Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
S&P Lowers MarshMac’s Ratings to ‘A+’ from ‘AA-‘
Jul 8 2004 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit rating on Marsh & McLennan Cos. (MMC) to ‘A+’ from ‘AA-‘ and removed it from CreditWatch. The...
S&P Lowers Italy’s Credit Rating; No Change for Generali
Jul 8 2004 // Standard & Poor’s Ratings Services announced that it has lowered its long-term sovereign credit ratings on the Republic of Italy to “AA-” from “AA”, due to the deterioration of public...
S&P Report Analyzes European Insurers’ Profit Growth
Jul 7 2004 // According to a recent report issued by Standard & Poor’s Rating Services, “Europe’s insurers will continue to face challenges in delivering genuine ‘profitable growth’ over the next few...
S&P Affirms Ratings for Best Meridian Insurance Co. Along with Subsidiary
Jul 7 2004 // Standard & Poor’s Ratings Services affirmed its ‘BBB-‘ counterparty credit and financial strength ratings on Best Meridian Insurance Co. (BMI) and its subsidiary, Best Meridian International...
S&P Affirms Eureko ‘BBB+’ Ratings
Jul 6 2004 // Standard & Poor’s Ratings Services announced that that its “BBB+”-outlook negative – ratings on Netherlands-based insurance group Eureko B.V. are unaffected by the group’s announcement of...
Industry At ‘Point Of Inflection,’ Says Standard & Poor’s
Jul 5 2004 // The insurance industry, now teeter-tottering between a hard and a soft market, “has reached a point of inflection,” said Robert Partridge, Standard & Poor’s managing director, at S&P’s...
CEOs Question Wisdom of Sarbanes-Oxley at S&P Conference
Jul 5 2004 // In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its...
S&P Publishes P/C Insurer Report Card
Jul 5 2004 // Industry-wide price strengthening was a driving factor in the financial results of U.S. property/casualty insurance companies in 2003, according to an industry report card published by Standard & Poor’s Ratings...
Sarbanes-Oxley ‘Stifles Competition,’ Says MetLife CEO
Jul 5 2004 // In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its...
Sarbanes-Oxley ‘Stifles Competition’, Says MetLife CEO
Jul 5 2004 // In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its...
S&P Publishes P/C Insurer Report Card
Jul 5 2004 // Industry-wide price strengthening was a driving factor in the financial results of U.S. property/casualty insurance companies in 2003, according to an industry report card published by Standard & Poor’s Ratings...
S&P Rates Tokio Marine (Singapore) ‘A+’
Jul 2 2004 // Standard & Poor’s Ratings Services announced that it has assigned its ‘A+’ long-term counterparty credit and insurer financial strength ratings to Tokio Marine & Fire Insurance Co. (Singapore)...
S&P Lowers Mercantile Mutual Rating
Jul 1 2004 // Standard & Poor’s Ratings Services announced that it has lowered its insurer financial strength and counterparty ratings on Australian insurer Mercantile Mutual Insurance Ltd. (MMIA) “A+” from...
S&P Affirms AMP Subsidiary Ratings, Ups Outlook
Jun 29 2004 // Standard & Poor’s Ratings Services announced that it has revised the ratings outlook on Australia’s AMP Life Ltd., AMP Group Holdings Ltd., and AMP Bank Ltd. to positive from stable, and affirmed the...
S&P Assigns ‘BBB’ Rating to Bahrain Reinsurer
Jun 23 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB” long-term counterparty credit and insurer financial strength ratings to Bahrain-based reinsurer Arab Insurance Group...
S&P: Reinsurance Backing Increasingly Flimsy, Conference Panelists Say
Jun 21 2004 // Insurance companies are going to find reinsurers less and less reliable as pricing weakens in the U.S. property/casualty market, panelists at Standard & Poor’s Ratings Services Insurance Conference warned last...
S&P Assigns ‘A’ Rating to ACE New Zealand
Jun 18 2004 // Standard & Poor’s Ratings Services announced that it has assigned its ‘A’ insurer financial strength and counterparty credit ratings to the New Zealand-domiciled general insurer, ACE Insurance Ltd....
S&P Affirms Endurance Specialty ‘A-‘ Ratings; Rates $1.8 Billion Offering ‘BBB,’ to ‘BB+’
Jun 17 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB” counterparty credit rating to Endurance Specialty Holdings Ltd. and its preliminary “BBB” senior debt,...
S&P Conference Survey Predicts More Mergers; Confidence in Pres. Bush; Increased Price Competition
Jun 17 2004 // A Standard & Poor’s survey found that two-thirds of insurance executives and analysts believe the recent mergers of St. Pauls/ Travelers and John Hancock/ Manulife indicate heightened industry consolidation...
S&P Publishes P/C Insurer Report Card
Jun 17 2004 // Industry-wide price strengthening was a driving factor in the financial results of U.S. property/casualty insurance companies in 2003, according to an industry report card published by Standard & Poor’s Ratings...
