Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
S&P Assigns ‘A-‘ Rating to TrygVesta Group
May 20 2004 // Standard & Poor’s Ratings Services announced that it has assigned its ‘A-‘ long-term counterparty credit and insurer financial strength ratings to Denmark-based Tryg Forsikring A/S (Tryg) and...
Fallout from MMC’s Kroll Acquisition
May 20 2004 // Major acquisition announcements inevitably trigger a lot of fallout – very like the effect of throwing a large rock into a still pond. The ripples spread out over the pond’s surface. MMC’s announcement...
S&P Affirms AFG Ratings; Raises Outlook
May 19 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on American Financial Group Inc. and the members of the Great American Insurance Co. pool, the Republic Indemnity Co. pool, the...
When Comparing Apples-To-Apples Whom Should You Trust’
May 17 2004 // Hard markets have a way of making insurance company financial strength ratings a hot topic of discussion, and not just among insurance agents and brokers. Professional risk managers and other insurance buyers, consumer...
S&P Places Mercantile Mutual on CreditWatch-Negative
May 14 2004 // Standard & Poor’s Ratings Services announced that it has placed its “AA-” counterparty credit and insurer financial strength ratings on Mercantile Mutual Insurance (Australia) Ltd. “on...
S&P Report: Property Catastrophe Reinsurance Shows Good Year, Despite Higher Losses
May 13 2004 // Despite higher insured catastrophe losses in the U.S. in 2003, companies writing property catastrophe reinsurance realized very strong operating performance, according to a report published by Standard & Poor’s...
S&P Affirms Montpelier Re Ratings; Outlook Stable
May 12 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “A-” counterparty credit and financial strength ratings on Montpelier Reinsurance Ltd. and its ‘BBB’ counterparty...
S&P Affirms AA Rating for HCC
May 12 2004 // Houston-based HCC Insurance Holdings Inc. announced that Standard & Poor’s have affirmed their AA (Very Strong) counterpart credit and financial strength ratings for the HCC Insurance Holdings Inc. group of...
S&P Puts Allianz ART Unit on CreditWatch
May 12 2004 // Standard & Poor’s Ratings Services announced that it has placed its “AA-” counterparty credit, insurer financial strength, and insurer financial enhancement ratings on Swiss-based Allianz Risk...
S&P Reports on U.S. P/C Industry Financial Condition
May 11 2004 // Standard & Poor’s Credit Market Services has issued a report on the U.S. P/C industry, which notes that the rating agency is maintaining its negative rating outlook on this sector of the commercial insurance...
S&P, Moody’s Give Assured Guaranty High Ratings
May 10 2004 // Both Standard & Poor’s Ratings Services and Moody’s Investors Service have assigned high ratings to Assured Guaranty and its subsidiaries, the international surety insurer, formed from the spin off of ACE...
S&P Issues Report on French Mutual Sector
May 6 2004 // A newly issued report from Standard & Poor’s concludes that “France’s mutual insurance sector remains healthy, but its long-term prosperity is being threatened by external competition and exposure...
S&P Assigns ‘A-‘ Rating to German Surety Insurer
May 6 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “A-” long-term counterparty credit and insurer financial strength ratings to Hanover-based surety insurer Deutsche...
S&P Puts American Steamship on CreditWatch-Negative
May 5 2004 // Standard & Poor’s Ratings Services announced that it has placed its ‘BBB-‘ counterparty credit and financial strength ratings on American Steamship Owners Mutual P&I Assn. Inc. on CreditWatch...
S&P Report Warns Calif. Workers’ Compensation More Precarious Now
May 3 2004 // West News • April 14 “The taxpayers of California will ultimately face the financial consequences should the SCIF be in financial trouble or fail. There is no excuse for SCIF not having an A.M. Best rating. Rather...
S&P Affirms Groupama (U.K.) ‘A’ Rating
Apr 30 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “A” insurer financial strength rating on U.K. non-life insurer Groupama Insurance Co. Ltd. and removed the company from...
S&P Assigns Ratings to Arch Capital Debt
Apr 30 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB-” senior debt rating to Arch Capital Group Ltd.’s $300 million 30-year senior debt issue announced on April 27. (See...
S&P Assigns ‘AA-” Rating to RGA Int’l. Re
Apr 29 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “AA-” counterparty credit and financial strength ratings to RGA International Reinsurance Co. Ltd. with a stable...
S&P Revises NIPPONKOA Outlook-Negative to Stable
Apr 27 2004 // Standard & Poor’s Ratings Services announced that it has revised the outlooks to stable from negative on its long-term counterparty credit and financial strength ratings on NIPPONKOA Insurance Co. Ltd....
S&P Revises ACE Outlook from Negative to Stable
Apr 27 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on ACE Ltd. and its operating companies to stable from negative. S&P also affirmed its “A+” counterparty credit and...
