Standard & Poor's has raised Skandia's credit rating to A from BBB.
The ratings agency has also removed the rating from Creditwatch, where it was placed on 30 July 2002. The outlook is negative.
…
Standard & Poor's has raised Skandia's credit rating to A from BBB.
The ratings agency has also removed the rating from Creditwatch, where it was placed on 30 July 2002. The outlook is negative.
The upgrade follows the announcement that Skandia has transferred the assets and liabilities of its subsidiary Skandia Link into the parent company.
A Standard & Poor's spokesman said: "The upgrade reflects the reclassification of Skandia to a core operating company from a holding company."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
