraded the Issuer Default Rating (IDR) and senior debt rating of PMA Capital Corp. to ‘BBB-‘ from ‘BB-‘ and to ‘BB+’ from ‘B+’ respectively. Fitch also...
Prospects and pitfalls in a changing global insurance world
Sep 24 2007 // The ‘rest of the world’ offers new opportunities for growth, but not without risk No European City has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in...
Prospects and pitfalls in a changing global insurance world
Sep 24 2007 // No European city has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 million residents have experienced an unprecedented building boom, as the German...
Rating Recap: Taiwan (P/C) Industry
Sep 19 2007 // Standard & Poor’s Ratings Services has released a new report, which examines Taiwan’s P/C insurance sector. S&P said the general outlook is “stable, reflecting the likelihood of continued...
Ratings Roundup: American Family, Patrons Mutual, Crawford & Co.
Sep 19 2007 // Standard & Poor’s Ratings Services has affirmed its ‘A+’ long-term counterparty credit and financial strength ratings on American Family Mutual Insurance Co. (AFMIC) and its wholly owned...
