loan News

Best Sees No Change in MAPFRE RE’s Ratings despite Spain’s Economic Woes

A.M. Best Europe – Rating Services Limited has commented that the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of MAPFRE RE, Compania de Reaseguros, S.A. are unchanged following the recent market volatility surrounding …

ING Wavers on Insurance IPO Plan

ING will not be launching a stock market flotation for its insurance operations any time soon and trade buyers are expressing interest, the Dutch bancassurer said on Thursday. European Commission regulators seeking payback for the state bailout the bank received …

ING to Repay 70% of Dutch State Aid by May 2011

Dutch bancassurer ING outlined plans for the expected early repayment of state aid it received during the credit crunch, further evidence of the Dutch financial sector’s recovery from the crisis. ING said on Monday that by May 2011 it will …

Swiss Re 2010 Net Income up on Buffet Loan Repayment, but Miss Forecasts

Swiss Re struck a note of confidence on its pricing power and hiked its dividend, saying capital had recovered since it turned to U.S. billionaire Warren Buffett for help in the financial crisis. The world’s second-biggest reinsurer’s full-year net income …