All the headlines from our S&P Topic Page, ordered by recency.
Oct 22 2002 // Standard & Poor’s Ratings Services announced that it has lowered its long-term insurer financial strength and counterparty credit ratings on France’s SCOR and its subsidiaries to single-‘A’...
Oct 22 2002 // The introduction of federal terrorism coverage could tempt some insurers into taking on exposure irresponsibly and have the perverse effect of casting doubt on ratings, according to a Standard & Poor’s...
Oct 21 2002 // Standard & Poor’s Ratings Services said that it lowered its counterparty credit and financial strength ratings on Republic Western Insurance Co. and Oxford Life Insurance Co. to single-‘Bpi’ from...
Oct 21 2002 // Standard & Poor’s has lowered its ratings on the Netherlands-based Eureko insurance group to single-‘A’-plus from double-‘A’-minus, while A.M. Best announced that it has lowered its...
Oct 18 2002 // Standard & Poor’s announced that it has affirmed its double-‘A’ long-term insurer financial strength and counterparty credit ratings on NRMA Insurance Ltd. and IAG New Zealand Ltd., with a...
Oct 14 2002 // Standard & Poor’s announced that it has revised its outlook on the single-‘A’-minus financial strength and counterparty credit ratings on the French p/c insurer Les Mutuelles du Mans Assurances IARD,...
Oct 11 2002 // Standard & Poor’s Ratings Services said that it lowered its counterparty credit and financial strength ratings on Fireman’s Fund Insurance Co. and related entities (FFIC) to single-‘A’-plus...
Oct 11 2002 // In a separate bulletin Standard & Poor’s explained the ratings downgrade of its long-term counterparty credit, insurer financial strength, and insurer financial enhancement ratings for Swiss-based multiline...
Oct 10 2002 // Both Standard & Poor’s and Moody’s Investors Service announced Wednesday that they have downgraded their ratings on Germany’s Allianz AG, Europe’s largest insurer. S&P also announced that...
Oct 10 2002 // Yesterday was not a good one for German insurers. In addition to lowering its ratings on Allianz (see previous article), Standard & Poor’s also announced that it has lowered its long-term counterparty credit and...
Oct 9 2002 // The article which appeared Friday concerning Standard & Poor’s decision to lower its ratings on Swiss Re from ‘AAA’ to ‘AA+’ incorrectly identified Employers Re (ERC) as one of the three...
Oct 4 2002 // Standard & Poor’s announced yesterday that it has lowered its long-term counterparty credit and insurer financial strength ratings on Swiss Reinsurance Co. and related core subsidiaries of the Swiss Re group to...
Oct 3 2002 // Standard & Poor’s announced that it has lowered its double-‘A’-plus long-term insurer financial strength and counterparty credit ratings on NRMA Insurance Ltd. and IAG New Zealand Ltd. to...
Oct 1 2002 // Standard & Poor’s has placed its double-‘A’-plus counterparty credit and financial strength ratings on Employers Reinsurance Corp. and its wholly owned subsidiaries (collectively referred to as ERC)...
Sep 27 2002 // Standard & Poor’s announced the launch of its Lloyd’s Syndicate Assessments (LSAs), “a new tool for analyzing the syndicates operating in the Lloyd’s of London Insurance Market.”S&P...
Sep 24 2002 // Standard & Poor’s announced that its ratings on Gerling-Konzern Globale Ruckversicherungs-AG (GKG) and related entities will “remain on CreditWatch with developing implications,” and that its...
Sep 18 2002 // Standard & Poor’s indicated that its ratings on Switzerland’s Zurich Financial Services (ZFS) will “remain on CreditWatch with negative implications, where they were placed on Sept. 5, 2002, pending...
Sep 18 2002 // Standard & Poor’s assigned its “R” financial strength ratings to three subsidiaries of The Seibels Bruce Group Inc.: South Carolina Insurance Co. (SCIC), Catawba Insurance Co. (CIC), and Consolidated...
Sep 16 2002 // S&P’s affirmed its “AAA”/”A-1+”counterparty credit, “A-1+” commercial paper, and “AAA” senior debt ratings on Berkshire Hathaway Inc. because of the...
Sep 12 2002 // Italian insurer Societa Assicuratrice Industriale SpA. (SAI) announced that it would exercise the call/put option it has with a group headed by J.P. Morgan Chase to acquire an additional 19.8 percent stake in rival insurer...