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Research Update: Mapfre Re Upgraded To 'AA' On Core Status; Outlook Stable; U.S. Subsidiary Outlook To Negative Jul 06 Product Image

Research Update: Mapfre Re Upgraded To 'AA' On Core Status; Outlook Stable; U.S. Subsidiary Outlook To Negative Jul 06

  • ID: 1713022
  • July 2006
  • Region: United States
  • Standard & Poors

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.

Abstract
On July 18, 2006, Standard & Poor's Ratings Services raised its long-term counterparty credit and insurer financial strength ratings on Spain-based reinsurer Mapfre Re Compa--a de Reaseguros, S.A. (Mapfre Re) to 'AA' from 'AA-'. The outlook is stable. At the same time, Standard & Poor's revised its outlook READ MORE >

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