Latest S&P Headlines

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

S&P Affirms, Withdraws Toro Ratings after Generali Acquisition; Nuova Tirrena Ratings Lowered, Withdrawn

Feb 14 2007 // Standard & Poor’s Ratings Services announced that it has affirmed its “AA-” long-term counterparty credit and insurer financial strength ratings on Italy’s Toro Assicurazioni SpA with a stable...

S&P Withdraws GE Re’s Ratings

Feb 14 2007 // Standard & Poor’s Ratings Services announced that it has withdrawn its “AA-” long-term counterparty credit and insurer financial strength ratings on U.S.-based GE Reinsurance Corp. S&P said it...

S&P Revises Atlantic & Western Re’s Class A & B Notes to ‘D’

Feb 13 2007 // Standard & Poor’s Ratings Services announced that it has “revised its senior secured debt ratings on Atlantic & Western Re Ltd.’s Class A notes to ‘D’ from ‘BB’ and Class...

S&P Puts Eurus Notes on CreditWatch/Negative after Windstorm

Feb 9 2007 // Standard & Poor’s Ratings Services has placed a CreditWatch with negative implications on its “BB” rating on the $150 million principal at-risk variable-rate notes issued by Eurus Ltd.“The...

S&P Puts Norway’s Bluewater on Watch/Negative

Feb 5 2007 // Standard & Poor’s Ratings Services has placed its “BBB” long-term counterparty credit and insurer financial strength ratings on Oslo-based non-life insurer Bluewater Insurance ASA on CreditWatch with...

Biggest U.S. Companies Fail to Disclose Climate Change Risks to Investors, Study Says

Jan 31 2007 // Despite growing financial losses in various business sectors from climate change, over half of the nation’s 500 largest publicly traded companies are doing a poor job of disclosing climate change risks to their...

S&P Puts British Marine Ratings On CreditWatch/Positive

Jan 30 2007 // Standard & Poor’s Ratings Services has placed its “A” long-term counterparty credit and insurer financial strength ratings on Luxembourg-based marine insurer British Marine Luxembourg S.A. (BM) on...

S&P Upgrades Norway’s Gard P&I, M&E to ‘A+’

Jan 30 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Norway-based marine insurer Assuranceforeningen Gard – gjensidig – (Gard...

S&P Publishes Lloyd’s Syndicate Review

Jan 29 2007 // Standard & Poor’s Ratings Services reported that it has preliminarily reviewed its Lloyd’s Syndicate Assessment (LSA) coverage for 2007. S&P said it will “undertake a full review of the LSAs...

S&P Revises Nürnberger Outlook to Negative

Jan 26 2007 // Standard & Poor’s Ratings Services has revised its outlook to negative from stable on the counterparty credit and insurer financial strength ratings of German life insurer Nürnberger Lebensversicherung AG (NLV)...

S&P Cuts Italy’s Cattolica Ratings to ‘A-‘; Off CreditWatch

Jan 26 2007 // Standard & Poor’s Ratings Services announced that it has lowered its long-term counterparty credit and insurer financial strength ratings on Italy’s composite insurer Società Cattolica di Assicurazione to...

S&P Raises Southern Rock Ratings To ‘BB’; Outlook Stable

Jan 26 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Gibraltar-based non-life insurer Southern Rock Insurance Co. Ltd. to “BB”...

S&P Rates Catlin Pref. Shares ‘BBB’

Jan 22 2007 // Standard & Poor’s Ratings Services has affirmed its “BBB” long-term subordinated debt rating on the $600 million 7.249 percent perpetual, subordinated, callable, fixed-/floating-rate, noncumulative...

S&P Rates Generali Notes

Jan 19 2007 // Standard & Poor’s Ratings Services has assigned its preliminary “A”‘ junior subordinated debt rating to the proposed perpetual, subordinated, fixed/floating-rate step-up notes to be issued by...

S&P Sees No ‘Immediate Impact’ on Allianz Ratings from AGF Buyout

Jan 18 2007 // Standard & Poor’s Ratings Services indicated that Germany’s Allianz (AZSE) plans to buy out the minority shareholders in Assurances Generales de France (AGF – rated ‘A’/Positive/...

AXA Ratings ‘Unaffected’ by Paris Re Sale says S&P; Comments on Guarantee

Jan 16 2007 // Standard & Poor’s Ratings Services has stated that its rating and outlook on French reinsurer AXA Re (currently “AA-“/Stable) “are unaffected by the completion of the sale of AXA Re’s...

S&P Puts NZ’s Simply Insurance on CreditWatch

Jan 12 2007 // Standard & Poor’s Ratings Services has placed its “BB-” rating on Simply Insurance New Zealand Ltd. (SINZ) on CreditWatch with developing implications. “The CreditWatch placement follows...

S&P Assigns ‘BBB’ Rating to Catlin Debt

Jan 9 2007 // Standard & Poor’s Ratings Services announced that it “has assigned its ‘BBB’ long-term preliminary ratings to the proposed U.S. dollar-denominated, perpetual, subordinated, callable,...

S&P: CNA Financial Corp. Units Ratings Withdrawn After Mergers

Jan 9 2007 // Standard & Poor’s Ratings Services said it withdrew its ‘A-‘ counterparty credit and financial strength ratings on 13 insurance subsidiaries of CNA Financial Corp. (NYSE:CNA). This action follows the...

S&P Comments on, QBE-AXA-Winterthur US Deal

Jan 5 2007 // Standard & Poor’s Ratings Services indicated that its ratings on France’s AXA Group, including Winterthur Swiss, and Australia’s QBE won’t be affected by the sale of Winterthur’s US-based...