All the headlines from our S&P Topic Page, ordered by recency.
Dec 22 2015 // Standard & Poor’s Ratings Services has revised its outlook on the global multiline insurer XLIT Ltd. and its operating companies (collectively XL) to positive from stable.S&P has also affirmed its...
Dec 21 2015 // Standard & Poor’s Ratings Services has affirmed its ‘AA-‘ insurer financial strength rating and ‘AA-/A-1+’ long- and short-term counterparty credit ratings on Swiss-based global multiline...
Nov 13 2015 // Cooper Gay Swett & Crawford (CGSC), the U.K.-based global wholesale, underwriting management and reinsurance broking group, announced today that, following a strategic review of its group businesses, the company will...
Nov 5 2015 // Bonds sold by Mexico to shield it from the cost of repairing hurricane damage are closer to paying out after the biggest storm ever measured in the Americas struck the country last month, Standard & Poor’s...
Oct 6 2015 // It’s a tough time for reinsurers — “pricing is soft, regulators continue to raise the bar, capital is at record highs, competition is increasing, and reinsurers are constantly looking for ways to remain...
Oct 1 2015 // Standard & Poor’s sees a number of specialty insurers as potential takeover targets by both rival carriers and investors seeking to expand in the segment, thanks to stellar operating performance versus the P/C...
Oct 1 2015 // Verisk Analytics Inc., the provider of data to insurers and banks, was named to join the Standard & Poor’s 500 Index after the company’s market value passed $12 billion on a share rally and expansion...
Sep 7 2015 // Standard & Poor’s predicts a major jump in demand for cyber insurance in the coming years, with interest initially outstripping supply. U.S. insurers will respond gradually, however, entering the market with...
Sep 7 2015 // As recently as two years ago, only half of the top 10 carriers writing cyber insurance had purchased cyber coverage themselves, a broker specialist said recently.During an interview at the Standard & Poor’s 2015...
Sep 3 2015 // Standard & Poor’s Ratings Services has released a report – “Discipline Is Necessary As Reinsurers Adjust Their Exposure To Catastrophe Risk” – that examines diverging attitudes to...
Sep 1 2015 // Two of the property/casualty insurance industry’s ratings entities – Fitch and Standard & Poor’s – do not see eye-to-eye on whether reinsurance price declines are moderating.Fitch sees the downward...
Aug 28 2015 // Reinsurance M&A activity should continue well into 2016 as competitive pressures continue unabated, Standard & Poor’s said in a new report.The ratings firm said that the Berkshire Hathaways of the world –...
Aug 21 2015 // Insurers are unlikely to be impaired by the loss claims from the explosions in the Chinese Port of Tianjin last week, according to a report from Standard & Poor’s.“Based on our initial investigation, we...
Aug 19 2015 // The catastrophe bond market will continue to grow by 10 to 20 percent per year, driven in part by the increase in covered perils and the broadening of event definitions, according to a report published by Standard &...
Aug 10 2015 // Standard & Poor’s Ratings Services announced that it has extended its CreditWatch with negative implications on Ironshore Inc. and Ironshore Holdings (U.S.) Inc. for another 90 days. A.M. Best took a similar...
Jul 27 2015 // McGraw Hill Financial Inc. agreed to buy SNL Financial, the financial news and data services provider owned by buyout firm New Mountain Capital, for about $2.23 billion to add content on the banking and insurance...
Jul 6 2015 // The Supreme Court opinion upholding current tax subsidies under the Affordable Care Act (ACA) will not have any impact on rated U.S. not-for-profit and for-profit health insurance firms because it continues the current...
Jun 25 2015 // Today’s Supreme Court opinion upholding current tax subsidies under the Affordable Care Act (ACA) will not have any impact on rated U.S. not-for-profit and for-profit health insurance firms since it continues the...
Jun 10 2015 // “For corporate borrowers, as well as Standard & Poor’s Ratings Services’ assessment of credit quality, cyber risk is a growing source of concern, given the increasing frequency of reported...
May 4 2015 // Standard & Poor’s Ratings Services has revised its outlook on Fairfax Financial Holdings Ltd. to stable from negative. At the same time, we affirmed our ‘BBB-‘ long-term counterparty credit rating on...