Spain News

Ratings Recap: Mapfre (Debt); MBF

Standard & Poor’s Ratings Services has assigned its “A-” long-term debt rating to the proposed 30-year, subordinated, unsecured, callable notes...

S&P Lowers Mapfre Ratings

Standard & Poor’s Ratings Services has lowered its long-term counterparty credit rating on Spain’s insurance holding company Mapfre S.A. to...

ACE Europe Management Moves

The ACE European Group has announced some changes to its Continental European country management with immediate effect, as follows: Jeff...

Ratings Roundup: Ocaso

A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa-” of...

FSA Approves ACE UK Life Co.

ACE Limited has received approval from the UK’s Financial Services Authority to establish a London-based life assurance company, ACE Europe...

S&P Rates AXA Securitization

Standard & Poor’s Ratings Services has assigned preliminary credit ratings to the €411.6 million ($551 million) asset-backed floating-rate notes to...

AXA Launches 2nd Motor Securitization

France’s AXA Group has launched its second securitization of motor insurance risks based on individual motor policies underwritten by its...

People

National Insurance Partners Inc. (NIP), a Texas-based risk management and financial solutions firm, has appointed William E. Harrison, Jr. as...