Articles

Insurance

S&P upgrades Russia’s LEXGARANT on management, governance improvements

S&P Global Ratings said that it has raised aviation and travel insurer LEXGARANT Insurance’s long-term counterparty credit and financial strength ratings to 'B+' from 'B'.   31 May 2017

Insurance

UK MGA Optio expands in Scandinavian with marine acquisition

The deal is latest jigsaw piece as Optio puts together European MGA network.   3 March 2025

News

S&P withdraws Ballantyne Re ratings

Standard & Poor's (S&P) has withdrawn its ratings on various notes issued by Ballantyne Re due to lack of market interest.   30 November 2015

Insurance

S&P downgrades NN Group on Delta Lloyd acquisition

Ratings agency S&P Global Ratings has downgraded Dutch insurer NN Group due to the financial resources used to acquire its competitor Delta Lloyd which are reducing its capital buffers.   11 May 2017

Insurance

Nat cat losses to become capital event for reinsurers: S&P

Losses from natural catastrophes in the third quarter will likely wipe out global reinsurers' annual earnings and ultimately become a capital event for the sector, S&P Global Ratings said on Oct. 13.   16 October 2017

Insurance

Risk for global marine P&I sector is intermediate: S&P

Industry and country risk for the global marine protection and indemnity (P&I) insurance sector has been labelled as intermediate by Standard & Poor’s (S&P) in its insurance industry and country risk assessment (IICRA).   11 February 2016

Insurance

Renewals: coming to terms with mixed outcomes

In a market still dominated by COVID-19, renewal season was met with a few unanticipated outcomes despite an early start and hardening rates, a Re/insurance Lounge panel found.   11 February 2021

Insurance

Gap in two-tiered market growing: S&P

The gap between first tier and second tier reinsurers is growing as cedants gravitate towards the first tier. This is the finding of Standard & Poor’s (S&P) in its latest report on large US cedants.   26 October 2015

Insurance

US P/C sector to remain stable in 2016: S&P

The US property/casualty (P/C) sector is likely to experience another stable year in 2016, according to rating agency Standard and Poor’s (S&P).   14 January 2016

Insurance

Barbican unveils US E&S property MGA with Ariel Specialty hires

Barbican Insurance Group has established a new US specialty managing general agency (MGA) led by Colin Mayo, the former executive vice president and chief underwriting officer at Ariel Specialty.   16 November 2017

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