All the headlines from our S&P Topic Page, ordered by recency.
Aug 20 2008 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Bermuda-based insurer International General Insurance Co. Ltd. (IGI) to...
Aug 19 2008 // Standard & Poor’s Ratings Services has assigned its ‘A-‘ long-term counterparty credit and insurer financial strength ratings to Catlin Speciality Insurance Co. (CSCI) and Catlin Insurance Co. Inc....
Aug 18 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of SALAMA Islamic Arab Insurance Company (P.S.C.), which is based in the...
Aug 15 2008 // Standard & Poor’s Ratings Services has announced the results of its latest public information Lloyd’s Syndicate Assessment (LSA) review, which considered the 2007 syndicate financial statements and...
Aug 14 2008 // Standard & Poor’s Ratings Services announced that its ratings and outlooks on ING Groep N.V. (currently ‘AA-‘ – Stable – ‘A-1+’) and related entities are unchanged following...
Aug 14 2008 // Standard & Poor’s Ratings Services revised its outlook on the U.S. commercial lines property/casualty insurance sector to negative from stable.Standard & Poor’s credit analyst John Iten explained that...
Aug 11 2008 // Bermuda-based Validus Holdings, Ltd. announced that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). “The registration statement, which became effective upon...
Aug 8 2008 // Following the release of Munich Re’s six-month earnings report (See above), Standard & Poor’s Ratings Services said that its ‘AA-‘ long-term counterparty credit and insurer financial strength...
Aug 8 2008 // Standard & Poor’s Ratings Services indicated that its ratings on American International Group Inc. – currently ‘AA-‘ with a negative outlook/Debt ‘A-1+’ – and AIG’s...
Aug 7 2008 // A.M. Best Co. and Standard & Poor’s Ratings Services have both indicated that The Hanover Insurance Group’s agreement to purchase all of the stock of AIX Holdings, Inc. (See related article) is unlikely to...
Aug 5 2008 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of Bermuda-based AXIS Specialty Limited (AXIS) and its operating...
Aug 1 2008 // Standard & Poor’s Ratings Services has lowered its counterparty credit and insurer financial strength ratings on the UK-based Congregational & General Insurance PLC to ‘BB+’ from...
Aug 1 2008 // A.M. Best Co. and Standard & Poor’s Ratings Services have both reacted positively to The Hanover Insurance Group’s (THG) announcement that has reached agreement to sell its remaining run-off life insurance...
Jul 30 2008 // XL Capital received the inevitable negative reaction from the rating agencies following its announcement that it would pay $1.78 billion in cash and issue 8 million shares as part of a bailout plan to shore up former...
Jul 30 2008 // Standard & Poor’s Ratings Services has affirmed its ‘BBB+’ counterparty credit rating on the Bermuda-based holding company Endurance Specialty Holdings Ltd. S&P also affirmed its ‘A’...
Jul 30 2008 // Standard & Poor’s Ratings Services has affirmed its ‘AA’ long-term counterparty credit and insurer financial strength ratings on Germany’s Allianz SE (AZSE) and various core operating entities....
Jul 28 2008 // Standard & Poor’s Ratings Services has announced that it is “taking no rating action on Allstate Corp. (NYSE:ALL; A+/Stable/A-1) or its subsidiaries following Allstate’s announcement that it had a...
Jul 28 2008 // Fitch Ratings has revised its rating outlook on Imagine Insurance Company Limited and Imagine International Reinsurance Limited (collectively, Imagine) to Negative from Stable. Fitch currently rates both with an insurer...
Jul 14 2008 // Standard & Poor’s Ratings Services said that it expects the global takaful sector to continue its rapid growth and to become a significant contributor to the global “risk transfer” market place.The...
Jul 14 2008 // Large regional insurance brokers won’t be immune from the cyclical downturn hitting many sectors of the insurance industry. Although geographic and product-line diversification will offer some protection from the...