Latest S&P Headlines

All the headlines from our S&P Topic Page, ordered by recency.

S&P Affirms Coregis ‘AA-‘ Rating; Withdrawn At Management Request

Apr 5 2007 // Standard & Poor’s Ratings Services has affirmed its ‘AA-‘ long-term insurer financial strength rating on U.S.-based non-life insurer Coregis Insurance Co., a member of the Swiss Re group, whose core...

S&P Says Credit Insurer Atradius Ratings ‘Unaffected by Combination’

Apr 4 2007 // Standard & Poor’s Ratings Services said that its “ratings and outlook on Netherlands-based credit insurance group Atradius (main operating entities are rated A/Stable/–) and Spain-based credit...

S&P Raises British Marine Ratings To ‘A+’; Outlook Stable

Apr 4 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Luxembourg-based marine insurer British Marine Luxembourg S.A. (BM) to “A+”...

S&P Affirms Allianz Suisse ‘A+’ Ratings; Outlook Revised to Positive

Apr 4 2007 // Standard & Poor’s Rating Services has revised its outlook to positive from stable on Swiss-based life insurer Allianz Suisse Lebenversicherungs – Gesellschaft (ASL) and non-life insurer Allianz Suisse...

S&P Raises Outlook on Moroccan Reinsurer; ‘BBB’ Ratings Affirmed

Apr 3 2007 // Standard & Poor’s Ratings Services has revised to positive its outlook on Morocco-based reinsurer Société Centrale de Réassurance (SCR), following the revision to positive of the outlook on the local currency...

Lloyd’s China Reinsurer Rated ‘A’ by S&P, Best and Fitch

Apr 3 2007 // The three major rating agencies, Standard & Poor’s, A.M. Best and Fitch Ratings, have all assigned “A” ratings (Fitch was actually ‘A+’) to Lloyd’s Reinsurance Co. (China) Ltd....

S&P Rates Hibernian ‘A+’/Stable

Mar 28 2007 // Standard & Poor’s Ratings Services has assigned its “A+” long-term counterparty credit and insurer financial strength ratings to Republic of Ireland-based non-life insurer Hibernian General Insurance...

S&P Rates Germany’s ARAG ‘BBB’

Mar 22 2007 // Standard & Poor’s Ratings Services has assigned its ‘BBB’ long-term counterparty credit and insurer financial strength ratings to Germany’s insurer ARAG Allgemeine Rechtsschutz-Versicherungs AG...

S&P Puts Germany’s Union on CreditWatch Pending Merger

Mar 20 2007 // Standard & Poor’s Ratings Services has placed its “A-” long-term counterparty credit and insurer financial strength ratings on Germany’s UNION Versicherungs-AG (Union) on CreditWatch with...

S&P Sees No Ratings Change for Swiss Re Subsidiaries

Mar 14 2007 // Standard & Poor’s Ratings Services said that its ratings and outlooks on the European subsidiaries of Zurich-based global reinsurer Swiss Reinsurance Co. -rated “AA-/Stable/A-1+” – remain...

AmWINS Outlook Revised to Stable From Neg; Ratings Affirmed

Mar 14 2007 // Standard & Poor’s Ratings Services said that it affirmed its ‘B’ counterparty credit and senior debt ratings on AmWINS Group Inc. (NYSE:AGI; f/k/a American Wholesale Insurance Group Inc.) and revised...

S&P: Austrian Insurance Ratings Stable

Mar 13 2007 // Standard & Poor’s Ratings Services recently published a report entitled “Austrian Insurance Ratings Set To Stay Stable For Next Two Years, Drawing On Sound Credit Fundamentals.” It concludes that...

S&P Says Pohjola Ratings ‘Unchanged’

Mar 8 2007 // Standard & Poor’s Ratings Services announced that its ratings and outlook on Finland’s Pohjola Non-Life Insurance Co. Ltd. -currently “A+”/Stable – “are unchanged following dividend...

S&P Raises Converium’s Ratings to ‘A-‘; Off CreditWatch; Company Comments

Mar 1 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Swiss-based reinsurer Converium AG and its long-term insurer financial strength ratings...

S&P Reports Japanese Insurers Facing Increasing Scrutiny

Feb 23 2007 // Standard & Poor’s Ratings Services said in a new report that the risk management practices and internal control policies of Japan’s insurers are coming under increasing scrutiny following a series of...

S&P Takes Bluewater off CreditWatch

Feb 22 2007 // Standard & Poor’s Ratings Services has affirmed its “BBB” long-term counterparty credit and insurer financial strength ratings on Oslo-based non-life insurer Bluewater Insurance ASA. S&P also...

S&P Ratings on Moscow Re Unchanged By New Ownership

Feb 22 2007 // Standard & Poor’s Ratings Services announced that its ratings and outlook on Russian reinsurer Moscow Reinsurance Co. (Moscow Re), rated “B+” with a stable outlook, are unchanged following...

Lloyd’s Raises Novae Syndicate Assessment To ‘2+’; Outlook Stable

Feb 20 2007 // Standard & Poor’s Ratings Services has raised its Lloyd’s Syndicate Assessment (LSA) on London-based Novae – Syndicate 2007 to ‘2+’ from ‘2’ and assigned a stable...

SCOR Acquires 32.9% of Converium; Makes Unsolicited Bid; S&P Comments

Feb 19 2007 // France’s SCOR Group announced that it has acquired 32.9 percent of the share capital of Swiss-based reinsurer Converium Holding AG.SCOR said it “strongly believes that the combination of Converium and SCOR is a...

S&P Withdraws Some Ratings on Spain’s Mapfre after Restructuring

Feb 15 2007 // Standard & Poor’s Ratings Services has withdrawn its “AA” long-term counterparty credit and insurer financial strength ratings on Spain’s Mapfre Mutualidad de Seguros y Reaseguros a Prima Fija...