Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
Ratings Recap: Park, Fidelity National, Nationwide Mutual, Universal American
Aug 22 2007 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and assigned an issuer credit rating of “a-” to Park Assurance Company of Burlington, VT with a stable outlook....
S&P Publishes Bermuda FAQ Report
Aug 16 2007 // Standard & Poor’s Ratings Services has published a FAQ (frequently asked questions) about the Bermuda insurers’ financial strength. S&P credit analyst Thomas Upton noted that “following a year...
S&P Reports on Australian P/C Insurers
Aug 16 2007 // A new report from Standard & Poor’s Ratings Services notes that “from October 2006 to August 2007, the Australian non-life [P/C] insurance industry underwent a deluge of activity that is changing the...
S&P Reports New Zealand P/C Insurers Still Face Price Pressures
Aug 16 2007 // A new report from Standard & Poor’s Ratings Services notes that the New Zealand non-life (P/C) insurance industry is still on a downward pricing cycle that has yet to correct. The report entitled, “Pursuit...
Ratings Recap: Scottish Re, Macau Ins., AEGON, Generali (Austria), Allianz (debt), Sinosure
Aug 10 2007 // Standard & Poor’s Ratings Services said that its rating and outlook on Scottish Re Group Ltd. (SCT; B+/Developing/–) “will not be affected by the company’s five-day delay in its second-quarter...
S&P Report Analyzes U.S. Insurers Hurricane Readiness
Aug 8 2007 // So far the U.S. hurricane season has been remarkable for its absence, but Standard & Poor’s Ratings Services questions whether that trend will continue. In a report, entitled “Are U.S. Insurers Ready If...
Best, S&P Lower Conseco’s Ratings as Run-off Losses Continue
Aug 8 2007 // A.M. Best Co. and Standard & Poor’s Ratings Services have both lowered their respective ratings on Conseco Inc., following the Company’s announcement of further losses in its Conseco Senior Health...
S&P Lowers Kanawha Ratings to ‘BBB;’ CreditWatch Positive
Aug 8 2007 // Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on Kanawha Insurance Co. to ‘BBB’ from ‘BBB+’; however, at the same time S&P...
S&P: Capital Management, ERM, Solvency II Concern European Insurers
Aug 7 2007 // Standard & Poor’s Ratings Services analyzes plans to pay back capital, maximizing ROEs and the lack of opportunities to deploy capital effectively in a new report – “Capital Management, Enterprise...
Ratings Recap: Ohio Casualty; Unum; CICA; Converium (No. Am.); MGIC; Wisconsin Mutual
Aug 1 2007 // Standard & Poor’s Ratings Services announced that its ‘BBB-‘ counterparty credit rating on Ohio Casualty Corp. and its ‘A-‘ counterparty credit and financial strength ratings on the...
S&P Raises Allianz Ratings to ‘AA’
Jul 13 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Germany’s Allianz SE (AZSE) and various core operating entities to ‘AA’...
S&P Raises Taiwan Fire & Marine Ratings to ‘BBB+’
Jul 6 2007 // Standard & Poor’s Ratings Services has raised its counterparty credit and insurer financial strength ratings on Taiwan Fire & Marine Insurance Co. Ltd. (TFMI) to “BBB+” from “BBB”...
S&P Raises Taian’s Ratings
Jul 6 2007 // Standard & Poor’s Ratings Services has raised its insurer financial strength and counterparty credit ratings on Taian Insurance Co. Ltd. of Taiwan to “BBB+” from “BBB’ and assigned a...
S&P Report Analyzes Bancassurance in Europe, U.S., Russia
Jul 6 2007 // Standard & Poor’s Ratings Services has issued a new report -“Bancassurance Approaches Employed In Europe, The U.S., And Russia: Similarities And Differences-” that analyzes the sector in those...
S&P: Korean P/C Outlook Stable
Jul 5 2007 // “The outlook on rated Korean non-life insurers remains stable,” says a report from Standard & Poor’s Rating Services, “reflecting the expectation that underwriting performance may gradually...
S&P Lowers Mapfre Ratings
Jul 5 2007 // Standard & Poor’s Ratings Services has lowered its long-term counterparty credit rating on Spain’s insurance holding company Mapfre S.A. to “A+” from “AA-.” S&P also lowered...
S&P Raises Fondaria-SAI Ratings
Jul 5 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Italian composite insurance group Fondiaria-SAI SpA and its core subsidiary, Milano...
S&P: Outlooks on Most Asia-Pacific Insurance Markets is Stable
Jul 5 2007 // The Hong Kong office of Standard & Poor’s Ratings Services has issued a report affirming the stable outlook on most of the insurance markets in the Asia-Pacific region. “They reflect strengthening balance...
S&P’s European Insurance Symposium Highlights Impending Changes
Jun 28 2007 // Kathleen A. Corbet, President of Standard & Poor’s, told the audience at its second annual European Insurance Symposium that the insurance sector is at a critical point, with the move to greater transparency,...
Ratings Recap: Nelson Re/Glacier Re; Kyoei/Swiss Re; Travelers/Lloyds; XL
Jun 26 2007 // Standard & Poor’s Ratings Services has assigned its ‘B’ senior secured debt rating to the $75 million class A, series 2007-I principal-at-risk variable-rate notes issued under the newly established...
