|
|
 |
|
Viewing report
|
|
|
|
Research Update: Various European Insurers Placed On CreditWatch Negative Following Recent Sovereign Rating Actions Dec 11
Standard & Poors, Dec 2011
Abstract
On Dec. 5, 2011, Standard & Poor's placed the ratings on 15 of the 17 eurozone member governments on CreditWatch negative. As a result, we are placing the ratings on certain European insurance providers on CreditWatch negative. Depending on the outcome of our review of the ratings on the eurozone member governments, the long-term ratings on these insurers could be lowered by one or two notches, and short-term ratings for some issuers could be lowered by one notch. On Dec. 9, 2011, Standard & Poor's Ratings Services placed its ratings on the following insurers (and certain related operating subsidiaries and certain holding companies) on CreditWatch with negative implications: Allianz Group (including the Euler Hermes group) Aviva Group Axa Group Caisse...
Action: CreditWatch Update
Action: On CreditWatch:Negative
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.
|
|
|
|
