All the headlines from our S&P Topic Page, ordered by recency.
Nov 19 2018 // S&P Global Ratings has removed Texas-based Hochheim Prairie Farm Mutual Insurance Assn. (HPFMIA) and its subsidiary, Hochheim Prairie Casualty Insurance Co. (HPCIC, collectively Hochheim) from Credit Watch Negative,...
Nov 19 2018 // Insured losses from the Camp and Woolsey wildfires in California will be between $9 billion and $13 billion, according to the latest estimates from catastrophe modeler RMS.RMS’ latest estimates released on Monday...
Nov 16 2018 // S&P Global Ratings expects both the primary insurers and reinsurers to be able to absorb losses from the California wildfires, limiting them to an earnings event.However, the mounting bills from more frequents large...
Nov 5 2018 // Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change — or face higher borrowing costs on the $3.9 trillion municipal bond market. Climate...
Nov 2 2018 // “We do see it coming. We expect that in 2019 we’re going to be in an underwriting profit position, not a great one, but a profit. And we’ll move from there to a great one.”So said Brian Duperreault,...
Oct 31 2018 // A no-deal Brexit would be likely to tip Britain into a recession as long as the downturn that followed the global financial crisis, and investors should no longer ignore this danger, credit ratings agency Standard &...
Oct 16 2018 // The S&P 500 has plummeted more than 5 percent since early October. The culprit: slowing earnings growth stemming from rising interest rates and oil prices, according to Goldman Sachs Group Inc.That straightforward...
Oct 10 2018 // After one of the most active years for mergers and acquisitions in property/casualty and life insurance, market conditions point to a continued push for deals, according to analysis by S&P Global Market...
Oct 4 2018 // The recent run of large natural disasters to hit Japan likely has put downward pressure on the creditworthiness of the nation’s three largest non-life insurance groups, according to S&P Global Ratings in a market...
Aug 1 2018 // After global insured natural catastrophe losses hit record highs in 2017, will reinsurers be able to withstand another year of active natural catastrophes?S&P Global Ratings indicates that while reinsurers are entering...
May 18 2018 // S&P Global Ratings has affirmed its ‘A+’ insurer financial strength rating and ‘BBB+’ long- and ‘A-2’ short-term issuer credit ratings on American International Group Inc. (AIG), and...
Mar 7 2018 // S&P Global Ratings placed France’s AXA on CreditWatch with negative implications over its planned $15.3 billion purchase of XL Group Ltd.The ratings agency said it is worried about what the mega-deal could do to...
Mar 2 2018 // S&P Global Ratings has lowered the long-term issuer credit rating on Bermuda-based RenaissanceRe Holdings Ltd. (RNR) to “A-” from “A” and its long-term financial strength and issuer credit...
Feb 5 2018 // Global reinsurance pricing in aggregate was flat to up about 5 percent during the January 2018 renewals, and more price hikes can be expected in loss-affected areas during the year, according to S&P Global...
Jan 29 2018 // While the U.S. property/casualty insurance sector passed the capital test in 2017, a year with record catastrophe losses, insurers will face the real test in 2018 if catastrophe losses come close to last year’s...
Jan 25 2018 // Global reinsurance pricing in aggregate was flat to up about 5 percent during the January 2018 renewals, and more price hikes can be expected in loss-affected areas during the year, according to S&P Global...
Dec 5 2017 // As the U.S. economy continues its over eight-year expansion, analysts at S&P Global say they have an answer as to how to boost GDP growth along with labor force participation and productivity. The answer is women.In a...
Nov 29 2017 // S&P Global Ratings has placed its ‘B+’ financial strength ratings for Hochheim Prairie Farm Mutual Insurance Assoc. (HPFMIA) and its subsidiary, Hochheim Prairie Casualty Insurance Co. (HPCIC; collectively...
Nov 3 2017 // Highlighting the development as a “noteworthy item” in an earnings announcement Thursday night, American International Group reported prior-year loss reserve strengthening of $836 million before taxes, which...
Oct 30 2017 // Standard and Poor’s and Fitch held their credit ratings for Britain unchanged on Friday [Oct. 27], but both remained gloomy about the outlook due to the likelihood of the country reaching a bad deal in its divorce...