All the headlines from our S&P Topic Page, ordered by recency.
Apr 23 2008 // Liberty Mutual Group has agreed to acquire all outstanding shares of common stock of Safeco Corp. for $68.25 per share in cash in a deal that will make Liberty Mutual the fifth largest U.S. property/casualty insurer and...
Apr 23 2008 // Standard & Poor’s Ratings Services has placed its ratings on both Liberty Mutual Group Inc. (LMGI) and Seattle-based Safeco Corp on CreditWatch with negative implications, following the announcement that Liberty...
Apr 21 2008 // Premium volume may be down for independent agencies across the country but that doesn’t mean agency revenue is down for some of the nation’s top performing agencies. Diversifying an agency’s revenue...
Apr 17 2008 // Standard & Poor’s Ratings has assigned its long-term ‘A’ counterparty and insurer financial strength ratings to Kenya-based African Trade Insurance Agency (ATI)with a stable outlook. “The...
Apr 16 2008 // Standard & Poor’s Ratings Services said that its ‘A+’ ratings on the core operating entities of QBE Insurance Group Ltd. (currently ‘A-‘ with a stable outlook) are unchanged after...
Apr 16 2008 // A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B-‘ (Fair) from ‘B’ (Fair) and issuer credit rating (ICR) to “bb-” from “bb+” of Interstate Auto...
Apr 15 2008 // Neither Standard & Poor’s Ratings Services nor A.M. Best Co. anticipate making any ratings changes as a result of Joseph Brandon’s leaving his post as CEO of General Reinsurance Corp. S&P rates Gen Re...
Apr 14 2008 // Bermuda-based property reinsurer RenaissanceRe Holdings Ltd. has agreed to acquire the assets of Agro National, a managing general underwriter of crop insurance.The terms of the transaction were not disclosed. The...
Apr 14 2008 // Billionaire Warren Buffett’s new municipal bond insurance company Friday won the top “AAA” rating from Standard & Poor’s Ratings Services, which cited the venture’s nearly $1 billion...
Apr 14 2008 // Standard & Poor’s Ratings Services has assigned its ‘AAA’ financial strength and financial enhancement ratings to Berkshire Hathaway Assurance Corp. (BHAC). S&P also assigned its...
Apr 14 2008 // Standard & Poor’s Ratings Services has lowered its insurer financial strength rating on the Australian mortgage insurer PMI Mortgage Insurance Ltd. (PMI Australia) by one notch to ‘AA-‘ from...
Apr 10 2008 // Standard & Poor’s Ratings Services’ latest review of the U.K. insurance market – “Insurance Industry Risk Analysis: U.K. Economic Risk Increases But Unlikely To Put Pressure On Non-Life...
Apr 10 2008 // Fitch Ratings has affirmed the ‘A-‘ insurer financial strength (IFS) ratings of Imagine Insurance Company Limited (Imagine) and Imagine International Reinsurance Limited with stable outlooks. “The...
Apr 9 2008 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit rating on four U.S. Mortgage insurers as follows: MGIC Investment Corp. to ‘BBB’ from ‘A-‘ and its...
Apr 9 2008 // Standard & Poor’s Ratings Services Tuesday downgraded four U.S. mortgage insurers, including MGIC Investment Corp’s arm, citing a worse-than-expected housing slump.The credit agency said most companies...
Apr 9 2008 // The U.S. commercial lines property/casualty insurance “soft” pricing cycle will likely mean outlooks on some commercial lines insurers will be revised to negative in the second half of 2008, according to...
Apr 7 2008 // Standard & Poor’s Ratings Services has assigned its ‘AA’ counterparty credit and insurer financial strength rating to German insurers DBV-Winterthur Lebensversicherung AG, DBV-Winterthur...
Apr 4 2008 // Standard & Poor’s Ratings Services has affirmed its ‘BBB-‘ counterparty credit rating on Argonaut Group Inc. (AGI), a wholly owned subsidiary of Argo Group International Holdings Ltd. and its...
Apr 3 2008 // Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on Triad Guaranty Insurance Corp. (Triad) to ‘BBB’ from ‘AA-‘. S&P also lowered...
Apr 1 2008 // Standard & Poor’s Ratings Services has lowered its financial strength rating on Financial Guaranty Insurance Co. (FGIC) six notches, to ‘BB’ from ‘A’, and its rating on holding company...