Standard & Poor’s News
Low Catastrophes, High Reserve Releases Mask Reinsurance Industry Weakness
Weak business conditions in the reinsurance industry are being masked by a low level of catastrophes and a high level of reserve releases, said Standard & Poor's Ratings Services and Fitch ...
Efforts to Shake G-SII Tags May be Futile: S&P
Global insurers that have been tagged as systemically important by the Financial Stability Board may not help their cause by breaking up lines of business in efforts to de-designate themselves, ...
Diversification Doesn’t Always Help Ratings: S&P
Weighing in on one of the key points of conflict that pitted American International Group's Peter Hancock against investor Carl Icahn in recent months, Standard & Poor's said that not all types ...
S&P Frees GEICO, National Indemnity, Gen Re from CreditWatch Negative Status
Berkshire Hathaway's insurance subsidiaries are no longer on CreditWatch Negative with Standard & Poor's. The ratings entity removed National Indemnity Co., GEICO and General Reinsurance Corp. ...
Global Reinsurers’ Strong Capital Position Counteracts Competitive Pressures in 2016: S&P
Strength of capital and good enterprise risk management are two of the main reasons the global reinsurance industry will be able to maintain a stable outlook during 2016 from Standard & Poor's ...
U.S. P/C Industry Maintains Stable Outlook for 2016 Despite Tough Market: S&P
Despite ongoing soft market conditions, declining statutory surplus and "unsustainable levels" of reserve releases, the U.S. property/casualty industry will maintain a stable outlook for 2016, ...
A.M. Best Places AIG’s Financial Strength Rating Under Review, with Negative Implications
AIG's massive strategic plan - including a move to boost its loss reserves - caught the attention of A.M. Best. The ratings outfit is not impressed. The financial strength rating for American ...
Analysts’ Viewpoints: Conditions Are Difficult for Reinsurers—But It’s Not All Gloom and Doom
While the reinsurance industry continues to operate in an extremely challenging environment, rating agencies affirm that many companies have responded well over the past year by making defensive ...