S&P Will Issue ‘Environmental, Social and Governance’ Evaluations Including on Insurance Sector April 18, 2019 By Don Jergler If you’re among those who regard “environmental, social and governance” as just another in a long line of trendy buzz-phrases,...
Sirius Int’l Is Insulated from Liquidity Issues at Chinese Parent Firm CMIG: S&P February 12, 2019 Reported liquidity issues at China Minsheng Investment Group (CMIG), the ultimate owner of Sirius International Group, will not affect Sirius...
Texas’ Hochheim Mutual Insurers Removed From Credit Watch Negative November 19, 2018 S&P Global Ratings has removed Texas-based Hochheim Prairie Farm Mutual Insurance Assn. (HPFMIA) and its subsidiary, Hochheim Prairie Casualty Insurance...
S&P Says Insurers and Reinsurers Can Absorb Losses from California Wildfires November 16, 2018 S&P Global Ratings expects both the primary insurers and reinsurers to be able to absorb losses from the California wildfires,...
No-Deal Brexit Could Push UK into Lengthy Recession, Warns S&P October 31, 2018 By Andy Bruce A no-deal Brexit would be likely to tip Britain into a recession as long as the downturn that followed the...
UK Heading for ‘Acrimonious and Disruptive’ No-Deal Brexit: Fitch October 27, 2018 Ratings agency Fitch said on Friday it no longer assumed that Britain would leave the European Union in a smooth...
Japanese Typhoons Put Downward Pressure on Creditworthiness of Insurers: S&P October 4, 2018 The recent run of large natural disasters to hit Japan likely has put downward pressure on the creditworthiness of the...
S&P Probes If Reinsurers Are Ready for Another Year of Active Natural Disasters August 1, 2018 By L.S. Howard After global insured natural catastrophe losses hit record highs in 2017, will reinsurers be able to withstand another year of...
S&P Places AXA on CreditWatch Negative over Its Plans to Buy XL Group for $15.3B March 7, 2018 S&P Global Ratings placed France’s AXA on CreditWatch with negative implications over its planned $15.3 billion purchase of XL Group...
January Renewals Saw Rate Hikes of Up to 5%, with More Expected: S&P January 25, 2018 Global reinsurance pricing in aggregate was flat to up about 5 percent during the January 2018 renewals, and more price...