Rating Agencies
P/C Insurers, Reinsurers Face Earnings Volatility Due to New Accounting Requirement: Fitch Ratings
Many insurers and reinsurers are facing some earnings volatility in 2018 due to a change in accounting requirements for equity securities, Fitch Ratings said in new market commentary. According to ...
Caribbean Insurers Well Withstood Impact of Record-Setting Hurricanes: A.M. Best
An analysis of A.M. Best-rated property/casualty insurers based in the Caribbean reveals that hurricanes Irma and Maria were mainly earnings events, and that the responsiveness of reinsurers allowed ...
‘007 Couldn’t Speed Up AIG Fix; Capital No Longer Ratings Differentiator: S&P
Even if James Bond were American International Group's chief executive instead of Brian Duperreault, he couldn't orchestrate a quick enough turnaround to prompt S&P to change the outlook on the ...
S&P’s Ratings, Negative Outlook for AIG Will Continue
S&P Global Ratings has affirmed its 'A+' insurer financial strength rating and 'BBB+' long- and 'A-2' short-term issuer credit ratings on American International Group Inc. (AIG), and its 'A+' ...
E&S Player Gets an S&P Upgrade; Alleghany’s RSUI Now at ‘A+’
S&P Global Ratings announced an upgrade of its financial strength ratings for Allegheny's RSUI companies to "A+" on Wednesday, citing the excess and surplus lines operations' "core" status to the ...
Assurant Gets A.M. Best Financial Strength Ratings Affirmation
Assurant can celebrate the fact that A.M. Best affirmed its financial strength ratings, but that news also came with a few words of caution. The ratings agency said that there were a few check marks ...
AXA’s $15.3B Deal to Buy XL Group Leads to S&P CreditWatch Negative Status
Standard & Poor's placed France's AXA on CreditWatch with negative implications over its planned $15.3 billion purchase of XL Group Ltd. The ratings agency said it is worried about what the ...
AXIS’ A.M. Best Outlooks Revised to Negative; Struggling Insurance Arm Blamed
AXIS Capital Holdings' money-losing insurance segment has drawn the attention of A.M. Best, which revised its outlooks for the Bermuda-based carrier to negative from stable, based largely on its ...