Standard & Poor’s (S&P)
Munich Re transfers European windstorm risks to capital markets
Munich Re has acquired coverage for European windstorm risks with volume of $150m from Queen Street III Capital, which in turn has placed a catastrophe bond for this amount on the capital markets.
S&P downgrades Groupama IFS rating
The insurer financial strength rating of Groupama has been downgraded from ‘A-‘ to ‘BBB+’ by Standard & Poor’s because of its “material exposure to Greek government bonds”.
Overseas market - Saudi Arabia: full of Middle Eastern promise
With a fast-growing insurance sector, Saudi Arabia is a country on the move. Dexter Morse gives a detailed overview of market developments and potential.
S&P: Provident rating may improve by two notches after Covea deal
Standard & Poor's has placed its 'BB+' long-term counterparty credit and insurer financial strength ratings on Provident Insurance on CreditWatch with positive implications.
S&P confirms Allianz' Japan rating
Standard & Poor's has confirmed its AA- (stable) rating of Allianz Fire and Marine Insurance Japan.
Willis Re: S&P economic capital criteria “incentivises insurers”
Willis Re’s report on Standard & Poor’s new criteria for assessing insurers’ economic capital models has found the latest S&P release “incentivises insurers to adopt more sophisticated internal capital models” by giving them the opportunity to use the…
Aviva boss: earthquake will not impact GI rates
Global general insurance rates will not be dramatically affected by Japan's earthquake and tsunami, according to Aviva's chief underwriting officer.
Aviva outlook revised to "stable" after "strong progress"
Standard & Poor's has revised its outlook on Aviva to stable from negative.
Delta Lloyd outlook revised to 'stable'
Standard & Poor's Ratings Services today revised the outlook of the Delta Lloyd ratings to 'stable' from 'negative'.
S&P places Axa (Ireland) on credit watch neg
Standard & Poor's ratings services has placed its 'BBB+' long-term counterparty credit and insurer financial strength ratings on Axa Insurance (Ireland) on credit watch with negative implications.
S&P places Axa (Ireland) on credit watch neg
Standard & Poor's ratings services has placed its 'BBB+' long-term counterparty credit and insurer financial strength ratings on Axa Insurance (Ireland) on credit watch with negative implications.
S&P: Omnibus II will stabilise insurer rating environment
Standard & Poor's today said it believes the European Commission's publication of its proposed revisions - known as Omnibus II - to the Solvency II directive, will have a stabilising impact on the market.
Berkshire Hathaway backs Willis energy facility
Willis has created a facility designed to provide additional underwriting capacity for the oil and gas industry.
S&P predicts Russian insurer will diversify in PL
Standard & Poor's has assigned its 'BB-' long-term counterparty credit and insurer financial strength ratings to Russia-based Energogarant JSIC.
S&P revises its outlook on Dutch insurer Eureko
Standard & Poor's has revised to stable from negative its outlook on the core operating entities and the holding companies of Netherlands-based multiline insurer Eureko Group.
S&P revises RSA outlook to positive
Ratings agency Standard & Poor’s has revised its outlook for RSA to positive and affirmed the insurer's A ratings for financial strength and long-term counterparty credit.
Interview - Roger Brown: Adding value for members
Roger Brown is nearing his second full year as managing director of the ECIC. Mairi MacDonald talks to him about the changes instigated and challenges ahead.
Garantia Insurance assigned 'A-' rating
Standard & Poor's Ratings Services said today that it assigned its 'A-' long-term counterparty credit and insurer financial strength ratings to Finland-based credit insurer Garantia Insurance Company, with an outlook of stable.
Garantia Insurance assigned 'A-' rating
Standard & Poor's Ratings Services said today that it assigned its 'A-' long-term counterparty credit and insurer financial strength ratings to Finland-based credit insurer Garantia Insurance Company, with an outlook of stable.
S&P upgrades Dubai insurer
Ratings agency Standard & Poor’s have upgraded the outlook of Dubai-based takaful insurer Aman from negative to stable.
Ex-Irish PM slams tax rise demands
A former Irish Prime Minister has said that forcing Ireland to raise corporation tax from 12.5% would have been "counter-intuitive" of countries involved in bailing out the troubled economy.
MMA suffers S&P downgrade
Ratings agency Standard & Poor’s has downgraded the financial strength and counterparty credit ratings for French insurer MMA.
MMA suffers S&P downgrade
Ratings agency Standard & Poor’s has downgraded the financial strength and counterparty credit ratings for French insurer MMA.
Ireland-based insurers "independent" of sovereign credit ratings
The body that represents the international insurance industry in Ireland has outlined the position of Standard & Poor's position regarding the Irish sovereign rating and its implications for international insurers operating in Ireland.