The COVID-19 crisis cost 16 global multiline insurers about $8 billion in 2020, although they still reported substantial net profit...
S&P Global Ratings News
CNA Financial Corp.’s financial ratings have not been affected by the insurer’s recent cyber attack. AM Best, S&P Global Ratings...
Global property and casualty reinsurers saw “good” rate increases during the January 2021 renewals but they came up short of...
American International Group’s plan to downsize by divesting its Life & Retirement (L&R) business is drawing cautious and wary reactions...
A decade of low interest rates and tough underwriting conditions has led reinsurers to cautiously invest in riskier and more...
Despite the global reinsurance sector’s “robust capital position” and “very high rate rises,” which are expected to “carry on for...
The Lloyd’s market looks unlikely to turn an underwriting profit in 2020 given the pandemic and hurricane season. However, there...
Global insurers have proven resilient during the first wave of the COVID-19 pandemic, as their capital strength has helped stave...
S&P Global Ratings has revised its outlook on Allianz Global Corporate & Specialty SE (AGCS) to negative from stable, while...
S&P Global Ratings has affirmed its “AA-” long-term issuer credit and financial strength ratings for Munich Re and its subsidiaries,...