All the headlines from our S&P Topic Page, ordered by recency.
Dec 21 2001 // Standard & Poor’s announced that it had lowered its rating on Liberty Mutual Insurance Co. and most of its operating entities – for the most part from double-‘A’-minus to...
Dec 20 2001 // Standard & Poor’s affirmed its ratings on French reinsurer SCOR and its subsidiaries and removed them from CreditWatch. It also assigned a triple-‘B’-minus counterparty credit rating to Alea Group...
Dec 19 2001 // Negative trends in the U.S. Personal Lines Insurance Industry, such as the deterioration in earnings, capitalization, and pricing adequacy, could begin to see a turn around in 2002, Standard & Poor’s points out...
Dec 19 2001 // Standard & Poor’s and A.M. Best have both given high ratings to new debt issues from Germany’s Allianz Group.S&P assigned its ‘A-1’-plus short-term debt rating to Allianz Finance...
Dec 17 2001 // Standard & Poor’s lowered its various ratings on Atlantic Mutual Insurance Co. and its subsidiaries. At the same time, S&P revised its outlook on these companies to stable from negative. The ratings actions...
Dec 17 2001 // Standard & Poor’s affirmed its ratings on Marsh & McLennan Companies (MMC). The outlook has been revised to stable from negative. The rating actions reflect the diversity and strength of MMC’s various...
Dec 14 2001 // Standard & Poor’s has affirmed its ratings on Holland’s ING GROEP N.V., its insurance operations ING Verzekeringen NV (INGV), ING Bank NV and other group subsidiaries. Long term ratings are...
Dec 13 2001 // Following up its previous announcement (See IJ Website Dec. 5) Standard & Poor’s reaffirmed its mostly single-‘A’-minus ratings on the ACE Group of companies, while A.M. Best affirmed its A+...
Dec 13 2001 // Standard & Poor’s affirmed its long-term double-‘A’-minus counterparty credit and insurer financial strength ratings on Cornhill Insurance PLC, the U.K. subsidiary of Germany’s Allianz...
Dec 7 2001 // The direct exposure of U.S. insurers’ asset portfolios to securities issued by Enron Corp. (Enron) and its affiliates, estimated at more than $3.5 billion as of this date, is not likely in itself to have a negative...
Dec 5 2001 // New York’s Atlantic Mutual Insurance Co. announced that it is expanding Internet related coverage to protect against losses caused by identity fraud, theft of credit card numbers, computer viruses and losses to...
Dec 5 2001 // Standard & Poor’s removed ACE Limited and its operating units from CreditWatch and affirmed single-‘A’-minus ratings for most of them following its review of the Group’s finances after it...
Dec 5 2001 // Standard & Poor’s affirmed its ratings on Marsh & McLennan Companies (MMC). The outlook has been revised to stable from negative.The rating actions reflect the diversity and strength of MMC’s various...
Dec 5 2001 // Standard & Poor’s assigned its “BBBpi-” financial strength rating to Rocky Mountain Fire & Casualty Co.The rating reflects the company’s extremely strong capitalization and strong...
Dec 3 2001 // Standard & Poor’s lowered its counterparty credit and financial strength ratings on BancInsure Inc. to “A-” from “A”. The outlook is stable. The downgrade is based on the company’s...
Nov 29 2001 // Standard & Poor’s assigned its single-‘A’-minus long-term counterparty and insurer financial strength ratings to Finnish insurer Sampo Industrial Holdings Insurance Co., the nonlife subsidiaries of...
Nov 26 2001 // Standard & Poor’s removed from CreditWatch and lowered its counterparty credit and senior debt ratings on New Jersey-based Chubb Corp. to “AA-” from “AA+,” its preferred stock rating to...
Nov 26 2001 // S&P lowered the counterparty credit rating and insurer FSR on U.K. insurer Royal & Sun Alliance and various operating entities from “AA” to “A+,” and has removed them from its...
Nov 26 2001 // S&P lowered its counterparty credit and financial strength ratings on Prudential Property & Casualty Insurance Co. of Indiana (PRUPAC) to “A” from “A+.” The outlook is stable.The rating...
Nov 19 2001 // Standard & Poor’s has affirmed its single-‘A’- minus counterparty credit and senior unsecured debt ratings on the Netherlands-based insurer Eureko B.V., and has rated its principle subsidiaries in...