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By Mark E. Ruquet |
February 2, 2012
Standard & Poor’s Ratings Service warns that signs are pointing to more unprofitable years for the U.S. Workers’ Compensation insurance market, and downgrades could be in the future if no improvement is shown.
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By Mark E. Ruquet, PropertyCasualty360.com |
January 23, 2012
Standard & Poor’s Ratings Services warns that signs are pointing to more unprofitable years for the U.S. workers’ compensation insurance market and downgrades could be in the future if there is no improvement.
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By Katharina Bart, Reuters |
December 12, 2011
Swiss Re said Chief Executive Stefan Lippe will take early retirement after roughly three years at the helm in a surprise move which analysts said added a new element of uncertainty to a company Lippe had helped stabilize.
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By Chad Hemenway, PropertyCasualty360.com |
October 28, 2011
Swiss Reinsurance Co. Ltd. has regained a credit rating of AA-minus from Standard & Poor’s, which says the Zurich-based reinsurer successfully de-risked its asset portfolio.
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By Staff Writer |
September 28, 2011
Standard & Poor's Ratings Services says it is placing the AA-plus financial strength rating of Assured Guaranty Municipal Corp. and the AA rating Assured Guaranty Re Ltd. on CreditWatch with negative implications, prompting an objection to S&P’s new rating criteria by the financial-guaranty insurer.
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By Phil Gusman, PropertyCasualty360.com |
August 24, 2011
Douglas Peterson will replace Deven Sharma as president of Standard & Poor’s, effective Sept. 12, 2011, the rating agency has announced.
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By Christina Bramlet, PropertyCasualty360.com |
August 17, 2011
PropertyCasualty360.com’s Claims Channel Editor Christina Bramlet is twittering every day about breaking news and timely topics. Check out the latest claim-related tweets.
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By Arthur D. Postal, PropertyCasualty360.com |
August 11, 2011
The insurance industry is coalescing around a surplus-lines allocation formula proposed by Kentucky regulators as a means of breaking the impasse over implementation of the new federal surplus-lines reform and modernization law.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 15, 2011
Two rating agencies say the unsolicited bid by Validus Holdings Ltd. to acquire Transatlantic Reinsurance Co. does not affect Validus’ rating.
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By Mark E. Ruquet, PropertyCasualty360.com, Chad Hemenway, PropertyCasualty360.com |
March 7, 2011
While American International Group reported a 2011 fourth-quarter net profit of more than $11 billion, its property and casualty subsidiary Chartis came in with an underwriting loss of $5.2 billion, primarily because of its reserve charge.
