Latest S&P Headlines

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

S&P Assigns ‘BBB’ Rating to Australia’s EIG-Ansvar Ltd.

Aug 9 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB” financial strength and counterparty credit ratings to Australia-based nonlife insurer EIG-Ansvar Ltd. with a positive...

S&P Puts Polish Reinsurer PTR on CreditWatch-Negative

Aug 8 2005 // Standard & Poor’s Ratings Services announced that it has placed its “BBB-” long-term counterparty credit and insurer financial strength ratings on Polish reinsurer Polskie Towarzystwo Reasekuracji...

S&P Revises W.R. Berkley Corp., Sub Ratings to Stable

Jul 20 2005 // Standard & Poor’s Ratings Services has revised its outlook on W.R. Berkley Corp. and BER’s operating companies (collectively referred to as Berkley) to stable from negative.Standard & Poor’s...

S&P Raises Ratings on Swedish Marine Mutual Club to ‘BBB’

Jul 6 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on Sweden’s marine mutual insurer The Swedish Club (the club) to...

S&P Assigns Ratings to Partner Re Debt Issue

Jul 6 2005 // Standard & Poor’s Ratings Services has assigned its preliminary “A” senior debt, “A-” subordinated debt, and “BBB+” preferred stock ratings to PartnerRe Ltd.’s (PRE) $1...

S&P Revises Outlook on British Marine to Positive; Affirms ‘A-‘ Rating

Jul 6 2005 // Standard & Poor’s Ratings Services announced that it has revised its outlook on Luxembourg-based insurer British Marine Luxembourg S.A. (BM) to positive from stable. S&P also affirmed its ‘A-‘...

S&P Lowers Rating on Cosipa to ‘BBB-‘

Jul 5 2005 // Standard & Poor’s Ratings Services announced that it has lowered its rating on Cosipa Overseas Ltd.’s $175 million senior floating-rate notes to “BBB-” from “A” and removed it from...

S&P Assigns Mapfre Empresas ‘AA’ Rating

Jul 5 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “AA” long-term counterparty credit and insurer financial strength ratings to Spain-based Mapfre Empresas, Compañía de Seguros y...

Munich Re’s Review of American Re Claims-No Rating Effect Says S&P

Jul 5 2005 // Standard & Poor’s Ratings Services has indicated that the recent announcement by Germany’s Munich Reinsurance Co. (rated “A+”/Stable) that it is currently undergoing an in-depth reserve review...

Standard & Poor’s Annual Insurance Conference

Jul 4 2005 // Top Corporate Executives Stress Moving Beyond SpitzerDespite recent adversity and scrutiny faced by the insurance industry, financial ratings for companies appear on the upswing. “For the first time that I can...

S&P Raises VHV Ratings to ‘A’

Jun 30 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings to “A” from “A-” on VHV Vereinigte Hannoversche...

S&P Reports on Increased Cat Loss Potential, Modeling

Jun 28 2005 // Standard & Poor’s Ratings Services has issued a new report – “Reinsurance Criteria: Larger Losses And Better Modeling Prompt Changes To Property Catastrophe Criteria-” that examines the upsurge...

S&P Affirms Alliance Re ‘BBB’ Ratings

Jun 27 2005 // Standard & Poor’s Ratings Services announced that it has affirmed its “BBB” long-term counterparty credit and insurer financial strength ratings on Cyprus-based reinsurer Alliance International...

S&P Reports on European Insurers

Jun 24 2005 // Standard & Poor’s Ratings Services has published its quarterly report covering the leading European insurers – Industry Report Card: European Insurance. The study concludes: “The current picture for...

S&P Affirms Africa Re ‘BBB+’ Rating

Jun 23 2005 // Standard & Poor’s Ratings Services announced that it has affirmed its long-term “BBB+” counterparty credit and insurer financial strength ratings on Nigeria-based composite reinsurer African...

MetLife Nearing $11.5 Billion Funding Goal to Acquire Travelers Life

Jun 23 2005 // MetLife Inc. is well on its way to funding its $11.5 billion acquisition of Citigroup Inc.’s Travelers Life & Annuity.The New York City-based insurance company, which expects to raise $7.6 billion in debt and...

S&P Rates Shell Captive ‘AA’

Jun 22 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “AA” long-term counterparty credit and insurer financial strength ratings to Swiss-based Solen Versicherungen AG (SVAG), a wholly...

S&P Assigns Austria’s UNIQA ‘A’ Rating

Jun 22 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “A” insurer financial strength and counterparty credit ratings to Austrian insurers UNIQA Personenversicherung AG (UPV) and UNIQA...

AIG Downgraded

Jun 20 2005 // Standard & Poor’s Ratings Services lowered its long-term counterparty credit and senior debt ratings on American International Group Inc. to “AA” from “AA-Plus.” S&P also removed the...

U.S. commercial insurers earn big

Jun 19 2005 // 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...