Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
MMC Still on CreditWatch Negative
Jan 3 2005 // S&P announced that its “BBB” long-term counterparty credit and senior debt ratings on Marsh & McLennan Cos. will remain on CreditWatch negative. The decision follows the announcement that MMC closed...
S&P Lowers, Withdraws Best Meridian Ratings
Dec 30 2004 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on Best Meridian Insurance Co. (BMI) and its subsidiary, Best Meridian International...
S&P Sees No Effect on Australian Insurers’ Ratings from Tsunami Losses
Dec 29 2004 // Standard & Poor’s Ratings Services has issued a bulletin stating that it does not expect Australian general insurers to be materially affected by the cost of insurance claims arising from the Indian Ocean...
S&P Rates Tokio Marine Global (U.K.) ‘AA-‘; Stable
Dec 29 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “AA-” insurer financial strength rating to UK-based Tokio Marine Global Ltd. (TMG) with a stable outlook. “The rating on...
S&P Affirms Toa Re (America) ‘AA-‘ Ratings
Dec 28 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “AA-” counterparty credit and financial strength ratings on Toa Reinsurance Co. of America, reaffirmed its negative outlook, and...
S&P Revises Lindsey Morden Outlook to Stable from Negative; Affirms ‘B’ Rating
Dec 23 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on Canada’s Lindsey Morden Group Inc. (LMG) to stable from negative. S&P also said that it has affirmed...
S&P Assigns ‘A’ Rating to Teleco
Dec 23 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “A” insurer financial strength and counterparty credit ratings to Teleco Insurance Ltd. (TIL), a Bermuda-based captive insurer of...
S&P Publishes U.S. P/C Industry ‘Report Card’
Dec 23 2004 // According to a study published today by Standard & Poor’s Ratings Services, the U.S. property/casualty insurance industry has experienced greater ratings stability in 2004, primarily due to improved...
S&P Raises Eureko Group Core Subsidiaries Outlook to Stable; Affirms Ratings
Dec 22 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on all entities of the Netherlands-based Eureko insurance group to stable from negative. At the same time, S&P said it has...
S&P Affirms Hiscox ‘A-‘ Ratings; Outlook Stable
Dec 22 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “A-” long-term counterparty credit and insurer financial strength ratings on U.K.-based P/C insurer Hiscox Insurance Co. Ltd....
S&P Puts ERC, GE Solutions on CreditWatch Negative
Dec 21 2004 // Standard & Poor’s Ratings Services announced that it has placed its “A+” counterparty credit and financial strength ratings on Employers Reinsurance Corp. (ERC), its “A-” counterparty...
S&P Reinstates Korea’s LG Insurance Ratings
Dec 21 2004 // In a brief announcement Standard & Poor’s Ratings Services said it has reinstated its “BBB” financial strength and long-term counterparty credit ratings on Korea’s LG Insurance Co....
S&P SAYS PERSONAL LINES CARRIERS ARE STRONG:
Dec 20 2004 // Fundamentals remain strong for U.S. personal lines insurance carriers, according to a report published by the ratings firm Standard & Poor’s. This is reflected in S&P’s decision to retain a stable...
S&P Keeps MMC on CreditWatch Negative
Dec 16 2004 // Standard & Poor’s Rating Services announced that its “BBB” long-term counterparty credit and senior debt ratings on Marsh & McLennan Cos. (MMC) will remain on CreditWatch negative. The decision...
S&P Assigns ‘BBB-‘ Ratings, Stable Outlook to Czech Insurer CSOB Pojistovna a.s.
Dec 15 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB-” long-term counterparty credit and insurer financial strength ratings to CSOB Pojistovna a.s., the Czech Republic-based...
S&P Says WTC Verdict Won’t Affect Insurer Ratings
Dec 15 2004 // Standard & Poor’s Ratings Services announced that it has reviewed the potential impact of the recent federal jury decision in New York that the 2001 terrorist attack on the World Trade Center was–for...
S&P Raises Co-Operators General Ratings
Dec 15 2004 // Standard & Poor’s Ratings Services today announced that it has raised its long-term counterparty credit and financial strength ratings on Guelph, Ont.-based Co-operators General Insurance Co. (CGIC) to...
S&P Report Concludes Australian P/C Industry Stable
Dec 14 2004 // The credit outlook on Australia’s nonlife insurance industry will remain stable in 2005, despite moderation in earnings, according to Standard & Poor’s Ratings Services latest industry report card on...
S&P to Withdraw Swiss Re (Australia) Ratings Jan. 1
Dec 14 2004 // Standard & Poor’s Ratings Services announced that on Jan. 1, 2005, it will withdraw its “A”‘ insurer financial strength and counterparty credit ratings on Swiss Re Australia Ltd., a subsidiary...
S&P Raises Endurance Specialty Outlook to Positive; Affirms Ratings; Company Comments
Dec 14 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on Bermuda-based Endurance Specialty Holdings Ltd. and its subsidiaries (Endurance Specialty Insurance Ltd., Endurance Worldwide...
