Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
S&P: No Rating Action on HRH After Lockhart Resignation
May 31 2005 // Standard & Poor’s Ratings Services has indicated that it is not taking any rating action on insurance broker Hilb, Rogal & Hobbs as a result of the company’s announcement that its president and chief...
S&P Raises Ratings on 7 Insurance Holding Companies
May 30 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and debt ratings on seven unregulated insurance and reinsurance holding companies. S&P also raised its...
S&P Raises Euler Hermes Ratings to ‘AA-‘ w/ Negative Outlook
May 27 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on the Core operating subsidiaries of the French credit insurance group...
S&P Assigns Rating of ‘A+’ for ING’s Canadian Subs
May 26 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “A+” long-term counterparty credit and financial strength ratings to the following Canadian subsidiaries of the Netherlands ING...
S&P Affirms Zurich’s ‘A+’ Rating; Off CreditWatch; Outlook Negative
May 24 2005 // Standard & Poor’s Ratings Services announced that it has affirmed its ratings on the various operating entities of Swiss-based composite insurance group Zurich Financial Services (collectively ZFS), including...
S&P Revises NZ’s Simply Insurance Outlook to “Developing”
May 24 2005 // Standard & Poor’s Ratings Services Melbourne office announced that it has revised its rating outlook on Simply Insurance New Zealand Ltd. to developing from stable. The rating remains at...
Zurich Ireland Authorized for European Corporate; S&P Assigns ‘A+’ Rating
May 24 2005 // Zurich Financial Services Group (ZFS) announced today that Zurich Insurance Ireland Limited (ZIIL), formerly Eagle Star Insurance Company (Ireland) Ltd., will become an EU-wide risk carrier for Global Corporate business...
S&P Report: Negative Outlook on Swiss Insurance Market Continues
May 24 2005 // Standard & Poor’s Ratings Services said in a recently published report that it has maintained its negative outlook on the Swiss insurance sector for both property/casualty and life. The report, “Swiss...
S&P Places Russian Insurer on CreditWatch/Negative
May 20 2005 // Standard & Poor’s Ratings Services announced that it has placed its “B-” long-term counterparty credit and insurer financial strength ratings and its “ruBBB-” Russia national scale rating...
S&P Raises Rating on Sweden’s Moderna Sak to ‘BBBpi’
May 18 2005 // Standard & Poor’s Ratings Services announced that it has raised its public information-based (‘pi’) counterparty credit and insurer financial strength ratings on Swedish insurer Moderna...
S&P Analysis of Australia P/C Insurers
May 17 2005 // Standard & Poor’s has published an analysis of the current state of the Australian P/C industry. The rating agency noted: “The softening insurance cycle has entrenched itself in commercial lines in...
S&P Assigns ‘A’ Rating to Hannover Re Debt Issue
May 13 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “A” long-term debt rating to the proposed benchmark size fixed- to floating-rate junior subordinated debt to be issued by...
S&P Reports Munich Re’s ‘A+’ Ratings, Outlook ‘Unaffected’ by Q1 Results
May 12 2005 // Standard & Poor’s Ratings Services announced that its ratings and outlook on Germany’s Munich Reinsurance, (currently “A+”/Stable) and its related entities–collectively known as the...
S&P Raises Sunderland Marine Ratings to ‘BBB+’
May 11 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on U.K.-based insurer Sunderland Marine Mutual Insurance Co. Ltd. (SMMI)...
S&P Assigns Platinum ‘BBB’ Rating
May 11 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB” counterparty credit and senior debt ratings to Platinum Underwriters Holdings Ltd. and its ‘BBB’ debt rating to...
S&P Reports on 5 Bermuda Property Catastrophe Reinsurers
May 10 2005 // Standard & Poor’s Ratings Services has issued a report, entitled “Peer Comparison: Bermuda Property Catastrophe Reinsurers,” which examines the differences between five of the island’s...
GE Med-Mal Unit Sold to Berkshire’s National Indemnity; S&P, Best Comment
May 9 2005 // In a joint bulletin General Electric and Berkshire Hathaway announced that GE Insurance Solutions has entered into a letter of intent for the sale of Medical Protective Corporation (MedPro), a professional liability...
S&P Raises Ratings on Singapore’s Tenet Insurance Co.
May 9 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term insurer financial strength and counterparty credit ratings on Singapore’s Tenet Insurance Co. Ltd. to “BBB” from...
S&P Affirms Casiopea Re ‘A’ Rating
Apr 28 2005 // The Paris office of Standard & Poor’s Ratings Services announced that it has affirmed its “A” long-term counterparty credit and insurer financial strength ratings on Casiopea Re S.A., the wholly...
Eureko Strengthens Ties with Rabobank; S&P Sees No Rating Change
Apr 28 2005 // The Netherlands-based insurer Eureko, the parent company of Achmea, and Holland’s Rabobank Group announced that they are broadening their current co-operation. In a joint announcement the companies said that...
