Reinsurance News
S&P Global Ratings
Global reinsurance viewed as stable amid uncertainty: S&P
13th June 2025
At S&P Global Ratings’ 41st Annual North American Insurance Conference, the key topic of conversation was uncertainty, yet S&P believes the industry is well-positioned to withstand it, viewing global reinsurance and North American life and property/casualty (P/C) insurance as stable. The main areas of uncertainty—and volatility—on the minds of S&P’s external ... Read the full article
S&P highlights strong capitalisation and competitive strength of top EMEA insurers
5th June 2025
According to S&P Global Ratings, insurers based in Europe, the Middle East, and Africa (EMEA) maintain strong capital foundations and capital buffers that enable them to endure external shocks effectively. S&P’s criteria show that the aggregate capital adequacy of these insurers consistently surpasses a 99.99% confidence level, reflecting a highly secure ... Read the full article
Earnings to remain stable for global multiline insurers in 2025: S&P
30th May 2025
Global multiline insurers (GMIs) are expected to report stable profits or a low single-digit increase in profits in 2025, compared with 2023-2024, S&P revealed in a recent report. "We anticipate aggregate earnings of $65 billion-$75 billion over 2025-2026. This reflects the positive growth outlook in our base-case scenario and underscores insurers' ... Read the full article
S&P lowers USAA rating, citing bank weakness and insurance gains
29th May 2025
S&P Global Ratings, a provider of independent credit assessments and financial analysis, has downgraded the credit ratings of United Services Automobile Association (USAA) and its core insurance subsidiaries from ‘AA+’ to ‘AA’. The ratings firm, known for its evaluations of companies’ creditworthiness and financial stability, assigned a stable outlook to the ... Read the full article
Arundo Re’s growth ambitions earns S&P positive assessment
23rd May 2025
S&P Global Ratings has expressed a positive view on Arundo Re’s strategic growth ambitions, assigning the international reinsurer a financial strength rating of ‘A’ with a stable outlook. The credit rating agency highlighted Arundo Re’s (formerly known as CCR Re) potential for sustained profitability and expansion backed by its majority ... Read the full article
S&P upgrades QBE’s ratings on improved underwriting and pricing discipline
23rd May 2025
S&P Global Ratings has raised its long-term issuer credit rating on QBE Insurance to 'A' from 'A-', and has also raised the issuer credit and financial strength ratings on its core operating entities to 'AA-' from 'A+'. According to S&P, the upgrade reflects its view that QBE’s earnings resilience has strengthened, ... Read the full article
S&P cites Bermuda’s key insurance industry as islands sovereign ratings affirmed
14th May 2025
S&P Global Ratings has affirmed Bermuda’s long-term sovereign credit rating at 'A+' and its short-term rating at 'A-1', with a stable outlook. This reflects expectations of a steady macroeconomic environment underpinned by strong institutional frameworks, prudent fiscal policy, and a high-income economy. The stable outlook indicates S&P's view that Bermuda will maintain ... Read the full article
S&P downgrades State Farm General Insurance credit ratings on weak underwriting & wildfire impact
14th May 2025
S&P Global Ratings has lowered State Farm General Insurance’s (SFGI) financial strength and issuer credit ratings to 'A+' from 'AA', citing a significant deterioration in the company’s capital regulatory solvency ratios. The ratings remain on CreditWatch with negative implications. CreditWatch is S&P’s system used to indicate that a company's credit rating ... Read the full article
Cyber insurance premiums stabilise in 2025, but market penetration remains below 10% for SMEs: S&P
14th May 2025
Cyber insurance is progressing toward maturity, but key challenges remain, according to insights shared during a recent webinar hosted by S&P Global Ratings, a provider of credit ratings, research, and risk analysis. During the session, titled “The Changing Face of Cyber Insurance,” a panel of S&P Global Ratings analysts and industry ... Read the full article
S&P revises outlook to positive for MS Amlin and MS Amlin Insurance on improved performance
2nd May 2025
S&P Global Ratings, a provider of credit ratings and financial market insights, upgraded its outlook for MS Amlin AG (operating as MS Reinsurance) and MS Amlin Insurance SE (MS AISE) from "stable" to "positive." This revision reflects the entities' improved operational performance and the strategic developments within the MS&AD Insurance Group. S&P ... Read the full article
North American insurers poised to withstand current market volatility: S&P
11th April 2025
North American insurers’ robust capital and liquidity buffers will allow them to withstand the current market volatility, including tariff-related downturns, without an immediate impact to ratings or outlooks, S&P Global Ratings highlighted in a recent report. Global markets were significantly impacted by the US administration's announcement of sweeping tariffs and the ... Read the full article
Reinsurers to weather tariff-induced market volatility with minimal impact: S&P
11th April 2025
Global reinsurers will experience only a minor impact from declines in global equity markets triggered by tariffs and counter-tariffs imposed by the U.S. and other nations, thanks to their conservative investment strategies, says S&P. Last week, President Trump introduced a broad tariff plan that aimed to reshape global trade dynamics and ... Read the full article
S&P upgrades Global Atlantic’s ratings on strong capital
8th April 2025
S&P Global Ratings has raised the financial strength and issuer credit ratings of Global Atlantic Financial Group's (GAFG) operating insurance entities to 'A' from 'A-', assigning a stable outlook. Concurrently, the credit rating agency also upgraded the holding company's rating to 'BBB' from 'BBB-'. The rating upgrades reflect GAFG's strengthened capital adequacy ... Read the full article
S&P highlights potential for RenaissanceRe rating upgrade
2nd April 2025
S&P Global Ratings revised its outlook on RenaissanceRe Holdings Ltd. (RenRe) and its subsidiaries from stable to positive, reflecting the potential for a one-notch upgrade within the next 12 to 24 months if the Bermuda-based reinsurer maintains excellent capitalisation and positive results. S&P also affirmed its 'A-' issuer credit ratings on ... Read the full article
Korean wildfires will prompt insurers to strengthen cat insurance: S&P
1st April 2025
South Korea's worst wildfire in history could prompt insurers to strengthen their risk management and underwriting expertise, and to potentially seek more protection through reinsurance, as the event could make individuals seek more protection against catastrophe and weather-related events, according S&P Global Ratings analysts. "South Korea's wildfires will lead to moderately ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
