All the headlines from our S&P Topic Page, ordered by recency.
Dec 7 2009 // Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and insurer financial strength ratings on United Arab Emirates (UAE)-based composite insurer Oman Insurance Co. (PSC) to...
Nov 23 2009 // Standard & Poor’s Ratings Services has raised its counterparty credit and financial strength ratings on Crum & Forster Insurance Co. and related entities to ‘A-‘ from ‘BBB+’....
Nov 5 2009 // Standard & Poor’s Ratings Services has placed its ratings on Berkshire Hathaway Inc. (BRK) and various affiliates on CreditWatch with negative implications following the company’s announcement that it will...
Nov 4 2009 // A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from’ B++’ (Good) and issuer credit ratings to “a-” from “bbb+” of Arbella Insurance Group and...
Nov 4 2009 // Standard & Poor’s Ratings Services has revised its outlook on Bermuda-based reinsurer Harbor Point Re Ltd. and its U.S.-based subsidiary Harbor Point Reinsurance U.S. Inc. to stable from negative. S&P also...
Oct 27 2009 // Standard & Poor’s Ratings Services announced various rating actions on ING Groep N.V. and subsidiaries, following completion of the European Commission (EC) investigation into state aid [See IJ web site –...
Oct 21 2009 // Standard & Poor’s Rating Services is refining and adapting its methodology for assessing insurance companies’ enterprise risk management (ERM), as set out in a recently published article, “Expanded...
Oct 19 2009 // Standard & Poor’s Ratings Services announced that “there’s no impact on the ratings on Bermuda-based insurance and reinsurance holding company AXIS Capital Holdings Ltd. (A-/Stable/—) and...
Oct 13 2009 // Standard & Poor’s Ratings Services has assigned its ‘A’ counterparty credit and financial strength ratings to Endurance American Insurance Co. (EAIC), American Merchants Casualty Co. (AMCC), and...
Oct 1 2009 // A.M. Best Co. has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating of “a” to Chicago-based Starr Surplus Lines Insurance Company, a wholly owned subsidiary of...
Sep 28 2009 // Standard & Poor’s Ratings Services has lowered its unsolicited long-term counterparty credit and senior unsecured debt ratings on Toronto-based specialty insurance provider Kingsway Financial Services Inc. to...
Sep 23 2009 // A.M. Best Co. has assigned a debt rating of “a-” to the new issuance of $300 million 7.35 percent 10-year senior unsecured notes of W. R. Berkley Corporation, and has assigned them a stable outlook. Proceeds...
Sep 23 2009 // Standard & Poor’s Ratings Services has revised its outlook on Willis Group Holdings Ltd. to stable from negative, and has affirmed our ‘BBB-‘ counterparty credit and senior unsecured debt ratings on...
Sep 16 2009 // XL Capital Ltd announced that the Company and its Chief Financial Officer, Brian Nocco, have agreed that he will leave XL effective after year end.Nocco has served as XL’s CFO since July 2007. He has agreed to remain...
Sep 9 2009 // Neither Standard & Poor’s Ratings Services, nor A.M. Best anticipate any changes in their ratings on Toronto-based Fairfax Financial Holdings Ltd. As a result of the Company’s announced decision to acquire...
Sep 9 2009 // Standard & Poor’s Ratings Services has lowered its counterparty credit rating on Bermuda-based IPC Holdings Ltd. to ‘BBB-‘ from ‘BBB’ and removed it from CreditWatch, where it was placed...
Sep 8 2009 // Standard & Poor’s Ratings Services has revised its outlook on Allianz Insurance JSC (Allianz Russia) to negative from stable and affirmed its ‘BBB-‘ long-term counterparty credit and insurer...
Sep 4 2009 // Standard & Poor’s Ratings Services has lowered its long-term counterparty credit ratings on The Netherlands-based ING Groep N.V. and ING Verzekeringen N.V. to ‘A’ from ‘A+’ and its long-...
Sep 4 2009 // A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Bermuda-based Dah Sing Insurance Company Limited (DSI) with stable outlooks. “The...
Sep 3 2009 // A report from Standard & Poor’s Paris office – The Sukuk Market Has Continued To Progress In 2009 Despite Some Roadblocks – notes that new issues of “sukuk (bonds compliant with Islamic law)...