Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
Ratings Roundup: PMA, Radian
Sep 26 2007 // Fitch Ratings has upgraded the Issuer Default Rating (IDR) and senior debt rating of PMA Capital Corp. to ‘BBB-‘ from ‘BB-‘ and to ‘BB+’ from ‘B+’ respectively. Fitch also...
Prospects and pitfalls in a changing global insurance world
Sep 24 2007 // The ‘rest of the world’ offers new opportunities for growth, but not without risk No European City has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in...
Prospects and pitfalls in a changing global insurance world
Sep 24 2007 // No European city has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 million residents have experienced an unprecedented building boom, as the German...
Rating Recap: Taiwan (P/C) Industry
Sep 19 2007 // Standard & Poor’s Ratings Services has released a new report, which examines Taiwan’s P/C insurance sector. S&P said the general outlook is “stable, reflecting the likelihood of continued...
Ratings Roundup: American Family, Patrons Mutual, Crawford & Co.
Sep 19 2007 // Standard & Poor’s Ratings Services has affirmed its ‘A+’ long-term counterparty credit and financial strength ratings on American Family Mutual Insurance Co. (AFMIC) and its wholly owned...
S&P Forecasts ‘Healthy Growth’ for Latin America Reinsurance
Sep 13 2007 // Standard & Poor’s Rating Services has issued a new report in its current series analyzing global reinsurance. The study – “Reinsurance In Latin America, Especially Brazil, Shows Growth Potential...
S&P Comments on Reinsurer’s Diversification Efforts
Sep 12 2007 // In a new report, issued as one of several in conjunction with the annual Reinsurance Rendezvous in Monte Carlo, Standard & Poor’s Ratings Services examines the efforts of global reinsurers to diversify their...
S&P: Bermuda Reinsurance Class Of 2001 Doing Well
Sep 12 2007 // Standard & Poor’s Ratings Services has published a commentary, titled, “Bermuda Class Of 2001: Five Years On,” which examines the present state of recent Bermuda reinsurance...
Ratings Recap: Sovag, Codan, ACE (Hong Kong), Geneva Finance, Ceska
Sep 12 2007 // A.M. Best Co. has affirmed the financial strength rating of “B++” (Good) and the issuer credit rating (ICR) of “bbb” of Germany’s SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft SOVAG...
Ratings Roundup: Agri-Business, Guarantee, Kanawha, HRH
Sep 12 2007 // A.M. Best Co. has placed the financial strength rating (FSR) of “B++” (Good) and the issuer credit rating (ICR) of “bbb” of Texas-based American Agri-Business Insurance Company (AA-BIC) under review...
S&P Sees Stability in Asia-Pacific Reinsurance Markets
Sep 11 2007 // Standard & Poor’s Ratings Services’ new report – “Asia-Pacific Reinsurance Markets Remain Stable Despite Softening” – indicates that ratings on global and domestic reinsurers in the...
S&P Rates Swiss Re Europe ‘AA-‘
Sep 11 2007 // Standard & Poor’s Ratings Services has assigned its ‘AA-‘ counterparty credit and insurer financial strength ratings to Luxembourg-based composite reinsurer Swiss Re Europe S.A. with a stable...
SCOR Takes Over; S&P Rating Actions
Sep 10 2007 // France’s SCOR Group lost no time in taking over operations at newly-acquired Swiss reinsurer Converium AG, and putting its own people in top management positions. Converium’s former executives, including...
S&P Publishes Reinsurance Reports
Sep 10 2007 // Standard & Poor’s Rating Services has issued a series of reports on the global reinsurance industry, timed to appear as the annual Reinsurance Rendezvous opens its doors in Monte Carlo. The meeting, which...
S&P: North American Insurance Holding Cos. Face Challenges
Sep 10 2007 // In a new report – “North American Insurance Holding Companies Brace For Year-End 2007 -” Standard & Poor’s Ratings Services examines the status of the various insurance sectors: life,...
Rating Recaps: Radian, United Fire
Sep 5 2007 // Standard & Poor’s Ratings Services announced that its ‘A’ counterparty credit rating on Radian Group Inc. and its ‘AA’ counterparty credit and financial strength ratings on Radian’s...
Ratings Roundup: PZU, Fortis Corporate
Sep 5 2007 // Standard & Poor’s Ratings Services has issued a release indicating that its ‘A-‘ long-term counterparty credit and insurer financial strength ratings on non-life insurer Powszechny Zaklad Ubezpieczen...
S&P Assigns ‘A Ratings to Unipol, Aurora; Other Actions on Restructuring
Sep 4 2007 // Standard & Poor’s Ratings Services has assigned its ‘A-‘ long-term counterparty credit and insurer financial strength ratings to Compagnia Assicuratrice Unipol SpA (Unipol) and Aurora Assicurazioni...
S&P Revises Congregational & General Outlook on Capital Woes
Aug 30 2007 // Standard & Poor’s Ratings Services has revised its outlook on U.K.-based P/C insurer Congregational & General Insurance PLC to negative from stable, “due to a swift and significant deterioration in...
S&P: Insurers’ Investments ‘On Solid Ground’ Despite Subprime Credit Crisis
Aug 30 2007 // Standard & Poor’s Ratings Services has recently completed a survey covering all the insurance and reinsurance companies it rates globally to determine their exposure to U.S. subprime mortgage-related...
