Reinsurance Sector Can Expect More Negative Rating Actions over Next Year: S&P September 9, 2020 By Adrian Leonard Despite the global reinsurance sector’s “robust capital position” and “very high rate rises,” which are expected to “carry on for...
S&P Says Underwriting in Lloyd’s Market Continues to Improve August 21, 2020 The Lloyd’s market looks unlikely to turn an underwriting profit in 2020 given the pandemic and hurricane season. However, there...
Second Wave of Coronavirus Lockdowns Could Weaken Insurers’ Capital Buffers: S&P July 14, 2020 Global insurers have proven resilient during the first wave of the COVID-19 pandemic, as their capital strength has helped stave...
S&P’s Outlook for AGCS Revised to Negative on ‘Weak Underwriting Performance’ June 18, 2020 S&P Global Ratings has revised its outlook on Allianz Global Corporate & Specialty SE (AGCS) to negative from stable, while...
S&P Affirms Munich Re’s ‘AA-‘ Ratings, Reflecting Sufficient Capital for COVID-19 Crisis May 29, 2020 S&P Global Ratings has affirmed its “AA-” long-term issuer credit and financial strength ratings for Munich Re and its subsidiaries,...
Insurers’ Pause of Dividends Likely Shows Caution, Rather Than Credit Risks: S&P April 17, 2020 Some global regulators are advising insurers to suspend dividend payments in response to the COVID-19 pandemic. If insurers do, they...
COVID-19 Pandemic Threatens Gulf Insurers’ Earnings: S&P Report April 2, 2020 The fallout from the coronavirus pandemic and tumbling oil prices threaten the earnings of insurers in the Gulf, S&P Global...
Aon to Buy Willis Towers Watson March 9, 2020 Global insurance brokers Aon and Willis Towers Watson announced a definitive agreement to combine in an all-stock transaction with an...
Swiss Re Will Absorb Poor 2019 Earnings, Says S&P February 21, 2020 S&P Global Ratings said that even though Swiss Re performed materially below expectation for its 2019 earnings, the ratings agency...
S&P Assigns A- Rating to Fidelis Insurance Units; Holding Company at BBB December 19, 2019 Noting the proven track record of its management team and strong top-line growth in a five-year time frame, S&P Global...