Latest S&P Headlines
All the headlines from our S&P Topic Page, ordered by recency.
AIG Downgraded
Jun 20 2005 // Standard & Poor’s Ratings Services lowered its long-term counterparty credit and senior debt ratings on American International Group Inc. to “AA” from “AA-Plus.” S&P also removed the...
U.S. commercial insurers earn big
Jun 19 2005 // At the midpoint of 2006, many commercial insurers are generating exceptional earnings, according to an article published by Standard & Poor’s Ratings Services. The article, which is titled “U.S. Commercial...
News Currents
Jun 19 2005 // Cat model reassessments cause rating and capital changes Last fall’s disastrous hurricanes provided some rough times for the catastrophe modeling industry. Consequently the principal cat modelers – Applied...
S&P Lowers Channel Re Outlook to Negative; Affirms ‘AAA’ Rating
Jun 16 2005 // Standard & Poor’s Ratings Services announced that it has revised its outlook on Channel Reinsurance Ltd.’s “AAA” financial strength and financial enhancement ratings to negative from...
S&P Conference: With End of Contingent Commissions, Brokers Find Ways to Plug the Hole
Jun 14 2005 // Insurance brokerage executives at Standard & Poor’s insurance conference, “Insurance 2005: Under the Microscope,” expressed confidence Tuesday that brokers would survive the sunset of the...
S&P Assigns ‘BBB’ Rating to Taiwan’s Taian Insurance
Jun 10 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB” long-term insurer financial strength and counterparty credit ratings to Taian Insurance Co. Ltd. with a stable outlook. As...
U.S. Reinsurance Stability ‘Dependent on Parental Support,’ Says S&P
Jun 8 2005 // Standard & Poor’s Ratings Services new assessment of the outlook on the U.S. reinsurance sector finds that it continues to be stable (See related article in “National “), “but only because of...
S&P Mid-Year 2005 Report on Outlook for U.S. Reinsurers – Sector Stable, “But Only Because Of Parental Support”
Jun 8 2005 // Standard & Poor’s Ratings Services has issued its assessment on the U.S. reinsurance sector, which concludes that it remains stable, even though there have been declines in pricing. S&P notes: “The...
S&P Rates Kingsway Notes ‘BBB-‘
Jun 7 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB-” rating to Kingsway ROC GP’s C$125 million (U.S.$100 million) 10-year senior unsecured debt, unconditionally...
Argonaut Group Ratings Raised; Outlook Stable
Jun 7 2005 // Standard & Poor’s Ratings Services announced it raised its counterparty credit rating on San Antonio-based Argonaut Group Inc. to “BBB-” from “BB+.” At the same time, S&P raised its...
S&P Trims AIG Ratings
Jun 3 2005 // Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and senior debt ratings on American International Group Inc. (AIG) to AA from AA-Plus. Standard & Poor’s also removed...
S&P Lowers Ratings of Austrian Insurer UV to ‘A-‘; Outlook Stable
Jun 2 2005 // Standard & Poor’s Ratings Services announced that it has lowered to “A-” from “A” its counterparty credit and insurer financial strength ratings on UNIQA Versicherungen AG (UV) as well as...
S&P: Personal Lines Sector Outlook Stable Despite Market Softening
Jun 2 2005 // After experiencing its worst catastrophe losses ever (about $27 billion) in 2004, the U.S. personal lines insurance sector is showing signs of entering into a softer cycle than the hard one that has dominated the industry...
S&P Lowers Aegon’s Hungarian Sub ‘pi’ Ratings to ‘A-‘
Jun 1 2005 // Standard & Poor’s Ratings Services announced that it has lowered its long-term public information-based (‘pi’) counterparty credit and insurer financial strength ratings on Hungary-based Aegon...
S&P Revises Outlook on Norway’s Bluewater to Positive
May 31 2005 // Standard & Poor’s Ratings Services announced that it has revised its outlook to positive from negative on Norwegian marine insurer Bluewater Insurance ASA, based on an improved view of the company’s...
S&P: No Rating Action on HRH After Lockhart Resignation
May 31 2005 // Standard & Poor’s Ratings Services has indicated that it is not taking any rating action on insurance broker Hilb, Rogal & Hobbs as a result of the company’s announcement that its president and chief...
S&P Raises Ratings on 7 Insurance Holding Companies
May 30 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and debt ratings on seven unregulated insurance and reinsurance holding companies. S&P also raised its...
S&P Raises Euler Hermes Ratings to ‘AA-‘ w/ Negative Outlook
May 27 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on the Core operating subsidiaries of the French credit insurance group...
S&P Assigns Rating of ‘A+’ for ING’s Canadian Subs
May 26 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “A+” long-term counterparty credit and financial strength ratings to the following Canadian subsidiaries of the Netherlands ING...
S&P Affirms Zurich’s ‘A+’ Rating; Off CreditWatch; Outlook Negative
May 24 2005 // Standard & Poor’s Ratings Services announced that it has affirmed its ratings on the various operating entities of Swiss-based composite insurance group Zurich Financial Services (collectively ZFS), including...
