Latest S&P Headlines

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

S&P Report: Negative Outlook on Swiss Insurance Market Continues

May 24 2005 // Standard & Poor’s Ratings Services said in a recently published report that it has maintained its negative outlook on the Swiss insurance sector for both property/casualty and life. The report, “Swiss...

S&P Places Russian Insurer on CreditWatch/Negative

May 20 2005 // Standard & Poor’s Ratings Services announced that it has placed its “B-” long-term counterparty credit and insurer financial strength ratings and its “ruBBB-” Russia national scale rating...

S&P Raises Rating on Sweden’s Moderna Sak to ‘BBBpi’

May 18 2005 // Standard & Poor’s Ratings Services announced that it has raised its public information-based (‘pi’) counterparty credit and insurer financial strength ratings on Swedish insurer Moderna...

S&P Analysis of Australia P/C Insurers

May 17 2005 // Standard & Poor’s has published an analysis of the current state of the Australian P/C industry. The rating agency noted: “The softening insurance cycle has entrenched itself in commercial lines in...

S&P Assigns ‘A’ Rating to Hannover Re Debt Issue

May 13 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “A” long-term debt rating to the proposed benchmark size fixed- to floating-rate junior subordinated debt to be issued by...

S&P Reports Munich Re’s ‘A+’ Ratings, Outlook ‘Unaffected’ by Q1 Results

May 12 2005 // Standard & Poor’s Ratings Services announced that its ratings and outlook on Germany’s Munich Reinsurance, (currently “A+”/Stable) and its related entities–collectively known as the...

S&P Raises Sunderland Marine Ratings to ‘BBB+’

May 11 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on U.K.-based insurer Sunderland Marine Mutual Insurance Co. Ltd. (SMMI)...

S&P Assigns Platinum ‘BBB’ Rating

May 11 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB” counterparty credit and senior debt ratings to Platinum Underwriters Holdings Ltd. and its ‘BBB’ debt rating to...

S&P Reports on 5 Bermuda Property Catastrophe Reinsurers

May 10 2005 // Standard & Poor’s Ratings Services has issued a report, entitled “Peer Comparison: Bermuda Property Catastrophe Reinsurers,” which examines the differences between five of the island’s...

GE Med-Mal Unit Sold to Berkshire’s National Indemnity; S&P, Best Comment

May 9 2005 // In a joint bulletin General Electric and Berkshire Hathaway announced that GE Insurance Solutions has entered into a letter of intent for the sale of Medical Protective Corporation (MedPro), a professional liability...

S&P Raises Ratings on Singapore’s Tenet Insurance Co.

May 9 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term insurer financial strength and counterparty credit ratings on Singapore’s Tenet Insurance Co. Ltd. to “BBB” from...

S&P Affirms Casiopea Re ‘A’ Rating

Apr 28 2005 // The Paris office of Standard & Poor’s Ratings Services announced that it has affirmed its “A” long-term counterparty credit and insurer financial strength ratings on Casiopea Re S.A., the wholly...

Eureko Strengthens Ties with Rabobank; S&P Sees No Rating Change

Apr 28 2005 // The Netherlands-based insurer Eureko, the parent company of Achmea, and Holland’s Rabobank Group announced that they are broadening their current co-operation. In a joint announcement the companies said that...

S&P Raises Aioi Rating Outlook to Positive

Apr 27 2005 // Standard & Poor’s Ratings Services announced that it has revised its outlook to positive from stable on the “A-” financial strength and long-term counterparty ratings on Aioi Insurance Co. Ltd.,...

S&P Raises Japan’s Fuji Fire Ratings to ‘BBB+’

Apr 27 2005 // Standard & Poor’s Ratings Services announced that it has raised its financial strength and long-term counterparty ratings on Japan’s Fuji Fire & Marine Insurance Co. to “BBB+” from...

S&P Puts Taiwan’s Mingtai on CreditWatch/Positive

Apr 26 2005 // Standard & Poor’s Ratings Services announced that it has placed its “A-” insurer financial strength and long-term counterparty credit ratings on Taiwan-based Mingtai Fire & Marine Insurance Co....

AIG, Related Units Stay on CreditWatch Negative

Apr 25 2005 // Standard & Poor’s Ratings Services said Monday that it is keeping its ratings on American International Group Inc. (‘AA+/Watch Neg/A-1+’) and AIG’s subsidiaries on CreditWatch with negative...

Best, S&P Rate Generali $653 Million Debt Issue

Apr 22 2005 // A.M. Best Co. and Standard & Poor’s Ratings Services have assigned an “a+” and an “AA-” senior unsecured debt rating respectively to the 500 million euro ($653.4 million) notes due in...

S&P Sees No Rating Affect in AXA/Finaxa Merger

Apr 21 2005 // The Paris office of Standard & Poor’s Ratings Services has issued a statement indicating that it does not expect the proposed merger of Finaxa (not rated) into AXA (A/Stable/A-1) to affect the ratings on AXA,...

S&P Affirms, Withdraws SCOR’s CRP Subs Ratings

Apr 21 2005 // Standard & Poor’s Ratings Services announced that it has affirmed its “BBB+” insurer financial strength ratings on two subsidiaries of French reinsurer SCOR: Bermuda-based Commercial Risk Reinsurance...