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Various Ratings Actions Taken On European Insurers Following Recent Sovereign Rating Actions

Published Jan 17, 2012

2765 words — Published Jan 17, 2012

Price US$ 150.00 | Buy this Report Now

About This Report

Abstract:

OVERVIEW On Jan. 13, 2012, we lowered the ratings on nine and affirmed the ratings on seven of the 17 eurozone member governments. We removed all sovereign ratings from CreditWatch negative. As a result, we are lowering the ratings on Mapfre Group, Millenniumbcp-Ageas Group, and Allianz SpA by two notches; and Caisse Centrale de Reassurance (CCR) and Nacional de Reaseguros S.A. (Nacional) by one notch. We are removing these ratings from CreditWatch negative. We are also lowering the ratings Cattolica, Generali (except for Deutsche Bausparkasse Badenia AG), and Unipol by one notch. We are keeping them on CreditWatch negative, except for Generali USA Life Reassurance Co., which has a stable outlook. Finally, we are affirming the ratings on five Irish

Brief Excerpt:

RESEARCH Various Ratings Actions Taken On European Insurers Following Recent Sovereign Rating Actions Publication date: 17-Jan-2012 Primary Credit Analyst: Rob Jones, London (44) 20-7176-7041; rob_jones@standardandpoors.com Secondary...

Report Type:

Ratings Action

Ticker

R@IM

Issuer

Allianz SpA

GICS

Multi-line Insurance (40301030)

Sector

Global Issuers, Structured Finance

Country

Italy

Region

Europe, Middle East, Africa

Format:

HTML

Summary: Allianz SpA – 2012/04/26 – US$ 225.00

Research Update: Italy-Based Allianz SpA Ratings Lowered To 'A' After Sovereign Downgrade; Outlook Negative – 2013/07/12 – US$ 225.00

Four Italian Insurers Downgraded After Rating Action On Italy; One Affirmed; Outlooks Stable – 2014/12/12 – US$ 150.00

Research Update: Italy-Based Allianz SpA Ratings Lowered To 'A-' After Sovereign Downgrade; Outlook Stable – 2014/12/12 – US$ 225.00

Research Update: Italy-Based Allianz SpA Ratings Raised To 'A' After Sovereign Upgrade; Outlook Stable – 2017/10/31 – US$ 225.00

Italy-Based Allianz SpA Outlook Revised To Negative From Stable Following Sovereign Action; 'AA' Ratings Affirmed – 2011/09/23 – US$ 150.00

Research Update: Italy-Based Allianz SpA Outlook Revised To Negative From Stable Following Sovereign Action; 'AA' Ratings Affirmed – 2011/09/23 – US$ 225.00

Lloyd Adriatico,Allianz Subalpina Ratings Withdrawn; Allianz SpA 'AA' Affirmed; Outlook Stable – 2007/10/03 – US$ 150.00

Research Update: Lloyd Adriatico,Allianz Subalpina Ratings Withdrawn; Allianz SpA 'AA' Affirmed; Outlook Stable – 2007/10/03 – US$ 225.00

RAS - Riunione Adriatica di Sicurta SpA – 2003/07/21 – US$ 500.00

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Various Ratings Actions Taken On European Insurers Following Recent Sovereign Rating Actions" Jan 17, 2012. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Various-Ratings-Actions-Taken-On-European-Insurers-Following-Recent-Sovereign-Rating-Actions-931676>

APA:	S&P Global Ratings’ Credit Research. (). Various Ratings Actions Taken On European Insurers Following Recent Sovereign Rating Actions Jan 17, 2012. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Various-Ratings-Actions-Taken-On-European-Insurers-Following-Recent-Sovereign-Rating-Actions-931676>

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