Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
Navigators Affirmed
Aug 9 2004 // S&P affirmed its “A” counterparty credit and financial strength ratings on Navigators Insurance Co. and NIC Insurance Co. (collectively referred to as Navigators), with a negative outlook. According to...
Converium AG and Subs Ratings Lowered
Jul 20 2004 // Standard & Poor’s Ratings Services reported that it lowered its long-term counterparty credit and insurer financial strength ratings on Switzerland-based reinsurer Converium AG and its main operating...
S&P: Mercury Casualty Co., Affiliates Ratings Affirmed
Jul 13 2004 // Standard & Poor’s has affirmed its ‘AA’ counterparty credit and financial strength ratings on Mercury Casualty Co. and Mercury Insurance Co. as well as its ‘AA’ financial strength rating...
S&P Affirms Navigators ‘A’ Rating
Jul 9 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘A’ counterparty credit and financial strength ratings on Navigators Insurance Co. and NIC Insurance Co. (collectively referred...
S&P Sees No Change in Odyssey Re Ratings
Jul 8 2004 // Standard & Poor’s Ratings Services announced that its ratings on Odyssey Re Holdings Corp. (ORH) and related subsidiaries, will not be affected by the recent announcement of ORH’s proposed acquisition of...
S&P Lowers MarshMac’s Ratings to ‘A+’ from ‘AA-‘
Jul 8 2004 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit rating on Marsh & McLennan Cos. (MMC) to ‘A+’ from ‘AA-‘ and removed it from CreditWatch. The...
S&P Lowers Italy’s Credit Rating; No Change for Generali
Jul 8 2004 // Standard & Poor’s Ratings Services announced that it has lowered its long-term sovereign credit ratings on the Republic of Italy to “AA-” from “AA”, due to the deterioration of public...
S&P Report Analyzes European Insurers’ Profit Growth
Jul 7 2004 // According to a recent report issued by Standard & Poor’s Rating Services, “Europe’s insurers will continue to face challenges in delivering genuine ‘profitable growth’ over the next few...
S&P Affirms Ratings for Best Meridian Insurance Co. Along with Subsidiary
Jul 7 2004 // Standard & Poor’s Ratings Services affirmed its ‘BBB-‘ counterparty credit and financial strength ratings on Best Meridian Insurance Co. (BMI) and its subsidiary, Best Meridian International...
S&P Affirms Eureko ‘BBB+’ Ratings
Jul 6 2004 // Standard & Poor’s Ratings Services announced that that its “BBB+”-outlook negative – ratings on Netherlands-based insurance group Eureko B.V. are unaffected by the group’s announcement of...
Industry At ‘Point Of Inflection,’ Says Standard & Poor’s
Jul 5 2004 // The insurance industry, now teeter-tottering between a hard and a soft market, “has reached a point of inflection,” said Robert Partridge, Standard & Poor’s managing director, at S&P’s...
CEOs Question Wisdom of Sarbanes-Oxley at S&P Conference
Jul 5 2004 // In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its...
S&P Publishes P/C Insurer Report Card
Jul 5 2004 // Industry-wide price strengthening was a driving factor in the financial results of U.S. property/casualty insurance companies in 2003, according to an industry report card published by Standard & Poor’s Ratings...
Sarbanes-Oxley ‘Stifles Competition,’ Says MetLife CEO
Jul 5 2004 // In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its...
Sarbanes-Oxley ‘Stifles Competition’, Says MetLife CEO
Jul 5 2004 // In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its...
S&P Publishes P/C Insurer Report Card
Jul 5 2004 // Industry-wide price strengthening was a driving factor in the financial results of U.S. property/casualty insurance companies in 2003, according to an industry report card published by Standard & Poor’s Ratings...
S&P Rates Tokio Marine (Singapore) ‘A+’
Jul 2 2004 // Standard & Poor’s Ratings Services announced that it has assigned its ‘A+’ long-term counterparty credit and insurer financial strength ratings to Tokio Marine & Fire Insurance Co. (Singapore)...
S&P Lowers Mercantile Mutual Rating
Jul 1 2004 // Standard & Poor’s Ratings Services announced that it has lowered its insurer financial strength and counterparty ratings on Australian insurer Mercantile Mutual Insurance Ltd. (MMIA) “A+” from...
S&P Affirms AMP Subsidiary Ratings, Ups Outlook
Jun 29 2004 // Standard & Poor’s Ratings Services announced that it has revised the ratings outlook on Australia’s AMP Life Ltd., AMP Group Holdings Ltd., and AMP Bank Ltd. to positive from stable, and affirmed the...
S&P Assigns ‘BBB’ Rating to Bahrain Reinsurer
Jun 23 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB” long-term counterparty credit and insurer financial strength ratings to Bahrain-based reinsurer Arab Insurance Group...
