Standard & Poor’s News
Post-Brexit, UK Insurance Industry Attempts to Calm Nerves
The U.K. joined the European Union in January 1973, and yesterday, the U.K. public voted to leave. After 43 years of marriage, the divorce proceedings will soon begin. No one knows how long it will ...
Margin of Loss Reserve Adequacy Down to 2%; Well May Run Dry: Conning
Loss reserves for the U.S. property/casualty industry are still adequate, but the fat was trimmed down to roughly 2 percent of overall carried reserves for year-end 2015, an analyst reported last ...
S&P Conference Report: Distribution Costs Too High, Carrier Execs Say
The high cost of distribution was top of mind for chief executive officers speaking at the Standard & Poor's 2016 Insurance Conference on Wednesday. "If somebody asks you to donate a dollar to a ...
U.S. Flood Insurance Reform Will Spur Trickle of New Players: S&P
Opening U.S. flood insurance to private insurers won't lead to a surge of new market entrants, Standard & Poor's asserts in a new report. Even if Congress passes legislation to make the change as ...
Smart Choices, Luck Help U.S. P/C Insurers Stay Stable: S&P
Good news alert: the U.S. property/casualty insurance sector "has been dealt a good hand" and remains stable due to smart choices and a little bit of luck, Standard & Poor's said in a new report. ...
S&P Sees Proposed Insurer Rules as Strong on Risk Management
Standard & Poor's said the Federal Reserve Board's proposed rules for insurers under its oversight are strong as far as risk management, but uncertainty remains as to other crucial details. "We ...
The Real Story Behind Bermuda Insurers’ Premium Jump
At first glance, Bermudian re/insurance companies appeared to start the year with a bang, reporting a 21 percent increase in consolidated gross premiums written (GPW), according to a new report ...
Insurers Can Endure Best by Being Global and Diversified: S&P
Global, diversified insurers are best positioned to withstand the industry's top economic and competitive challenges, according to a report published by Standard & Poor's Global Ratings. ...