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S&P: next global downturn ‘unlikely to be as bad as 2008’
Insurance
A report from ratings agency S&P offered some succour on the widely debated topic of another global credit downturn, saying “the next crisis, if any, is unlikely to be as dramatic as in 2008-2009”.   12 March 2019
Many reinsurers ‘increase cat risk exposure’ to exploit 2019 price uptick, finds S&P Global
Insurance
Most of the top 20 reinsurers have switched strategy to take advantage of the price uptick, seen during the April, June and July 2019 renewals, by increasing their exposure to catastrophe risk, a report from S&P Global has found.   9 August 2019
S&P says Swiss Re ReAssure ratings to remain negative following IPO suspension
Insurance
S&P Global Ratings has said that its 'A-' ratings on Swiss Re ReAssure (SRRAL) will remain on Credit Watch with negative implications following the suspension of its initial public offering (IPO) on July 11.   17 July 2019
Insurance
S&P Global Ratings expects the insured losses from wildfires in northern and southern California to be contained as an earnings event and for the reinsurance sector to be able to absorb the impact from these fires as well as recent hurricanes although catastrophe budgets will be strained.   19 November 2018
Insurance
The new unit will provide liability and property solutions to the wholesale brokerage market.   3 September 2020
Insurance
R&Q expects to enter the US E&S programme management market in the fourth quarter of 2020.   9 September 2020
Insurance
The NAIC approval is subject to the execution of its ongoing US E&S lines trust agreement.   13 March 2020
Insurance
S&P Global Ratings said the less generous than expected minus 0.25 percent Ogden discount rate announced yesterday is ‘just a bump in the road’ for UK motor insurers.   16 July 2019
Insurance
Korean Re’s reinsurance subsidiary in Switzerland, which opened on 1 June 2019, has achieved an ‘A’ rating from S&P Global Ratings.   5 July 2019
Insurance
S&P Global Ratings has changed the outlook to stable from negative for Berkshire Hathaway's (BRK's) operating insurance subsidiaries, National Indemnity, Government Employees Insurance, General Reinsurance, and other related insurance subsidiaries due to a more robust capital base.   27 September 2018

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