trending Market Intelligence /marketintelligence/en/news-insights/trending/bKxxYXsDJE_1weCkSDv_kw2 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

S&P revises outlook on Seguros el Potosi to negative

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


S&P revises outlook on Seguros el Potosi to negative

S&P Global Ratings on Dec. 10 revised the outlook on Seguros El Potosi SA to negative from stable, while affirming the insurer's financial and credit strength ratings at "mxAA."

The outlook revision follows an announcement from Instituto del Fondo Nacional para el Consumo de los Trabajadores in late November that it would create its own payment protection fund for workers. The decision effectively removes the need for those workers to use Seguros El Potosi for life and unemployment insurance when borrowing from the institute.

These insurance lines accounted for about 40% of total premiums issued by Seguros El Potosi in recent quarters, and 30% of net income for full-year 2018. S&P believes the loss of this income will pressure its growth plans and could deteriorate business diversification if it does not replace the lost business or premiums.