Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
S&P Report Urges Discipline as Reinsurers Adjust Exposure to Cat Risk
Sep 3 2015 // Standard & Poor’s Ratings Services has released a report – “Discipline Is Necessary As Reinsurers Adjust Their Exposure To Catastrophe Risk” – that examines diverging attitudes to...
Reinsurance Price Drops Moderating? Yes and No, Say Rating Agencies
Sep 1 2015 // Two of the property/casualty insurance industry’s ratings entities – Fitch and Standard & Poor’s – do not see eye-to-eye on whether reinsurance price declines are moderating. Fitch sees the downward...
S&P: Reinsurance M&A Will Be Driven by Berkshire Hathaway Model
Aug 28 2015 // Reinsurance M&A activity should continue well into 2016 as competitive pressures continue unabated, Standard & Poor’s said in a new report. The ratings firm said that the Berkshire Hathaways of the world –...
Insurers Unlikely to Be Impaired by Claims From Tianjin Port Explosion: S&P
Aug 21 2015 // Insurers are unlikely to be impaired by the loss claims from the explosions in the Chinese Port of Tianjin last week, according to a report from Standard & Poor’s. “Based on our initial investigation, we...
S&P: ILS Investors Could Get Burned as Covered Perils Expand, Terms Widen
Aug 19 2015 // The catastrophe bond market will continue to grow by 10 to 20 percent per year, driven in part by the increase in covered perils and the broadening of event definitions, according to a report published by Standard &...
S&P Maintains Ironshore on CreditWatch Negative Pending Fosun Approvals
Aug 10 2015 // Standard & Poor’s Ratings Services announced that it has extended its CreditWatch with negative implications on Ironshore Inc. and Ironshore Holdings (U.S.) Inc. for another 90 days. A.M. Best took a similar...
McGraw Hill to Pay $2.2 Billion for SNL Financial
Jul 27 2015 // McGraw Hill Financial Inc. agreed to buy SNL Financial, the financial news and data services provider owned by buyout firm New Mountain Capital, for about $2.23 billion to add content on the banking and insurance...
Supreme Court Opinion to Have No Effect on Health Insurers: S&P
Jul 6 2015 // The Supreme Court opinion upholding current tax subsidies under the Affordable Care Act (ACA) will not have any impact on rated U.S. not-for-profit and for-profit health insurance firms because it continues the current...
Supreme Court Opinion To Have No Effect on Health Insurers: S&P
Jun 25 2015 // Today’s Supreme Court opinion upholding current tax subsidies under the Affordable Care Act (ACA) will not have any impact on rated U.S. not-for-profit and for-profit health insurance firms since it continues the...
Cyber Security – ‘a Fast Growing Emerging Risk’ for Companies – S&P Reports
Jun 10 2015 // “For corporate borrowers, as well as Standard & Poor’s Ratings Services’ assessment of credit quality, cyber risk is a growing source of concern, given the increasing frequency of reported...
S&P Revises Outlook on Fairfax Financial to Stable; Affirms Ratings
May 4 2015 // Standard & Poor’s Ratings Services has revised its outlook on Fairfax Financial Holdings Ltd. to stable from negative. At the same time, we affirmed our ‘BBB-‘ long-term counterparty credit rating on...
Willis Ratings ‘Not Affected’ by Gras Savoye Proposed Acquisition: S&P
Apr 24 2015 // Standard & Poor’s Ratings Services said that its ratings on Willis Group Holdings plc (BBB-/Positive/–) “are not affected by the company’s proposed acquisition of the remaining 70 percent that...
Climate Change to Worsen Nat Cat Impact on Creditworthiness: S&P Report
Apr 21 2015 // Standard & Poor’s Ratings Services has issued a report warning that, “while recent history shows that natural catastrophes may have not been a major rating factor on corporate credit quality in the past,...
How 10% of S&P Firms ‘Reform’ Taxes on Their Own
Apr 15 2015 // When it comes to taxes, corporate America is getting a bit less corporate. And a bit less American. Fueled by a wave of inversions, a record 54 companies in the Standard & Poor’s 500 Index of leading U.S. firms...
Former S&P Europe Insurance Head Clemens Joins Litmus Analysis
Apr 13 2015 // Litmus Analysis announced that Karin Clemens, the former head of S&P’s European insurance rating practice, is joining Litmus. She “will bring even further experience in ratings to the Litmus team, working...
Insurers Face Earnings Growth Challenges in Varying Global Economy: S&P
Mar 31 2015 // When it comes to finding earnings growth in 2015, the challenge facing the global insurance industry will be uneven economic conditions in many parts of the world, according to a report released by Standard &...
S&P Removes AXIS, Partner Re from Credit Watch; Affirms Ratings
Mar 16 2015 // AXIS Capital Holdings Ltd. And PartnerRe Ltd. Ratings Affirmed, Removed From CreditWatch Negative; Outlook Stable Standard & Poor’s Ratings Services announced that it has affirmed its ‘A-‘ long-term...
Platinum’s Ratings Remain on CW Positive Pending RenRe Acquisition: S&P
Feb 25 2015 // Standard & Poor’s Ratings Services has maintained its ‘BBB’ long-term counterparty credit rating on Bermuda-based Platinum Underwriters Holdings Ltd. on CreditWatch with positive implications. S&P...
Reinsurers’ Shopping Spree Won’t Slow Down Falling Rates – S&P Report
Feb 18 2015 // In a recent report Standard & Poor’s Ratings Services said it anticipated further mergers and acquisitions in the global reinsurance industry. The report – “Reinsurers’ Shopping Spree...
