Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
S&P Cuts Outlook on Berkshire to ‘Negative’
Mar 27 2009 // Berkshire Hathaway Inc. is at risk of losing its “AAA” credit rating from Standard & Poor’s, after the ratings agency revised its outlook on billionaire Warren Buffett’s company to...
Ratings Recap: Generali, XL, Blue Fin (Cat Bonds), Sun Hung Kai, B&B, Risk Re
Mar 27 2009 // Standard & Poor’s Ratings Services stated that its ratings on the core operating companies of Italy’s Generali Group (AA/Negative/–) are unaffected by the termination of the agreement relative to the...
S&P Sees no Lloyd’s Rating Change; “Solid Performance,’ Strong Capital
Mar 25 2009 // Standard & Poor’s Ratings Services announced that its insurer financial strength rating and outlook on Lloyd’s (Lloyd’s or the Market; A+/Stable/–) “are unaffected by full-year results...
S&P Revises Outlook on ACE Canada to Positive; Affirms ‘A’ Ratings
Mar 25 2009 // Standard & Poor’s Ratings Services has revised its outlook on Toronto-based property and casualty insurer ACE INA Insurance (ACE Canada) to positive from stable. S&P also affirmed the long-term...
Ratings Recap: Everest Re (Notes), Int’l. Hannover, China Int’l., Transmonde
Mar 20 2009 // Standard & Poor’s Ratings Services said that its ratings on Bermuda-based Everest Re Group Ltd. and its U.S.-based intermediary holding company, Everest Reinsurance Holdings Inc. (both rated ‘BBB+’...
Ratings Recap: Everest Re, NIPPONKOA, Sompo, Evergreen Re, Endurance
Mar 17 2009 // Standard & Poor’s Ratings Services has lowered its counterparty credit ratings on Bermuda-based Everest Re Group Ltd. and its U.S.-based intermediary holding company, Everest Reinsurance Holdings Inc., to...
S&P Raises SCOR and Subs Ratings to ‘A’ On ‘Positive Trend’
Mar 16 2009 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on French-based reinsurer SCOR SE and its core guaranteed subsidiaries (collectively SCOR or...
Ratings Recap: Wing Lung, Sagicor, Empyrean Re, ARIG/Takaful, Exchange
Mar 13 2009 // A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and the issuer credit rating to “bbb+” from “a-” of Hong Kong’s Wing...
S&P to Review Sompo, NIPPONKOA Ratings on Merger Plans
Mar 12 2009 // Standard & Poor’s Ratings Services has said that a management consolidation plan between Sompo Japan Insurance Inc. (AA-/Stable/–) and NIPPONKOA Insurance Co. Ltd. (A+/Stable/–) could impact its...
Ratings Recap: UA Indemnity, Dubai Islamic, Eastern Re, Top Layer Re
Mar 10 2009 // A.M. Best Co. has assigned indicative debt ratings of “bbb” to senior unsecured debt, “bbb-” to subordinated securities and “bb+” to preferred stock, which may be issued under United...
Ratings Roundup: Atradius, Catalana, China Group
Mar 6 2009 // Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and insurer financial strength ratings on Atradius Credit Insurance N.V., Atradius Reinsurance Ltd., Atradius Trade Credit...
Ratings Recap: Munich Re, Partner Re, IPC Re [S&P, Best], Vienna, Emirates
Mar 5 2009 // Standard & Poor’s Ratings Services has said that its “ratings and outlook on Germany-based global reinsurer Munich Reinsurance Co. (AA-/Stable/–) and core related entities (collectively Munich Re)...
S&P Downgrades Hartford and Subs; Negative Outlook Assigned
Mar 4 2009 // Standard & Poor’s Ratings Services has lowered its counterparty credit rating on Hartford Financial Services Group Inc. (HIG) to ‘BBB’ from ‘BBB+’ and its counterparty credit and...
S&P Affirms State Farm Ratings, But Revises Outlook to Negative
Mar 4 2009 // Standard & Poor’s Ratings Services has affirmed its ‘AA’ counterparty credit and financial strength ratings on State Farm Mutual Automobile Insurance Co. and all of its core companies, including...
S&P Says Rating Actions on AIG Have No Effect on Transatlantic
Mar 4 2009 // Standard & Poor’s Ratings Services has said that its rating actions on American International Group Inc. and its insurance subsidiaries “have no effect on the ratings on Transatlantic Holdings Inc. (TRH...
Best, S&P See No Change in AIG’s Ratings, But Outlook Remains Negative
Mar 3 2009 // A.M. Best Co. and Standard & Poor’s Ratings Services have both issued statements in relation to American International Group’s announcement of a $61.7 billion fourth quarter loss, and the subsequent...
S&P Says Allianz Ratings, Outlook ‘Unaffected By 2008 Loss’
Mar 2 2009 // Standard & Poor’s Ratings Services has stated that its ratings and outlook on Germany’s Allianz SE (AZSE – rated AA/Stable/A-1+) and various core operating entities “are unaffected by the...
Ratings Recap: CAPCO, Farmers Mutual
Feb 13 2009 // Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on Customer Asset Protection Co. (CAPCO) to ‘B-‘ from ‘BB’. S&P has also removed...
Ratings Recap: Fuji Fire, Munich Re (Mauritius), Ballantyne Re
Feb 13 2009 // A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B++’ (Good) from ‘A-‘ (Excellent) and the issuer credit rating (ICR) to “bbb+” from “a-” of The Fuji Fire...
S&P Affirms XL and Subsidiaries Ratings; Outlook Remains Negative
Feb 12 2009 // Standard & Poor’s Ratings Services has affirmed its ‘BBB+’ counterparty credit rating on XL Capital Ltd. and its ‘A’ counterparty credit and financial strength ratings on XL’s core...
