Standard & Poor’s Ratings Services announced that its ratings on Assurant Inc. (BBB/Stable/A-2) and its related companies were unaffected by the announcement that Assurant will take a noncash goodwill impairment charge of $306 million (after taxes) for the fourth quarter …
Yesterday Standard & Poor’s Ratings Services announced that it had lowered its sovereign rating on Japan to ‘AA-‘ from ‘AA’. The rating agency followed up that action by announcing that it has also lowered its financial strength ratings and long-term …
A.M. Best Europe – Rating Services Limited has placed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Société Tunisienne de Reassurance (Tunis Re) under review with negative implications. Best said the rating action “reflects …
Standard & Poor’s Ratings Services has published its updated methodology for assessing insurers’ economic capital models on Jan. 24, 2011. S&P said the announced criteria “apply to all the life and health insurers, property and casualty insurers (frequently called non-life …
