15-Oct-2022 05:00 HKT

Central States Indemnity Co. of Omaha And CSI Life Insurance Co. Ratings Lowered, Then Withdrawn At Issuers' Request

Central States Indemnity Co. of Omaha (CSI Omaha) and CSI Life Insurance Co. (CSI Life) are in run-off. We revised the group status for both entities to strategically important from highly strategic in relation to their parent company, Berkshire Hath...

29-Sep-2020 04:46 HKT

Berkshire Hathaway Inc.'s Insurance Group 'AA+' Ratings Affirmed On Capital And Earnings Strength; Outlook Is Stable

Berkshire Hathaway Inc.'s insurance segment (BRKIS) is exposed to significant investment volatility from its large equity investment portfolio, although excellent capitalization and strong earnings enabled it to absorb the hit. A high proportion of c...

26-Sep-2019 06:12 HKT

Berkshire Hathaway Inc.'s Core Insurance Subsidiaries 'AA+' Ratings Affirmed; Outlook Remains Stable

Berkshire Hathaway Inc.'s insurance segment (BRKIS) benefits from a well-diversified mix of insurance and reinsurance businesses, its leadership position in a number of lines, and a large balance sheet supporting its very strong capitalization. A rel...

06-Dec-2018 00:24 HKT

Credit Conditions: Global Conditions Are Tightening As Trade And Economic Worries Mount

Credit conditions are becoming more challenging for borrowers around the world, as trade tensions, increases in borrowing costs in some regions, and a historic stretch of economic expansion—particularly in the U.S.—shows signs of slowing. S&P Global ...

27-Sep-2018 00:54 HKT

Berkshire Hathaway Inc.'s Insurance Subsidiaries Outlook Revised To Stable From Negative On Improved Capitalization

We expect risk-adjusted capitalization of Berkshire Hathaway Inc.'s combined insurance subsidiaries (collectively, BRKIS), as measured by our capital model, to be redundant at the 'AA' confidence level through 2020. We are therefore revising our outl...

28-Mar-2018 23:26 HKT

Credit Conditions: North America Sector Outlook--March 2018

Trade tensions resulting from new U.S. tariffs, heightened financial market volatility, and rising interest rates pose the greatest threats to the prolonged period of favorable credit condition in North America--but the prevailing low risk of recessi...

28-Mar-2018 23:20 HKT

Credit Conditions: North America March 2018--Trade Tensions, Market Swings Pose Risks To Benign Conditions

Trade tensions resulting from new U.S. tariffs, heightened financial market volatility, and rising interest rates pose the greatest threats to the prolonged period of favorable credit condition in North America--but the prevailing low risk of recessi...

01-Dec-2017 20:45 HKT

Credit Conditions: North America Sector Outlook--November 2017

The following is a rundown of credit conditions for various business sectors in North America, with a focus on what has changed since the previous quarter. For a broader look at S&P Global Ratings' top risks, and the region's macroeconomic environmen...

01-Dec-2017 20:39 HKT

Credit Conditions: North America November 2017: As Favorable Conditions Persist, All Eyes Are On Washington

As the favorable credit environment in North America stretches on toward unprecedented length, bolstered by steady (if unspectacular) economic growth, the biggest risks borrowers face in the near-term could come from the U.S. capital. The ongoing deb...

28-Sep-2017 23:19 HKT

Credit Conditions: North America Sector Outlook--September 2017

The following is a rundown of credit conditions for various business sectors in North America, with a focus on what has changed since the previous quarter. For a broader look at our top risks and the region's macroeconomic environment and financing c...