The Israel-Hamas war is expected to continue over 2024, and Gaza will remain the epicentre, with continu...
AM Best downgrades State Farm General to B on policyholder surplus deterioration
AM Best has downgraded the financial strength rating to B (Fair) from A (Excellent) of State Farm General Insurance Company, the unit of the personal lines giant...
AM Best has downgraded the financial strength rating to B (Fair) from A (Excellent) of State Farm General Insurance Company, the unit of the personal lines giant...
Article / 2 months ago
Demotech has “extremely limited appetite” to rate more Florida carriers: Petrelli
According to Joseph Petrelli, President and Co-Founder of rating agency Demotech, the company has taken a decision that could see it declining to...
According to Joseph Petrelli, President and Co-Founder of rating agency Demotech, the company has taken a decision that could see it declining to...
Article / 1 year ago
Reinsurers’ Earnings Down on High Natural Catastrophe Losses
Higher natural catastrophe losses, a weaker investment result and reserve strengthening led to the earnings of the four main European reinsurers falling in 9M22 from the same period last...
Higher natural catastrophe losses, a weaker investment result and reserve strengthening led to the earnings of the four main European reinsurers falling in 9M22 from the same period last...
PR / 2 years ago
Turkish Insurers Are Under Severe Strain
Turkish insurers are facing one of their most challenging operating environments of the past decade, Fitch Ratings says in a new report...
Turkish insurers are facing one of their most challenging operating environments of the past decade, Fitch Ratings says in a new report...
Article / 2 years ago
PV facilities under the microscope as Ukraine throws shadow over viability
The extensive use of broker facilities in the political violence (PV) market has come under the spotlight following potentially heavy losses emanating from Russia’s invasion...
The extensive use of broker facilities in the political violence (PV) market has come under the spotlight following potentially heavy losses emanating from Russia’s invasion...
Article / 2 years ago
Reinsurance, London Market Sector Outlooks Lowered to Neutral
Fitch Ratings has revised its global reinsurance and London market sector outlooks to neutral from improving...
Fitch Ratings has revised its global reinsurance and London market sector outlooks to neutral from improving...
Article / 2 years ago
Florida homeowners' market falters as more ratings hang in balance
With options dwindling for a special legislative session and the reinsurance renewal cycle in full swing, carriers and consumers in the Florida homeowners’ market...
With options dwindling for a special legislative session and the reinsurance renewal cycle in full swing, carriers and consumers in the Florida homeowners’ market...
Article / 2 years ago
Energy market looks to high oil prices and renewables to plug Russia hole
As turmoil and uncertainty persist in global energy markets following Russia’s invasion of Ukraine, energy underwriters are looking to an uptick...
As turmoil and uncertainty persist in global energy markets following Russia’s invasion of Ukraine, energy underwriters are looking to an uptick...
Article / 2 years ago
Fitch Ratings’ Mazzuoli doesn’t rule out Russia-Ukraine conflict as capital event - InsurerTV
The deeper repercussions on financial markets and inflation from the Russia-Ukraine conflict could potentially shift the outcome...
The deeper repercussions on financial markets and inflation from the Russia-Ukraine conflict could potentially shift the outcome...
Article / 2 years ago
Insurer in Full: S&P’s $16bn+ bearishness on Ukraine points to a heavy Lloyd’s blow
S&P Global Ratings’ scenario analysis for specialty insured losses from the Russia-Ukraine conflict raised eyebrows late last week through its use of a $16bn base-case scenario for the terrible event...
S&P Global Ratings’ scenario analysis for specialty insured losses from the Russia-Ukraine conflict raised eyebrows late last week through its use of a $16bn base-case scenario for the terrible event...
Article / 2 years ago
