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(AFX UK Focus) 2008-05-12 06:32 Kingsway Financial downgraded to 'BB' on further reserve adjustments - S&P (Interactive Investor)

12 May 2008

MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it has cut its long-term counterparty credit and senior unsecured debt ratings on Kingsway Financial Services Inc. to 'BB' from 'BB+' after its first-quarter 2008 earnings announcement, which disclosed that its lead U.S. operating company, Lincoln General Insurance Co., incurred further unfavourable reserve adjustments beyond ...

(AFX UK Focus) 2008-05-12 06:47 Security Capital stays on review for downgrade after Q1 earnings - Moody's (Interactive Investor)

12 May 2008

MUMBAI (Thomson Financial) - Moody's Investors Service said it continues to review the ratings of Security Capital Assurance Ltd. and its subsidiaries, including the 'A3' insurance financial strength ratings of XL Capital Assurance Inc. and XL Financial Assurance Ltd., for possible downgrade after the release of Security Capital's first-quarter 2008 earnings.

(AFX UK Focus) 2008-05-12 06:16 Security Benefit Life, affiliate ratings cut; outlook negative - S&P (Interactive Investor)

12 May 2008

MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it has lowered its counterparty credit and financial strength ratings on Security Benefit Life Insurance Co. (SBLIC) and its affiliate, First Security Benefit Life Insurance and Annuity Co. of New York, to 'BBB+' from 'A' and lowered its debt rating on SBLIC's subordinated notes to 'BBB-' from 'BBB+' expectation that investment ...
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