trending Market Intelligence /marketintelligence/en/news-insights/trending/6n-_A-aoc3CdNMM0_eHKvw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Moody's upgrades, subsequently withdraws El Pacífico's rating following merger

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did


Moody's upgrades, subsequently withdraws El Pacífico's rating following merger

Moody's on Aug. 2 upgraded the global local-currency insurance financial strength rating of El Pacífico Peruano Suiza Compañía de Seguros y Reaseguros SA to Baa2 from Baa3 and changed its outlook to stable from positive.

However, Moody's said it will withdraw the insurer's rating immediately following the ratings action.

The actions came after the completion of the merger of El Pacífico Peruano into its life insurance subsidiary, El Pacífico Vida Co. De Seguros Y Reaseguros SA. The upgrade of El Pacífico's rating reflects, among other factors, the enhancement of the insurer's credit profile after the merger.

The merger will lead to greater product and risk diversification for the newly combined entity across property and casualty and life and annuity businesses, strengthened capitalization and improved asset quality, Moody's said.

The expected synergies from the merger would also introduce cost reductions and increased efficiencies, positively impacting the merged company's prospective profitability, Moody's added.

The withdrawal was due to to the reorganization of the company following the merger.