Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
S&P Issues Report on Latin American Reinsurance
Jan 5 2005 // Standard & Poor’s Ratings Services has issued a report entitled, “The Latin American Reinsurance Industry: Underdeveloped, With Potential,” which points out that the “underdeveloped Latin...
Commercial Property Market Survives Extraordinary and Ordinary Catastrophes
Jan 3 2005 // The commercial property market took a huge hit from four major hurricanes that struck the U.S. mainland this past year. The full effects may have yet to be felt, however, it looks like commercial property insurers came...
MMC Still on CreditWatch Negative
Jan 3 2005 // S&P announced that its “BBB” long-term counterparty credit and senior debt ratings on Marsh & McLennan Cos. will remain on CreditWatch negative. The decision follows the announcement that MMC closed...
S&P Lowers, Withdraws Best Meridian Ratings
Dec 30 2004 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on Best Meridian Insurance Co. (BMI) and its subsidiary, Best Meridian International...
S&P Sees No Effect on Australian Insurers’ Ratings from Tsunami Losses
Dec 29 2004 // Standard & Poor’s Ratings Services has issued a bulletin stating that it does not expect Australian general insurers to be materially affected by the cost of insurance claims arising from the Indian Ocean...
S&P Rates Tokio Marine Global (U.K.) ‘AA-‘; Stable
Dec 29 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “AA-” insurer financial strength rating to UK-based Tokio Marine Global Ltd. (TMG) with a stable outlook. “The rating on...
S&P Affirms Toa Re (America) ‘AA-‘ Ratings
Dec 28 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “AA-” counterparty credit and financial strength ratings on Toa Reinsurance Co. of America, reaffirmed its negative outlook, and...
S&P Revises Lindsey Morden Outlook to Stable from Negative; Affirms ‘B’ Rating
Dec 23 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on Canada’s Lindsey Morden Group Inc. (LMG) to stable from negative. S&P also said that it has affirmed...
S&P Assigns ‘A’ Rating to Teleco
Dec 23 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “A” insurer financial strength and counterparty credit ratings to Teleco Insurance Ltd. (TIL), a Bermuda-based captive insurer of...
S&P Publishes U.S. P/C Industry ‘Report Card’
Dec 23 2004 // According to a study published today by Standard & Poor’s Ratings Services, the U.S. property/casualty insurance industry has experienced greater ratings stability in 2004, primarily due to improved...
S&P Raises Eureko Group Core Subsidiaries Outlook to Stable; Affirms Ratings
Dec 22 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on all entities of the Netherlands-based Eureko insurance group to stable from negative. At the same time, S&P said it has...
S&P Affirms Hiscox ‘A-‘ Ratings; Outlook Stable
Dec 22 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “A-” long-term counterparty credit and insurer financial strength ratings on U.K.-based P/C insurer Hiscox Insurance Co. Ltd....
S&P Puts ERC, GE Solutions on CreditWatch Negative
Dec 21 2004 // Standard & Poor’s Ratings Services announced that it has placed its “A+” counterparty credit and financial strength ratings on Employers Reinsurance Corp. (ERC), its “A-” counterparty...
S&P Reinstates Korea’s LG Insurance Ratings
Dec 21 2004 // In a brief announcement Standard & Poor’s Ratings Services said it has reinstated its “BBB” financial strength and long-term counterparty credit ratings on Korea’s LG Insurance Co....
S&P SAYS PERSONAL LINES CARRIERS ARE STRONG:
Dec 20 2004 // Fundamentals remain strong for U.S. personal lines insurance carriers, according to a report published by the ratings firm Standard & Poor’s. This is reflected in S&P’s decision to retain a stable...
S&P Keeps MMC on CreditWatch Negative
Dec 16 2004 // Standard & Poor’s Rating Services announced that its “BBB” long-term counterparty credit and senior debt ratings on Marsh & McLennan Cos. (MMC) will remain on CreditWatch negative. The decision...
S&P Assigns ‘BBB-‘ Ratings, Stable Outlook to Czech Insurer CSOB Pojistovna a.s.
Dec 15 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB-” long-term counterparty credit and insurer financial strength ratings to CSOB Pojistovna a.s., the Czech Republic-based...
S&P Says WTC Verdict Won’t Affect Insurer Ratings
Dec 15 2004 // Standard & Poor’s Ratings Services announced that it has reviewed the potential impact of the recent federal jury decision in New York that the 2001 terrorist attack on the World Trade Center was–for...
S&P Raises Co-Operators General Ratings
Dec 15 2004 // Standard & Poor’s Ratings Services today announced that it has raised its long-term counterparty credit and financial strength ratings on Guelph, Ont.-based Co-operators General Insurance Co. (CGIC) to...
S&P Report Concludes Australian P/C Industry Stable
Dec 14 2004 // The credit outlook on Australia’s nonlife insurance industry will remain stable in 2005, despite moderation in earnings, according to Standard & Poor’s Ratings Services latest industry report card on...
