All the headlines from our S&P Topic Page, ordered by recency.
Feb 26 2008 // MBIA Inc., the world’s largest bond insurer, held onto its top credit ratings from Standard & Poor’s Monday, in a development that soothed stock and bond investors fearing downgrades would roil capital...
Feb 24 2008 // While American International Group Inc. sought to downplay its miscalculation of losses on a derivatives portfolio as not “material to the company,” Wall Street was abuzz with speculation over whether the...
Feb 22 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Bermuda-based Empyrean Re Ltd. with a stable outlook. “The ratings are...
Feb 20 2008 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa” of the Progressive Agency Pool, Progressive Direct Pool and Progressive...
Feb 19 2008 // A.M. Best Co. and Standard & Poor’s Ratings Services have taken slightly different views of France’s AXA Group’s agreement to purchase 100 percent of the share capital of the ING Group’s...
Feb 19 2008 // Standard & Poor’s Ratings Services has placed its ‘AA’ rating on BluePoint Re Ltd., its ‘AAA’ rating on Channel Reinsurance Ltd., and its ‘AAA’ rating on RAM Reinsurance Co....
Feb 15 2008 // Standard & Poor’s Ratings Services has issued a blanket bulletin outlining the rating actions, which it notes are “mostly unfavorable,” on several U.S. mortgage insurers and their core and dependent...
Feb 13 2008 // A.M. Best Co. has assigned a financial strength rating of ‘A ‘(Excellent) and issuer credit rating (ICR) of “a” to CIBC Reinsurance Company Limited (CIBC Re), based in St. Michael, Barbados, with a...
Feb 12 2008 // While American International Group Inc. sought to downplay its miscalculation of losses on a derivatives portfolio as not “material to the company,” Wall Street was abuzz with speculation over whether the...
Feb 12 2008 // American International Group Inc. may be quite sanguine about its financial outlook (See related article), but Standard & Poor’s Ratings Services isn’t quite as confident. S&P announced that it has...
Feb 11 2008 // Standard & Poor’s Ratings Services has published an article which states that Bermuda-domiciled insurance companies will face increasing competition from other regions of the world.The article –...
Feb 8 2008 // Bermuda’s ACE Limited announced that, “subject to market conditions, its subsidiary, ACE INA Holdings Inc., intends to sell up to $300 million of senior notes. The notes will be fully and unconditionally...
Feb 8 2008 // Standard & Poor’s Ratings Services has revised the outlook on the long-term counterparty credit and insurer financial strengths ratings on Gibraltar-based non-life insurer Southern Rock Insurance Co. Ltd. to...
Feb 4 2008 // A.M. Best Co. has assigned an issuer credit rating (ICR) of “a+” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of Madison Wis.-based CUNA Mutual Insurance Society, the lead...
Feb 4 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Taiwan’s South China Insurance Co., Ltd. with a stable outlook. “The...
Jan 31 2008 // Standard & Poor’s Ratings Services has published an article titled, “Property/Casualty Insurance Criteria For Assessing Loss Reserve Adequacy For U.S.-Based Insurers/Reinsurers” on RatingsDirect, its...
Jan 31 2008 // Standard & Poor’s Ratings Services said that its ratings and outlook on Allianz SE (AA/Stable/A-1+) and related entities were not immediately affected by the revision of the outlook to negative from stable on...
Jan 28 2008 // A.M. Best Co. and Standard & Poor’s Ratings Services have been reexamining their ratings on the Bermuda-based XL Capital. and its subsidiaries in light of recent announcements (See IJ web site...
Jan 22 2008 // Standard & Poor’s Ratings Services has placed Ambac Assurance Corp.’s financial strength, financial enhancement, and issuer credit ratings and Ambac Financial Group Inc.’s senior unsecured, issuer...
Jan 18 2008 // The formerly placid world of the bond insurers has suddenly become as chaotic as the P/C sector after a major hurricane. Standard & Poor’s Ratings Services published a new version of its bond insurance stress...