Analysts for Standard & Poor’s Global Ratings shared a view that U.S. underwriting losses from COVID-19 would fall in the $15-$30 billion range. However, risk officers speaking at a rating agency conference last week said the estimate is light. S&P …
Despite uncertainties regarding final loss totals from Hurricane Sandy, Standard & Poor’s Ratings Services expects only a limited ratings impact on insurers and reinsurers exposed to such losses, according to a report, “Hurricane Sandy Brings Unexpected Risks But Limited Credit …
Standard & Poor’s will change the way it assigns global ratings to insurers, in part to increase the consideration of country risk in the way a company is evaluated, the credit ratings agency said on Thursday. The changes will apply …