Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
S&P Rates Munich Re Mauritius ‘BBB’
Nov 9 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB” long-term counterparty credit and insurer financial strength ratings to Munich Mauritius Reinsurance Co. Ltd. (Munich Re...
Talanx in Talks to Acquire Gerling’s Primary Operations; S&P, Best Place Ratings Under Review
Nov 9 2005 // Germany’s Talanx AG, which among other interests holds a 51 percent stake in Hannover Re (and consequently Clarendon in the U.S.), is currently in “advanced talks” to acquire the Gerling Group’s...
S&P Raises White Mountains Ratings to ‘BBB’; Outlook Stable
Nov 8 2005 // Standard & Poor’s Ratings Services announced that it has raised to “BBB” from “BBB-” its counterparty credit and senior debt ratings on White Mountains Insurance Group Ltd. (WTM) and Fund...
S&P Study Finds Latin American Insurers Improve Performance
Nov 4 2005 // Overall, Latin American insurance companies are working to improve underwriting results and improve performance, says a report released by Standard & Poor’s Ratings Services titled, “The Evolution Of...
S&P Assigns Russia Reinsurer Ratings
Oct 27 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “B+” long-term counterparty credit and insurer financial strength ratings to Russia-based reinsurer RESO-Re. S&P also...
S&P Issues Upbeat Report on Latin American Insurers
Oct 27 2005 // Standard & Poor’s Ratings Services has issued a new, and quite positive, report – “Top 50 Latin American Insurers Show Improving Fundamentals.” The rating agency cited “the growing...
S&P Keeps IPC on CreditWatch
Oct 27 2005 // Standard & Poor’s Ratings Services announced that its “BBB+” counterparty credit rating on IPC Holdings Ltd. (IPCR), and its “BBB-” preliminary preferred stock rating on IPCR’s...
S&P Affirms PartnerRe ‘A’ Ratings
Oct 27 2005 // Standard & Poor’s Ratings Services announced that it has affirmed its “A” counterparty credit rating on Bermuda-based reinsurer PartnerRe Ltd. (PRE). S&P also affirmed its “AA-”...
S&P Affirms CIRe ‘A-‘ Ratings
Oct 26 2005 // Standard & Poor’s Ratings Services announced from its Hong Kong office that it has affirmed its “A-” insurer financial strength and counterparty credit ratings on China International Reinsurance Co....
S&P Evaluates Effect of EU Regulations on Europe’s Insurers
Oct 24 2005 // Standard & Poor’s Ratings Services has published a study of the effects of new regulations on European insurers, which concludes that the regulations and structural developments within the sector “are...
S&P Sees No Effect on Fireman’s Fund Ratings After Reserve Increase
Oct 24 2005 // Standard & Poor’s Ratings Services has issued a statement on Fireman’s Fund Insurance Co.’s announcement that it is increasing its asbestos reserves and reserves for uncollectible reinsurance related...
S&P Comments on Wilma’s Potential Impact on Florida Coverage
Oct 24 2005 // A statement, issued by Standard & Poor’s Ratings Services, notes that Florida has already sustained about $1 billion in insured losses during the current hurricane season. Hurricane Wilma is expected to hit...
S&P Withdraws Ratings of Atradius Subs Following Consolidation
Oct 21 2005 // Standard & Poor’s Ratings Services announced that it has withdrawn its “A” long-term counterparty credit and insurer financial strength ratings on German-based insurer Atradius Kreditversicherung AG...
S&P Rating Action on Odyssey Re
Oct 18 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “BB” preferred stock rating to Odyssey Re Holding Corp.’s $50 million Series A and $50 million Series B perpetual preferred...
S&P Affirms AXA Re ‘AA-” Ratings
Oct 18 2005 // Standard & Poor’s Ratings Services announced from its Paris Office that it has affirmed its “AA-” insurer financial strength ratings on French reinsurer AXA Re and its subsidiaries Compagnie...
S&P Affirms R&SA ‘A-‘ Ratings
Oct 14 2005 // Standard & Poor’s Ratings Services announced that it has affirmed its “A-” long-term counterparty credit and insurer financial strength ratings on the main operating entities of the U.K.’s...
S&P Raises If P&C Ratings to ‘A’
Oct 12 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on Sweden-based If P&C Insurance Ltd. (publ) and Finland-based If...
S&P Assigns IPC Holdings ‘BBB+’ Rating – CreditWatch/Negative
Oct 12 2005 // Standard & Poor’s Rating Services announced that it has assigned its “BBB+” counterparty credit rating to IPC Holdings Ltd. and placed the rating on CreditWatch with negative implications. The...
Austrian Insurers Need Better Risk Assessment Says S&P
Oct 11 2005 // Despite the fact that the Austrian insurance industry came off “relatively lightly from the recent summer floods,” Standard & Poor’s Ratings Services said it “believes the event reinforces the...
S&P Finds ‘Positive Trends’ in European Insurance Market
Oct 11 2005 // Standard & Poor’s Ratings Services has published its quarterly analysis of the leading European insurers, entitled “Industry Report Card: European Insurance.” S&P found that positive trends in...
