S&P
S&P : downgrades French insurer AXA
Rating firm Standard & Poor's lowered its rating on French insurer AXA, citing its exposure to the troubled eurozone.
S&P said it cut AXA Group's...
S&P : French insurer Groupama ratings lowered on announced non-payments on 2007 hybrids
Standard & Poor's Ratings Services has lowered the rating on French insurer Groupama S.A.'s 2007 junior subordinated notes to 'CC' from 'B'. They also...
S&P : Allianz Worldwide Care rating raised to A+
Standard & Poor's Ratings Services has raised its ratings on Dublin-based, Allianz Worldwide Care to 'A+' from 'A'. The outlook is stable.
The upgrade reflects...
S&P : Groupama Insurance ‘BB’ Ratings on watch positive on announced cquisition by Ageas UK
Standard & Poor's Ratings Services has placed Groupama UK on CreditWatch with positive implications.
Groupama UK's parent has agreed to sell the company's non-life insurance...
S&P : Swiss Life upgraded to A- on improved sustainability of its business model
Standard & Poor's Ratings Services raised its long-term counterparty credit and insurer financial strength ratings on Swiss Life's core operating companies to 'A-' from...
Standard and Poor’s downgrading insurers
Standard and Poor's have taken negative movements on the ratings of at least four major insurance groups this weekend, painting a bleak picture for...
S&P affirm German Talanx after acuisition
Standard and Poor's today affirmed their 'A+' rating on German insurer Talanx, after the company announced a complete acquisition of Polish based Towarzystwo Ubezpieczen...
Defaqto takes on Rodrigo as CTO
Defaqto, the independent financial research company, has appointed a new Chief Technology Officer (CTO).
Asitha Rodrigo joins the company after leaving Standard and Poor's, where...
S&P downgrade Lloyd’s syndicate
Standars and Poor's lowered its Lloyd's Syndicate Assessment (LSA) on Canopius Managing Agents on Saturday, saying the syndicate's capitalisation had deteriorated to a marginal...
S&P unimpressed with ING restructure
Standard and Poor's have downgraded ING Life Insurance, after a restructure of the company. ING's financial strength and counterparty credit ratings were lowered to...
S&P : Euler ratings withdrawl
Standard and Poor's has removed it's 'AA-' rating on France-based insurance group Euler Hermes, after the group restructured. In the move, the company merged...
S&P lower UAE insurer credit rating
Standard and Poor's has lowered their credit rating on United Arab Emirates insurer, Noor Takaful Family, to BB+ with a stable outlook.
The movement comes...
S&P : European insurers latest to get credit warning
Standard & Poor's on Friday warned a swathe of European insurers that they could face a credit downgrade as a result of the continent's...
S&P : Pinnacle Insurance outlook revised to stable
Standard & Poor's announced that it revised to stable from negative the outlook on Pinnacle Insurance. At the same time, the 'BBB+' long-term counterparty...
S&P : Scor Reinsurance Ireland ‘A’ rating affirmed
Standard & Poor’s has affirmed its ‘A’ long termfinancial strength rating for Scor Reinsurance Ireland with a stable outlook.
S&P has also removed all ratings...
S&P : Swiss Re and core subs upgraded
Standard & Poor’s raised long term counterparty credit and insurer financial strength rating for Swiss Reinsurance and its core subsidiaries to ‘AA-’ from ‘A+’.
The...
S&P : Liverpool Victoria Insurance and Highway Insurance assigned ‘BBB+’
Liverpool Victoria Friendly's core operating entities, Liverpool Victoria Insurance and Highway Insurance, have both been assigned ‘BBB+’ insurer financial strength ratings by Standard &...
S&P : ratings on Mapfre Insurance Group and subsidiaries lowered following downgrade of Spain
Standard & Poor’s has announced Mapfre Insurance Group’s insurer financial strength and long-term counterparty credit rating have bee lowered to ‘AA-‘ from ‘AA’. At...
S&P : German, UK and French motor insurers face an uphill drive for profitability
German, French and UK motor insurers should face an uphill struggle for profitability, and may not reach breakeven on their underwriting results before 2012...
S&P : comments on prospects for ratings on global multiline insurers in face of market turmoil
Standard & Poor’s new report entitled “Sovereign Exposure and Market Volatility Could Pose Heightened Threat To Ratings On Global Multiline Insurers" was released today....
