All the headlines from our S&P Topic Page, ordered by recency.
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...
Mar 28 2008 // Standard & Poor’s Ratings Services latest report on the global reinsurance industry – “2008 Reinsurance Renewals: Underwriting Discipline Takes Center Stage As Price Adequacy Declines Further-”...
Mar 28 2008 // California Treasurer Bill Lockyer is exploring the possibility of having state pension funds create a new bond insurer, his spokesman said Thursday.Lockyer has no immediate plans to use Berkshire Hathaway’s new bond...
Mar 25 2008 // Standard & Poor’s Ratings Services has revised its CreditWatch on Financial Guaranty Insurance Co. (FGIC, rated ‘A’) and holding company FGIC Corp. (rated ‘BBB’) to CreditWatch with...
Mar 25 2008 // Standard & Poor’s Ratings Services said that 2008 could see an overall improvement in insurance-industry enterprise risk management (ERM) scores.The firm says a 2006 review of the ERM practices of rated...
Mar 24 2008 // The U.S. workers’ compensation insurance business is not for the faint of heart, according to an article published by Standard & Poor’s Ratings Services. The article, titled “Weakening Rates Could...
Mar 20 2008 // A.M. Best Co. has placed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Chicago’s Celtic Insurance Company under review with negative...
Mar 20 2008 // Standard & Poor’s Ratings Services has revised its outlook on its ‘A-‘ financial strength and long-term counterparty ratings on ACE Insurance to positive from stable. S&P also affirmed the...
Mar 19 2008 // Standard & Poor’s Ratings Services said that its ratings and outlook on Germany’s Allianz SE (AZSE) [currently ‘AA’/Stable/’A-1+’] and related entities “are not affected by...
Mar 19 2008 // Fitch Ratings has affirmed its ratings on The Travelers Companies, Inc (TRV). as follows: –Issuer Default Rating (IDR) ‘A+’; –Senior unsecured notes ‘A’ –subordinated notes...
Mar 14 2008 // A.M. Best Co. has withdrawn the financial strength rating of ‘A’ (Excellent) and assigned a category of NR-5 (Not Formally Followed) to Kansas-based KFBInsurance Company, formerly a wholly owned subsidiary of...
Mar 14 2008 // The U.S. workers’ compensation insurance business is not for the faint of heart, according to an article published by Standard & Poor’s Ratings Services. The article, titled “Weakening Rates Could...
Mar 13 2008 // Standard & Poor’s Ratings Services new report -“One In Four Of Europe’s Insurers Could Face Major Strategic Decisions Under Solvency II” – concludes that the regulations, which are...
Mar 12 2008 // Standard & Poor’s Ratings Services has placed its counterparty credit and financial strength ratings on Canada’s Fairfax Financial Holdings Ltd. (FFH), FFH’s operating insurance companies...