European Insurance Credit Trends: Third-Quarter 2011 Market Movements Take Their Toll On Insurers' Capital Adequacy

4402 word report published Nov 04, 2011

Price $500.00, add to your cart

Report Overview

Search Inside

About S&P Credit Research

Abstract:

Recent financial developments, combined with marking-to-market of insurers' investments, have depleted European insurers' balance sheets. Although many insurers had substantially rebuilt their balance sheets from their 2009 low point by mid-year 2011, Standard&Poor's Ratings Services expects that many boards of directors will need to carefully review their third-quarter results and Sept. 30 financial positions. In the past quarter, we have seen the credit quality of certain sovereigns and banks decline, and the economic outlook deteriorate. The effect has been amplified by a sharp fall in interest rates, depressed equity markets, and increased volatility. All these factors helped weaken insurers' third-quarter economic earnings and balance sheets. In our opinion, the European insurance industry's nervousness has grown since we last

Brief Excerpt:

RESEARCH Ratings Definitions PDF European Insurance Credit Trends: Third-Quarter 2011 Market Movements Take Their Toll On Insurers' Capital Adequacy Publication date: 04-Nov-2011 Primary Credit Analyst: Rob Jones, London (44) 20-7176-7041;...

Report Type:

Commentary

Sector:

Global Issuers

Free Sample:

Click Here to Download

Format:

HTML

Enter the keyword(s) which you would like to search for within this document and click "Search"

S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

Price: $500.00

$ £ €

Free Sample

Questions about
this research?

Send page to a friend

More Credit Research

Search all our Credit Research from one place.

Get FREE Research

Can't Decide?

Purchasing premium research sight unseen can be intimidating. We want you to know what you are getting. Visit our FAQ or ask our Customer Service Team any questions about the report you are considering purchasing.