All the headlines from our S&P Topic Page, ordered by recency.
Apr 13 2006 // Standard & Poor’s Ratings Services recently noted in two articles, “San Francisco’s Credit Rating Is Strong–But Not Earthquake Proof” and “One Hundred Years Later, California...
Apr 10 2006 // France’s AXA Group acknowledged that it has received a binding offer for its reinsurance operation – AXA Re and its subsidiaries – from Paris Re Holdings Limited. As previously reported (See IJ Website...
Apr 7 2006 // Standard & Poor’s Ratings Services announced that it has assigned its ‘BBB’ long-term counterparty credit and insurer financial strength ratings to Oman-based insurer Oman United Insurance Co. SAOG...
Apr 7 2006 // Standard & Poor’s Ratings Services announced that it has revised its criteria for measuring the catastrophe risk of primary P/C insurance companies, according to an article published today.The article, which is...
Apr 6 2006 // Standard & Poor’s Ratings Services announced that it has revised its outlook on the global reinsurance industry to stable from negative, “indicating that there will be little near-term movement in ratings...
Apr 6 2006 // In a bulletin from its London office Standard & Poor’s Ratings Services said it has “clarified its stance on its ‘BB+’ rating on the $200 million 7.125 percent senior notes issued by U.S.-based...
Apr 5 2006 // Standard & Poor’s Ratings Services announced that it has affirmed its “A-” counterparty credit and financial strength ratings on Odyssey America Reinsurance Corp., Clearwater Insurance Co., and...
Apr 4 2006 // The rating agencies have taken different actions on Fairfax Financial Holdings and its subsidiaries, including Odyssey Re Holdings in which Fairfax has an 80 percent stake, following the Group’s filing of its Form...
Apr 3 2006 // The insurance industry is turning more frequently to catastrophe bonds, according to an article, “Catastrophe Bonds: Assessing A Risky Business,” which was published by Standard & Poor’s Ratings...
Apr 3 2006 // Do under-reserved property/casualty insurers deserve high ratings?Publicly traded property casualty insurance companies must serve many masters. To be competitive in the marketplace, they must offer products that meet the...
Mar 31 2006 // The Louisiana Department of Insurance reported that the rating agency Standard & Poor’s has given the Louisiana Citizens Property Insurance Corporation (Citizens) bond issue an ‘A’-minus rating,...
Mar 31 2006 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB+” long-term counterparty credit and insurer financial strength ratings to Dongbu Insurance Co. Ltd., “reflecting its...
Mar 31 2006 // Standard & Poor’s Ratings Services announced that it has assigned its “B-” insurer financial strength and counterparty credit rating to New Zealand-based start-up nonlife insurance company Western...
Mar 31 2006 // An article published in Standard & Poor’s Ratings Direct stresses that “financial flexibility continues to be an extremely important rating factor.” The publication, entitled “More Frequent...
Mar 28 2006 // Standard & Poor’s Ratings Services announced that it has assigned its ‘AA-‘ long-term counterparty credit rating to Insurance Australia Group Ltd., with a stable outlook.“The rating reflects...
Mar 23 2006 // Standard & Poor’s Ratings Services has lowered its counterparty credit and insurer financial strength ratings on Royal & Sun Alliance Insurance Group PLC’s U.S. insurance operations to...
Mar 22 2006 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on American Steamship Owners Mutual P&I Assn. Inc. (American Club) to “B+”...
Mar 21 2006 // Standard & Poor’s Ratings Services said that its criteria for measuring catastrophe risk for primary insurers will be revised early in the second quarter of this year. (For reinsurers, there are no current plans...
Mar 20 2006 // Standard & Poor’s Ratings Services announced that it has revised its outlook on the holding companies and core operating entities of Netherlands-based insurance group Eureko to positive from stable,...
Mar 20 2006 // Ratings analysts who downgraded personal lines insurer Atlantic Mutual earlier this month will be meeting with the company in the coming weeks to review results of the fourth quarter and all of 2005 before deciding what to...