Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
AIG, Related Units Stay on CreditWatch Negative
Apr 25 2005 // Standard & Poor’s Ratings Services said Monday that it is keeping its ratings on American International Group Inc. (‘AA+/Watch Neg/A-1+’) and AIG’s subsidiaries on CreditWatch with negative...
Best, S&P Rate Generali $653 Million Debt Issue
Apr 22 2005 // A.M. Best Co. and Standard & Poor’s Ratings Services have assigned an “a+” and an “AA-” senior unsecured debt rating respectively to the 500 million euro ($653.4 million) notes due in...
S&P Sees No Rating Affect in AXA/Finaxa Merger
Apr 21 2005 // The Paris office of Standard & Poor’s Ratings Services has issued a statement indicating that it does not expect the proposed merger of Finaxa (not rated) into AXA (A/Stable/A-1) to affect the ratings on AXA,...
S&P Affirms, Withdraws SCOR’s CRP Subs Ratings
Apr 21 2005 // Standard & Poor’s Ratings Services announced that it has affirmed its “BBB+” insurer financial strength ratings on two subsidiaries of French reinsurer SCOR: Bermuda-based Commercial Risk Reinsurance...
S&P Affirms RenRe’s ‘AA-‘/’A’ Ratings
Apr 19 2005 // Standard & Poor’s Ratings Services announced that it has affirmed its “AA-” counterparty credit and financial strength ratings on Bermuda-based Renaissance Reinsurance Ltd. (RenRe), its...
S&P Reports on Australia-N.Z Markets
Apr 14 2005 // A report from Standard & Poor’s concludes that the “Australian and New Zealand markets continued to perform favorably during the first quarter of 2005, driven by a continuation of stable economic...
S&P Assigns AmWINS ‘B’ Rating; Outlook Stable
Apr 14 2005 // Standard & Poor’s Ratings Services has assigned its ‘B’ counterparty credit rating to American Wholesale Insurance Group Inc. (AmWINS). The outlook is stable. At the same time, Standard &...
S&P: Willis Group Holdings Ltd. Ratings Removed from CreditWatch and Affirmed; Outlook Negative
Apr 8 2005 // Standard & Poor’s Rating Services said Friday that it affirmed its ratings on Willis Group Holdings Ltd., including the ‘BBB-‘ counterparty credit rating, and removed them from CreditWatch, where...
S&P Raises Real Legacy Assurance Co. Ratings to ‘BBB+’; Outlook Stable
Apr 8 2005 // Standard & Poor’s Ratings Services has raised its counterparty credit and financial strength ratings on Real Legacy Assurance Co. Inc. (RLA), formerly known as Royal & Sun Alliance Insurance (Puerto Rico)...
S&P Sees No Change in Lloyd’s Ratings
Apr 7 2005 // Standard & Poor’s Ratings Services joined A.M. Best in stating that its ratings and outlook on the Lloyd’s Market (“A” / Stable) and The Society of Lloyd’s (also “A” /-...
S&P Publishes Comparison Study on U.S. Surplus and Specialty Lines Insurers
Apr 7 2005 // Standard & Poor’s Ratings Services named Houston-based HCC Insurance Holdings Inc. as the leader in surplus and specialty insurance lines, in a new report – “Peer Comparison: U.S. Surplus And...
S&P Lowers GE Insurance Solutions Ratings; Off CreditWatch; CEO Comments
Apr 5 2005 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on Employers Reinsurance Corp. and affiliated insurance/reinsurance entities (collectively...
S&P Puts Casiopea Re on CreditWatch-Negative
Apr 4 2005 // Standard & Poor’s Ratings Services announced that it has placed its “A” long-term counterparty credit and insurer financial strength ratings on Casiopea Re S.A. on CreditWatch with negative...
S&P Report Describes Increased Access to Capital Markets for Small, Mid-Sized Insurers
Apr 1 2005 // A study from Standard & Poor’s Ratings Services examines recent changes in the U.S. capital markets, and concludes that they have “have sparked interest in the credit ratings on small and mid-size...
S&P Report Notes Slower Growth in U.S. P/C Surplus
Apr 1 2005 // Standard & Poor’s Ratings Services has published a report comparing the past two years of U.S. P/C surplus growth, titled “U.S. Property/Casualty Surplus Growth Slows In 2004.” S&P credit...
S&P Assigns ‘B’ Rating to N.Z.’s Simply Insurance
Apr 1 2005 // Standard & Poor’s Ratings Services announced that it has assigned its ‘B’ rating to Simply Insurance New Zealand Ltd. with a stable outlook. “The rating reflects the sensitivities of a start-up...
S&P Report Explains ‘Core Subsidiary’ Term
Apr 1 2005 // The London office of Standard & Poor’s Ratings Services has published a report – “Insurance Criteria Update: What Makes An Insurance Or Reinsurance Subsidiary ‘Core’ Under Group Rating...
S&P Sees No Effect on Ratings of German Companies Charged with Anti-Trust Violations
Apr 1 2005 // Standard & Poor’s Ratings Services announced that it is “not considering rating actions on the eight rated companies out of the currently ten on which the German antitrust authority (Bundeskartellamt)...
S&P Lowers AIG Ratings to ‘AA+’; To Hold Conference
Mar 31 2005 // And then there was one. The announcement late yesterday, March 30, that Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and senior debt ratings on American International Group...
S&P, Best See No Effect on Hannover Re Ratings
Mar 30 2005 // Standard & Poor’s Ratings Services announced that Hannover Re’s 2004 results would “have no impact on the ratings or outlook on group entities.” A.M. Best Co. commented that Hannover Re’s...
