One would have thought that the crisis in the European Union, provoked when French and Dutch voters rejected the proposed EU Constitution, might have caused a bit of soul-searching and reassessment on the part of Europe’s leaders. One would be …
Fitch Ratings announced that it has affirmed and removed from Rating Watch Negative the ‘AA’ insurer financial strength (IFS) rating of most of ING Verzekeringen N.V.’s (INV) U.S.-based insurance operating subsidiaries (ING-US). Fitch also affirmed its long-term ratings on INV …
Even though the European Union’s further political integration may have come unstuck with the rejection of the proposed European Consitution by voters in France and the Netherlands (See IJ Website May 30 and June 2), the leaders of some Germany’s …
Ever since the French and the Dutch rejected the proposed European Constitution (See IJ Web site May 30 and June 2), the common currency, the euro, shared by 12 EU member nations, has been having difficulties. It has declined by …
Voters in the Netherlands have overwhelmingly rejected the proposed EU Constitution. Nearly 62 percent of them (participation was around 62.8 percent of eligible voters) expressed their disapproval of the lengthy document. The Dutch rejection comes four days after French voters …
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 ratings on certain debt issues guaranteed by the holding companies. The …
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 Euler Hermes (EH) to “AA-” from “A+.” S&P also raised …
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 Group: Belair Insurance Co. Inc., ING Insurance Co. of Canada, ING Novex …
The Netherlands-based insurer Eureko, the parent company of Achmea, and Holland’s Rabobank Group announced that they are broadening their current co-operation. In a joint announcement the companies said that Interpolis, the insurance arm of the Rabobank Group, is to merge …
A.M. Best Co. and Standard & Poor’s Ratings Services have assigned an “a+” and an “AA-” senior unsecured debt rating respectively to the 500 million euro ($653.4 million) notes due in 2015 launched by Generali Finance B.V. of the Netherlands. …
