Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
S&P Notes Rise in Islamic Compliant (Takaful) Insurance
Feb 1 2006 // The London office of Standard & Poor’s Ratings Services has issued two reports on the increasing volume of insurance business in the Middle East and North Africa (MENA), which, for S&P, raises the question...
S&P Maintains Positive Outlook on NZ’s Simply Insurance
Jan 31 2006 // Standard & Poor’s Ratings Services announced that its “B” insurer financial strength rating on Simply Insurance New Zealand Ltd. remains on CreditWatch with positive implications. S&P explained...
S&P Lowers Skandia Ratings to ‘A-‘
Jan 30 2006 // Standard & Poor’s Ratings Services announced that it has lowered its long-term counterparty credit rating on Swedish long-term savings provider Skandia Insurance Co. Ltd. to ‘A-‘ from...
Fitch Puts China’s CIIH Ratings on Watch-Negative; S&P Comments
Jan 27 2006 // Fitch Ratings announced that it has placed China Insurance International Holding Co. Ltd.’s (CIIH) long-term rating of “BBB-” and the senior debt rating of “BBB-” assigned to the guaranteed...
S&P Rates Endurance Debt Issue
Jan 27 2006 // Standard & Poor’s Ratings Services announced that it has assigned its preliminary “BBB” senior debt, “BBB-” subordinated debt, “BB+” junior subordinated, and “BB+”...
S&P Rates ACE Debt Issue
Jan 24 2006 // Standard & Poor’s Ratings Services announced that it has assigned its preliminary “BBB+” senior debt, “BBB” subordinated debt, “BBB-” junior subordinated debt, and...
S&P Sees ‘Little Impact’ on Ratings from Hurricane Estimate Differences
Jan 24 2006 // A self-descriptive article from Standard & Poor’s Ratings Services -“Increases In Hurricane Loss Estimates To Have Little Impact On Insurer Ratings -” clarifies some questions concerning the actual...
S&P Affirms Hannover Re, Clarendon Ratings; Off CreditWatch
Jan 23 2006 // Standard & Poor’s Ratings Services announced that it has “affirmed its long-term counterparty credit and insurer financial strength ratings on Hannover Rückversicherung-AG and its core entities...
Global Catastrophe Reinsurance Price Increases Lower Than Expected
Jan 23 2006 // Although the overall market trends in both pricing and terms and conditions will not be fully developed until the July 1, 2006, Florida renewals are complete, and Standard & Poor’s says it is concerned that the...
Personal lines looking fine, thanks to fewer accidents and price changes
Jan 23 2006 // The year 2005 is looking like it was a relatively good one with solid financial news for property casualty insurers overall, despite record catastrophe losses, and 2006 could bring even better news, according to analysts...
S&P Reports on Japan Captives
Jan 23 2006 // According to a new report – “Tighter Regulations Spark Rating Demand In Japan’s Growing Captive Insurer Market” – published by Standard & Poor’s Ratings Services; more attention is...
Personal lines looking fine, thanks to fewer accidents and price changes
Jan 22 2006 // I.I.I. JOINT P/C FORUM: Outside Looking In – Left to right: V.J. Dowling, Dowling & Partners Securities; Mark Puccia, Standard & Poor’s; David Schiff, Schiff’s Insurance Observer; Brian P....
S&P Sees European Securitizations Gaining Acceptance
Jan 19 2006 // Standard & Poor’s newly issued report on Corporate Securitizations notes that these types of transactions are gaining increasing acceptance as a capital management tool by European insurers, with Swiss Re and...
S&P Affirms Winterthur’s ‘A-‘ Rating
Jan 18 2006 // Standard & Poor’s Ratings Services announced that it has affirmed its “A-” long-term counterparty and insurer financial strength ratings on Winterthur Swiss Insurance Co. with a stable...
S&P Lowers Cassiopea Re’s Ratings to ‘BBB+; Withdrawn at Company Request
Jan 16 2006 // Standard & Poor’s Ratings Services announced that it has lowered its long-term counterparty credit and insurer financial strength ratings on Luxembourg-based reinsurer Casiopea Re S.A. to “BBB+” from...
S&P Survey of Australia NZ Market Notes M&A Activity; Rating Changes
Jan 16 2006 // Standard & Poor’s Ratings Services has issued a report which notes: “Rating actions picked up noticeably in Australia and New Zealand in 2005, as merger and acquisition (M&A) activity intensified and...
S&P Assigns ‘BBB+’ Rating to Germany’s VHV Holding
Jan 12 2006 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB+” long-term counterparty credit rating to Germany’s VHV Holding with a stable outlook. S&P said: “The...
S&P Calls 2005 ‘a Good Year’ for European Insurers, Despite Losses
Jan 11 2006 // A report published by Standard & Poor’s Ratings Services, “Industry Report Card: European Insurance,” notes that “despite the large losses related to hurricanes Katrina, Rita, and Wilma, 2005...
S&P Assigns Mitsubishi’s New Century ‘A-‘ Rating; CreditWatch Positive
Jan 10 2006 // Standard & Poor’s Ratings Services announced from its Tokyo office that it has assigned its “A-” insurer financial strength rating to New Century Insurance Co. Ltd. and placed the rating on...
S&P Keeps Unipol on CreditWatch
Jan 10 2006 // In a comment on its CreditWatch placement of Italian insurer Compagnia Assicuratrice Unipol SpA (Unipol), Standard & Poor’s Ratings Services commented that its “A-” long-term counterparty credit and...
