All the headlines from our S&P Topic Page, ordered by recency.
Jun 13 2006 // Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and insurer financial strength ratings on Swiss Reinsurance Co. and its core entities to “AA-” from “AA”...
Jun 13 2006 // Standard & Poor’s Ratings Services has affirmed its “BBB-” long-term counterparty credit and senior unsecured debt ratings on Toronto-based Kingsway Financial Services Inc. with a stable...
Jun 8 2006 // Standard & Poor’s Ratings Services has lowered its subordinated debt rating on Avalon Re Ltd.’s Series C variable rate notes, which are due June 6, 2008, to “CCC-” from “B.”...
Jun 8 2006 // Triple “A” ratings have been on the endangered species list for some time, but they do still exist. Standard & Poor’s Ratings Services has just affirmed its ‘AAA’ long-term counterparty...
Jun 8 2006 // Standard & Poor’s Ratings Services said it is changing its process for evaluating the terrorism exposure of insurers and reinsurers.The updated process is partly a response to the increased insurance retentions...
Jun 7 2006 // Standard & Poor’s Ratings Services has assigned its senior secured debt ratings to the principal at-risk variable-rate notes issued under Swiss Reinsurance Co.’s Successor shelf program (See previous...
Jun 7 2006 // Standard & Poor’s Ratings Services has placed its “A” financial strength rating on Employers Reassurance Corp. (ERAC), a subsidiary of GE Insurance Solutions (GEIS) on CreditWatch with developing...
Jun 6 2006 // Standard & Poor’s Ratings Services has revised its outlook on Polish non-life insurer Powszechny Zaklad Ubezpieczen S.A. (PZU S.A.) and life insurer Powszechny Zaklad Ubezpieczen na Zycie S.A. (PZU Zycie), core...
Jun 6 2006 // Standard & Poor’s Ratings Services has assigned its “A-” long-term counterparty credit and insurer financial strength ratings to Dubai-based Arab Orient Insurance Co. (PSC) (AOIC) with a stable...
Jun 6 2006 // At the midpoint of 2006, many commercial insurers are generating exceptional earnings, according to an article published by Standard & Poor’s Ratings Services. The article, which is titled “U.S. Commercial...
Jun 1 2006 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Oslo-based non-life insurer Bluewater Insurance ASA to “BBB” from...
Jun 1 2006 // Spain’s largest domestic insurance group, Sistema Mapfre, announced a major structural reorganization, which will eventually result in all of the Group’s activities being concentrated in its publicly traded...
Jun 1 2006 // Standard & Poor’s Ratings Services has revised its outlook on Mercury Casualty Co. (Mercury Casualty), Mercury Insurance Co. (Mercury Insurance), and Mercury Insurance Co. of Florida (collectively referred to as...
Jun 1 2006 // Standard & Poor’s Ratings Services has revised its outlook on Hanover Insurance Group Inc. and its operating company subsidiaries to positive from stable.At the same time, Standard & Poor’s affirmed...
Jun 1 2006 // Standard & Poor’s Ratings Services said today it affirmed its “A+” counterparty credit and financial strength ratings on the Safeco Intercompany Pool members. S&P also affirmed its...
May 31 2006 // Japan’s non-life insurers posted largely improved profits in fiscal 2005, bouncing back from the previous year’s uncommonly harsh string of natural disasters, according to a report published today by Standard...
May 31 2006 // Standard & Poor’s Ratings Services has affirmed its “A” insurer financial strength and counterparty credit ratings on Taiwan’s Mingtai Fire & Marine Insurance Co. Ltd. with a stable...
May 30 2006 // Standard & Poor’s Ratings Services has assigned its ‘BB’ counterparty credit rating to Bay Point Re Ltd. and its ‘BB’ senior secured debt rating to Bay Point’s term loan debt...
May 29 2006 // Standard & Poor’s Ratings Services has assigned its “A+” senior unsecured bank loan rating to Starbound Re Ltd.’s $50 million (Debt III) bank loan, its “BBB-” senior unsecured bank...
May 25 2006 // Standard & Poor’s Ratings Services has affirmed its “A” counterparty credit rating on Bermuda-based reinsurer PartnerRe Ltd. (PRE), its “AA-” counterparty credit and financial strength...