All Ratings articles – Page 32
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Converium rejects SCOR takeover bid
Converium says an unsolicited acquisition proposal by SCOR fails to recognise the value of Converium's franchise
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Bermuda to be competitive in Europe
AM Best believes Bermuda reinsurers will become competitive in Europe due to recent events in Florida
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Downgrades as PXRE defaults on obligations
S&P has downgraded Atlantic & Western Re notes as ceding insurer PXRE fails to make a premium payment
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Markel outlook revised to positive
Continued improvements in property-catastrophe risk management have seen Markel's outlook revised to positive
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S&P: Harbor Point ratings affirmed
Harbor Point's casualty book is a key differentiating factor compared with other start-ups, says S&P
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Allstate ratings affirmed; outlook stable
Due to its cat risk exposure reduction programme, AM Best has revised its outlook on Allstate from negative to stable
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Analysis
Back from the brink
For a company that has seen downgrades, restatements and regulatory investigations in its recent history, all fingers are crossed at Converium that a return to the "A" ranks is imminent in 2007, discovers Nick Thorpe.
