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S&P has lowered its credit outlook for Alabama-based ProAssurance following the carrier’s disclosure of impacts from a worsening tort environment...
The action comes amid a period of heightened focus on Florida carriers after Demotech signalled a tough line...
Standard & Poor’s (S&P) has upgraded the financial strength rating (FSR) of French mutual Covea’s core subsidiaries and guaranteed entities from A+ to AA-...
Florida-focused rating agency Demotech intends to downgrade more than a dozen Floridian carriers in the next three months, according to a letter sent to the state’s property insurer of last...
Wells Fargo analyst Elyse Greenspan has downgraded Travelers, Axis and United Insurance to underweight as social inflation and prior year losses bite into carrier profits...
AM Best has revised from stable to negative its outlooks for Qatar Insurance Company and Bermudian subsidiary Qatar Reinsurance Company...
AM Best has revised its outlook on Nationwide Group and its members, including Nationwide Mutual, from negative to stable, but warned...
S&P has assigned Fidelis’ subsidiaries in Bermuda, the UK and Ireland an A- issuer credit and financial strength rating, citing the carrier's...
AM Best has revised the outlook for Cayman Islands-domiciled Barents Re to negative from stable due to declining profitability...
S&P has given Stephen Catlin and Paul Brand-led startup Convex an A- financial strength rating, citing the carrier’s experienced management team and strong capital base...
