23-Apr-2025 00:56 HKT

EMEA Insurers Ratings List: Financial Strength Ratings And Scores Published

LONDON (S&P Global Ratings) April 22, 2025--S&P Global Ratings today published its latest " EMEA Insurers Ratings List: Financial Strength Ratings And Scores." The report provides its long-term financial strength ratings (FSRs) and ratings scores for...

07-Nov-2024 19:03 HKT

St. James’s Place U.K. PLC 'A-' Ratings Withdrawn At The Issuer's Request

LONDON (S&P Global Ratings) Nov. 7, 2024--S&P Global Ratings withdrew its 'A-' long-term issuer credit and financial strength ratings on U.K.-based insurer St. James's Place U.K. PLC at the company's request. At the time of withdrawal, the outlook wa...

02-Mar-2024 01:08 HKT

St. James's Place U.K. Outlook Revised To Negative On Refund Provision, 'A-' Rating Affirmed

St. James's Place UK PLC (SJP) has put in place a £426 million provision for customer refunds, leading to much reduced cash result of £68.7 million in 2023. The provision for refunds follows a challenging year for SJP where new regulatory rules led t...

14-Dec-2023 21:28 HKT

St. James's Place U.K. Affirmed At 'A-' Following Revised Capital Model Criteria; Outlook Stable

On Nov. 15, 2023, we published our revised criteria for analyzing insurers' risk-based capital (see "Insurer Risk-Based Capital Adequacy--Methodology And Assumptions"). The revised criteria has not changed our assessment of St. James's Place U.K. PLC...

25-Jul-2019 21:28 HKT

St. James's Place U.K. PLC Ratings Affirmed At 'A-'; Outlook Stable

St James's Place U.K. PLC (SJP) has a robust position in the U.K. retail unit-linked pensions and savings segment, supported by a track record of growing net flows and good operating performance. We consider its substantial reliance on the present va...

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 ...

26-Jul-2017 21:40 HKT

Credit Conditions: While Global Conditions Vary By Region, Uncertainty Is The Common Thread

With regional economies moving at different speeds, and risks and imbalances often remaining specific to certain areas or countries, the divergence in global credit conditions that S&P Global Ratings observes contains a central theme: Uncertainty. In...

30-May-2013 23:09 HKT

Standard & Poor's Applies Its Revised Insurance Criteria To U.K. Life Insurers

LONDON (Standard & Poor's) May 30, 2013--Standard & Poor's Ratings Services said today that it has reviewed its ratings on six life insurance groups domiciled in the U.K. by applying its new ratings criteria for insurers, which were published on May ...

27-Apr-2011 19:51 HKT

U.K.-Based St. James's Place U.K. Outlook Revised To Stable On Improved Earnings; 'A-' Ratings Affirmed

We have revised upwards our view of U.K.-based St James's Place U.K. PLC's (SJPUK) stand-alone credit profile (SACP), to 'a-' from 'bbb+', based on recent earnings performance and the strength of operating performance that we anticipate over the rati...

26-Feb-2009 01:24 HKT

Various Rating Actions Taken On U.K. Life Insurers After Sector Review

LONDON (Standard & Poor's) Feb. 25, 2009--Standard & Poor's Ratings Services today announced that it had completed its review of U.K. life insurers. As a result of the review, we lowered the counterparty credit and insurer financial strength ratings ...