March 31, 2015
When it comes to finding earnings growth in 2015, the challenge facing the global insurance industry will be uneven economic conditions in many parts of the world, according to a report released by Standard & Poor’s Ratings Services. Entitled “Pursuing …
January 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 strength rating of XL Group and …
October 29, 2014
A doubling in the trust holdings of China’s insurers has prompted ratings companies to warn the industry may be taking on too much shadow banking default-risk. Insurers held 281 billion yuan ($46 billion) of trust products on June 30, surging …
August 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 providing “a detailed perspective on the market, focusing on the competitive pressures that …
July 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 “provide a detailed perspective on the market, focusing on the competitive pressures that …
July 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, face having to take …
June 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 good example of how to …
June 10, 2014
Learning how to manage increasingly complex and evolving risks is essential if property/casualty insurers are to serve the needs of their customers in a changing world. According to analysts and industry executives at Standard & Poor’s Ratings Services’ Insurance 2014: …
May 22, 2014
A report – “Dealing With Disaster: How Companies Are Starting To Assess Their Climate Event Risks” – from Standard & Poor’s London office points out that the “increasing frequency of extreme weather events such as flooding, intense storms, heat waves, …
January 22, 2014
Standard & Poor’s latest report – “Past The Tipping Point: Competition And Soft Pricing Could Lead To Rating Pressure For Global Reinsurers” – on the state of the global reinsurance sector, notes that “reinsurers are experiencing increased competition and curtailed …