All the headlines from our S&P Topic Page, ordered by recency.
Jun 9 2003 // Every day, agents and brokers use financial strength ratings of insurers in their business. A carrier’s ratings may affect an agent’s ability to place risks with that insurer, or the client’s willingness...
Jun 9 2003 // Standard & Poor’s lowered its counterparty credit and financial strength ratings on Boston-based Liberty Mutual Insurance Co. and related entities to “A” from “A+” and removed them from...
Jun 9 2003 // S&P’s assigned its “BBB-” preferred stock rating to Ace Ltd.’s $500 million, 7.80 percent cumulative redeemable preferred shares, Series C offering. Ace may redeem these shares any time after...
Jun 6 2003 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on New Jersey-based Princeton Insurance Co. to ‘Bpi’ from ‘BBBpi’...
Jun 3 2003 // Standard & Poor’s has revised its outlook on Navigators Insurance Co. and NIC Insurance Co. (collectively referred to as Navigators) to stable from positive because of the belief that Navigators’s capital...
Jun 2 2003 // Standard & Poor’s has revised its outlook on GE Property & Casualty Insurance Co., GE Casualty Insurance Co., GE Auto & Home Assurance Co., and GE Indemnity Insurance Co. (collectively referred to as...
May 30 2003 // In a report published this week Standard & Poor’s said that, “continued rate increases in the global reinsurance market have failed to stem the downward pressure on ratings and the market outlook remains...
May 29 2003 // Standard & Poor’s Ratings Services announced that, following a review, it has affirmed its ‘BBB-‘ long-term counterparty credit and insurer financial strength ratings on Italian marine insurer SIAT...
May 27 2003 // Standard & Poor’s Ratings Services announced that it has assigned its ‘A’ insurer financial strength and counterparty credit ratings to Stein Insurance Co. (Jersey) Ltd., a Channel Islands-based...
May 22 2003 // Standard & Poor’s announced that, following a review of the company, it has affirmed its ‘AA’ long-term counterparty credit and insurer financial strength ratings on Spanish social security mutual...
May 21 2003 // Standard & Poor’s Ratings Services said that it lowered its counterparty credit and senior debt rating on Pennsylvania-based Harleysville Group Inc. to ‘BBB’ from ‘BBB+’. The outlook is...
May 21 2003 // Standard & Poor’s Ratings Services announced that it is maintaining its CreditWatch with negative implications on various Australian and New Zealand subsidiaries of Tower Ltd. “following the profit warning...
May 20 2003 // Standard & Poor’s Ratings Services has issued a report based on its analysis of 34 “debt-issuing insurers,” which concludes that “despite signs of greater stability in the European insurance...
May 20 2003 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘A+’ counterparty credit, ‘A+’ senior debt, and ‘A-‘ preferred stock ratings on XL Capital Ltd. (XLC),...
May 19 2003 // Every day, agents and brokers use financial strength ratings of insurers in their business. A carrier’s ratings may affect an agent’s ability to place risks with that insurer, or the client’s willingness...
May 16 2003 // Standard & Poor’s London office announced the first issue of a new publication, “Inside View,” a series of guides providing insight into the insurance ratings business.“With global insurance...
May 14 2003 // Standard & Poor’s has affirmed its ‘A-‘ counterparty credit and financial strength ratings on Markel Corp.’s U.S. insurance subsidiaries and its ‘BBB-‘ counterparty credit and...
May 14 2003 // Standard & Poor’s Ratings Services announced that it has lowered the insurer financial strength and counterparty credit ratings on AMP Life Ltd. to ‘A+’ from ‘AA-‘, and has also lowered...
May 14 2003 // Standard & Poor’s Ratings Services announced that it has raised its public information insurer financial strength rating on Hong Kong-based Tugu Insurance Co. Ltd. (Tugu Insurance) to ‘Bpi’ from...
May 13 2003 // Standard & Poor’s issued a statement following the successful initial public offering of shares in Promina Group Ltd., the Australian and New Zealand operations of the U.K.’s Royal & Sun Alliance...