All the headlines from our S&P Topic Page, ordered by recency.
Apr 2 2020 // The fallout from the coronavirus pandemic and tumbling oil prices threaten the earnings of insurers in the Gulf, S&P Global Ratings said on Wednesday, possibly leading to negative rating actions.“Most insurers we...
Mar 10 2020 // There are several talking points that are evident about the planned merger of broking giants Aon and Willis Towers Watson. First, it’s not about getting bigger; it’s about getting better. And, second,...
Mar 4 2020 // EXOR has agreed to sell PartnerRe to French mutual insurer Covéa, a move that is turning out to be a very profitable thing for the Italian investment firm.EXOR bought the Bermuda-based reinsurer in March 2016 for $6.72...
Feb 21 2020 // S&P Global Ratings said that even though Swiss Re performed materially below expectation for its 2019 earnings, the ratings agency expects the group to maintain its risk-based capital above the “AA” level,...
Feb 12 2020 // The coronavirus outbreak in China is clouding the global outlook and leading to both business caution and potential overall weakness in U.S. growth, according to S&P Global. However, given its limited exposure, the...
Dec 19 2019 // Noting the proven track record of its management team and strong top-line growth in a five-year time frame, S&P Global Ratings has assigned A- financial strength ratings to the operating units of Fidelis Insurance...
Nov 25 2019 // S&P Global Ratings said it revised its outlook on Qatar Insurance Co. S.A.Q. (QIC) to negative from stable, although it has affirmed the group’s “A” rating.When QIC acquired four of...
Nov 19 2019 // CNA Financial Corp. has achieved an “A+” financial strength rating from Standard & Poor’s, an upgrade made in recognition of the Chicago-based insurer’s efforts to improve its operations and...
Nov 12 2019 // It’s nice work if you can get it.The average annual compensation for non-executive directors at S&P 500 companies rose 2 percent to $304,856 last year, topping $300,000 for the first time and 43 percent higher...
Oct 24 2019 // Positive pricing momentum—it’s the favorite phrase of many reinsurance executives, who are hoping that the momentum they’ve seen in 2019 will continue during the coming January renewals and beyond.The...
Oct 22 2019 // Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit they are sometimes challenged to close the protection gap for new and emerging risks such as...
Sep 4 2019 // Big insurance losses from hurricanes, wildfires and other natural disasters over the past two years are set to push reinsurance renewal rates higher in January, ratings agencies said.After falling for several years due to...
Aug 19 2019 // S&P Global Ratings says 2020 reinsurance pricing in the aftermath of California wildfires will likely rise as re/insurers are finding 2017-2018 losses from wildfires in that state to be higher than expected.The...
Aug 14 2019 // Some global reinsurers have chosen to stop retrenching from catastrophe risks, deciding instead to take advantage of higher premium rates and increase their exposure, according to S&P Global Ratings.Although risk...
Jun 18 2019 // While there are “huge opportunities” on the horizon for the cyber insurance industry, cyber insurance underwriters still face the challenge of not having enough historical data to work with.“It’s...
Jun 5 2019 // Following disappointing reinsurance pricing increases in 2018 and early 2019, it seemed that no amount of catastrophe losses would be sufficient to harden the overall market. However, during this year’s April and...
Apr 18 2019 // If you’re among those who regard “environmental, social and governance” as just another in a long line of trendy buzz-phrases, then you may want to rethink.ESG standards, which companies use to highlight...
Feb 12 2019 // Reported liquidity issues at China Minsheng Investment Group (CMIG), the ultimate owner of Sirius International Group, will not affect Sirius Group’s creditworthiness, said a bulletin issued by S&P Global...
Dec 14 2018 // AXIS Capital Holdings won an outlook upgrade from Standard & Poor’s Global Ratings as well as an affirmation of its other ratings, thanks to growing confidence in its various strategic initiatives.Standard &...
Nov 19 2018 // CNA Group gained an outlook upgrade from Standard & Poor’s based on improvement of its commercial lines business.S&P Global Ratings revised its outlook for CNA to positive from stable. The ratings agency also...