Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
Affordable Care Act Startups in Poor Financial Health
Feb 10 2015 // Obamacare’s startup health insurance plans are flirting with financial distress, as all but five of the 23 nonprofit companies had negative cash flow from operations in the first three quarters of 2014, Standard...
Proposed XL Acquisition of Catlin Gets Review From Rating Agencies
Jan 12 2015 // A.M. Best and Standard & Poor’s have weighed in with their comments about XL Group’s announced agreement to acquire Catlin Group Ltd. for $4.1 billion in cash and stock. A.M. Best placed the financial...
Revised TRIA Law Could Harm Small Insurers, Warns S&P
Jan 11 2015 // Standard & Poor’s offered a note of caution about the reauthorization of the federal terrorism reinsurance program, warning that changes made by Congress to boost co-insurance and deductibles could hurt small...
Litmus Analysis on S&P’s Decision to Withdraw ‘Public Information’ Ratings
Nov 6 2014 // A report from London-based Litmus Analysis examines the decision by Standard & Poor’s to withdraw “its entire North American and EMEA ‘pi’ (public information based) insurance ratings. This...
Litmus: More Bearish Ratings Expected for Reinsurance Sector
Oct 21 2014 // Since January the rating agencies have become increasingly negative on their outlook for ratings in the reinsurance sector overall, while in practice affirming or even increasing individual reinsurer* ratings. Standard and...
S&P: Global Multiline Insurers’ Credit Quality to Stay Strong in 2015
Oct 21 2014 // Global multiline insurers (GMI) continue to show strong credit quality, according to Standard & Poor’s Ratings Services. S&P provided an overview of the GMI sector in an article titled “Global Multiline...
S&P to Publish Annual ‘Global Reinsurance Highlights’ Report
Sep 10 2014 // Standard & Poor’s Ratings Services will publish its annual “Global Reinsurance Highlights” publication to coincide with the 2014 Reinsurance Rendezvous in September. It will provide a detailed...
S&P Report Warns Reinsurers Not to Ignore Global Impact of Climate Change
Sep 3 2014 // Standard & Poor’s Ratings Services has announced the publication of its annual “Global Reinsurance Highlights” to coincide with the 2014 Reinsurance Rendezvous in September. S&P said the...
S&P Lowers Cooper Gay Swett & Crawford Ratings to ‘B-‘; Outlook Stable
Sep 2 2014 // Standard & Poor’s Ratings Services has lowered its long-term corporate credit rating on London-based global wholesale and reinsurance broker, Cooper Gay Swett & Crawford (CGSC) to ‘B-‘ from...
S&P Report Urges ‘Disaster Resilience’ with Governments for Reinsurers’ Growth
Aug 28 2014 // Standard & Poor’s Rating Services announced the publication of its “Global Reinsurance Highlights” to coincide with the 2014 Reinsurance Rendezvous in September. S&P described the report as...
QBE Wins Time for Cleanup as Plan Reduces Risk: Australia Credit
Aug 27 2014 // QBE Insurance Group Ltd.’s John Neal is shoring up the insurer’s balance sheet by selling shares and assets. He still has work to do convincing bond investors that business is improving after three profit...
Tough Competition Could Pressure Global Reinsurers Ratings: S&P Report
Aug 15 2014 // Standard & Poor’s Ratings Services announced that it will publish its annual “Global Reinsurance Highlights” to coincide with the 2014 Reinsurance Rendezvous in September. The report “will...
S&P Report Finds Volume Increases as Prices Drop in the ILS Market
Jul 29 2014 // Standard & Poor’s Ratings Services will publish its annual “Global Reinsurance Highlights” publication to coincide with the 2014 Reinsurance Rendez-Vous in September. S&P said the report would...
S&P Raises Liberty Mutual’s Ratings; Outlook Revised to Stable on NICO Deal
Jul 21 2014 // Standard & Poor’s Ratings Services announced that it has raised its ratings on Liberty Mutual Insurance Co. to ‘A/A-1’ from ‘A-/A-2’, as well as its ratings on parent company Liberty...
S&P Scores Global P/C Reinsurance Sector Risk As ‘Intermediate’
Jul 21 2014 // Standard & Poor’s Ratings Services has issued an intermediate insurance industry and country risk assessment (IICRA) score on the global property and casualty reinsurance sector. The report “Insurance...
Why Isn’t Current Pricing Pain Impacting Reinsurers’ Ratings? – Litmus Analysis
Jul 16 2014 // Since the disappointing pricing at the 1.1. renewal the bad news on reinsurance pricing has kept on coming. April, June and July renewals were all reported as materially down by the major brokers. S&P adopted a...
S&P Affirms Argo Group US & Operating Companies Ratings; Outlook Stable
Jul 16 2014 // Standard & Poor’s Ratings Services has revised its outlook on U.S.-based intermediary holding company Argo Group US Inc. (AGUS) and its U.S. operating subsidiaries to stable from negative. S&P also affirmed...
S&P Green Lighting Climate Risk Mitigation
Jul 10 2014 // How a company manages its risk in the face of a changing global climate is slated to become an ever-greater factor in a company’s worth. Today’s business leaders, whether or not they believe in climate change,...
Climate Change Bottom-Line Talk Grows, S&P Director Says
Jul 7 2014 // Companies and governments worldwide are changing their behaviors and examining their risks in the face of climate change, a managing director for Standard & Poor’s said, holding up the insurance industry as a...
Climate Change Bottom-Line Talk Grows, S&P Director Says
Jun 18 2014 // Companies and governments worldwide are changing their behaviors and examining their risks in the face of climate change, a managing director for Standard & Poor’s said as he held up the insurance industry as a...
