Tuesday, July 15, 2008

S&P improves rating outlooks of insurers PZU and PZU Zycie to ‘stable’.

Email a Friend

All fields are compulsory

Your name:
Your email:

To include more than one recipient, please separate each email address with a semi-colon ';'

Recipient email(s):

Email yourself a copy?
Comments:

Add Your Comment

All comments are subject to editorial review.
All fields are compulsory

Your name:
Your email:
(will not appear)

You may email your comment to a friend
To include more than one recipient, please separate each email address with a semi-colon ';'

Recipient email(s):

Publish your name?
Receive email notification of new comments posted by other users?
Email yourself a copy?

Comments:

I have read and agree to the Terms and Conditions

S&P improves rating outlooks of insurers PZU and PZU Zycie to ‘stable’. Credit rating agency Standard&Poor's has changed the rating outlooks for the property and casualty insurer PZU and its life-insurance arm PZU Zycie to "stable" from "negative". The agency also confirmed the ratings of PZU SA and PZU Zycie at ‘A-’. This is the highest possible rating in Poland as a corporate rating could not be higher than the sovereign rating, PZU stressed. The rating action reflects clear-cut progress in the group’s implementation of its modernisation programme, which is supported by one of its key shareholders, the state treasury. The treasury still holds 55% in PZU. The Netherlands-based concern Eureko demands the full implementation of the 1999 privatisation agreement and the 2001 appendix, which give it the right to the majority stake in PZU - now the concern holds 33% minus 1 share. ISB

Selling short

FX poll 2008:

S&P improves rating outlooks of insurers PZU and PZU Zycie to ‘stable’.

Email a Friend

Add Your Comment

Other ISI credit markets stories

Top 10 financial definitions that are funnier since the credit crunch

Hedge funds seek out Middle East alpha

And for his next trick… Botín weaves his magic at Santander

Board stupid

Credit markets: Life after the crunch

Abigail Hofman: Thain's honeymoon is over

Ha! Royal Bank of Shambles: View from the Hackney omnibus

Naked shorting: Funds up in arms about short-selling ban

Turkey: Regulators halt carve-up of banking sector

Sovereign wealth funds: The new rulers of finance

Fixed-income derivatives rankings - Interest rate derivatives: The rates business rated for 2008

Credit markets: Life after the crunch

Credit default swaps: On dangerous ground

And for his next trick… Botín weaves his magic at Santander

Abigail Hofman: Thain's honeymoon is over

Latest Issue