Posts Tagged ‘ratings’

S&P Global Ratings affirms Britannia’s ratings as ‘A’ (stable)

S&P Global Ratings affirms Britannia’s ratings as ‘A’ (stable)
S&P Global Ratings, the world’s leading independent credit ratings provider, has affirmed its ‘A’ rating on the Britannia P&I Club.  It added that the outlook remains stable over the next three years based on its view that the Club’s current capital buffer well exceeds S&P’s ‘AAA’...
September 26th, 2018 | P and I Clubs | Read More

S&P Global ratings affirms Britannia P&I’s ratings at ‘A’ (stable) while enhancing its liquidity rating to ‘exceptional

S&P Global ratings affirms Britannia P&I’s ratings at ‘A’ (stable) while enhancing its liquidity rating to ‘exceptional
Andrew Cutler S&P Global ratings affirms Britannia P&I’s ratings at ‘A’ (stable) while enhancing its liquidity rating to ‘exceptional S&P Global Ratings, the world’s leading independent credit ratings provider, has affirmed its ‘A’ long-term financial strength...
August 10th, 2017 | Company Profiles, News, P and I Clubs | Read More

American Hellenic Hull Insurance updates and business progress

American Hellenic Hull Insurance updates and business progress
Ilias Tsakiris American Hellenic Hull Insurance brand grows faster than projected surpassing its main targets during its first year of operation AM Best rating process The American P&I Club’s Centennial Dinner Faster-than-expected growth for American Hellenic Hull Insurance brand American...
July 17th, 2017 | Marine Insurance, P and I Clubs, Press and Media | Read More

Standard & Poor’s reconfirms Norwegian Hull Club ‘A / Stable’ rating

Standard & Poor’s reconfirms Norwegian Hull Club ‘A / Stable’ rating
S&P Global Ratings (S&P), the pre-eminent corporate ratings agency, has reiterated its ‘A with stable outlook’ rating for the Norwegian Hull Club in its latest report. The ratings agency pronounced Norwegian Hull Club’s operating performance as both stable and strong, whilst citing the...
August 22nd, 2016 | P and I Clubs | Read More

Moody’s upgrades Sovcomflot to Ba1, negative outlook

Moody’s upgrades Sovcomflot to Ba1, negative outlook
Global Credit Research – 08 Jun 2016 Upgrades to Ba2 from Ba3 SCF’s senior unsecured issuer rating and outstanding $800m Eurobond rating London, 08 June 2016 — Moody’s Investors Service (Moody’s) has today upgraded to Ba1 from Ba2 corporate family rating (CFR) and to Ba1-PD...
June 9th, 2016 | Markets, Shipfinance, Statistics, Stock Markets | Read More

TT Club announces robust financial results for 2015 and affirmed AM Best A- (Excellent) rating

TT Club announces robust financial results for 2015 and affirmed AM Best A- (Excellent) rating
Knud Pontoppidan TT Club, the leading international transport and logistics insurance provider, today announces its financial results for the year ended 31 December 2015, and AM Best affirms its A- (Excellent) rating for the 10th consecutive year. Highlights: $172.0 million gross earned premiums (2014:...
May 27th, 2016 | Marine Insurance, P and I Clubs | Read More

More blockbuster takeover deals lie ahead in the insurance and reinsurance market, AM Best predicts

More blockbuster takeover deals lie ahead in the insurance and reinsurance market, AM Best predicts
Stefan Holzberger, Chief Rating Officer, AM Best Further substantial mergers and take-overs are on the cards for the insurance and reinsurance market following the dozen such deals in recent times, credit ratings agency AM Best has forecast. Consolidation is moving briskly in the traditional reinsurance...
September 13th, 2015 | Associations, Insurance and Reinsurance, News | Read More

S&P affirms London P&I Club rating on an interactive basis

S&P affirms London P&I Club rating on an interactive basis
Ian Gooch, Chief Executive of A Bilbrough, London Club managers Following S&P’s recent announcement that it would soon be withdrawing public information ratings for insurance companies in Western Europe, the London P&I Club took the decision to proceed to an interactive rating. The process...
December 17th, 2014 | Associations, Marine Insurance, News, P and I Clubs | Read More

Analysts are putting reinsurers’ new capital strategies under the microscope, Fitch Ratings tells London market

Analysts are putting reinsurers’ new capital strategies under the microscope, Fitch Ratings tells London market
Chris Waterman Analysts are putting reinsurers’ new capital strategies under the microscope, Fitch Ratings tells London market,  By James Brewer Big reinsurance companies are switching into alternative capital investments – already to the tune of $45bn – to counter stagnating returns from traditional...
January 25th, 2014 | Insurance and Reinsurance, News | Read More

S&P affirms NORTH P&I Club’s ‘A’ stable rating under revised insurance criteria

Leading ratings agency Standard and Poor’s (S&P) has affirmed North P&I club’s ‘A’ credit rating and stable outlook following a review of marine mutuals based on the agency’s new ratings criteria for insurers. The review confirms North’s continued status both as the second largest...
July 25th, 2013 | P and I Clubs | Read More

Ratings boost for the American Club

Ratings boost for the American Club
Joe Hughes Ratings boost for the American Club Under Standard & Poor’s Ratings Services’ latest review, published July 18, the American P&I Club’s financial strength rating has been raised a full notch from BB+ to BBB-, an investment grade, with a stable outlook. This action follows a...
July 22nd, 2013 | P and I Clubs | Read More

Moody’s reaffirms investment grade for HSH Nordbank with a stable outlook

Moody’s reaffirms investment grade for HSH Nordbank with a stable outlook
HAMBURG/KIEL Moody’s rating agency today set the long-term rating for HSH Nord-bank at “Baa3” and the short-term rating at “Prime-3”, in each case with a stable outlook. This means that Moody’s has lowered the long-term and short-term rating by one notch in each case and reaffirmed HSH Nordbank’s...
July 11th, 2013 | Banking | Read More