Standard & Poor’s maintains negative outlook for insurers

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The credit rating agency warned that it had not yet completed its review of the Allianz, Aviva and Axa groups.

In December 2011 S&P first warned that these groups all faced the possibility of a one notch downgrade due to the effect of their exposure to Eurozone sovereign debt.

A statement on the update from S&P read: "The bias of our insurance ratings in the Eurozone and Europe as a whole remains negative.

"Of our ratings, approximately 30% have negative outlooks or are on CreditWatch with

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

To continue reading...

Sign In

Access Insurance Age

You are currently on corporate access.