Property/casualty (P/C) insurance statutory earnings will materially improve in 2024 amid recovery in per...
Reinsurers Diverge on Appetite for Catastrophe Risk
Reinsurers’ appetites to offer cover for property-catastrophe risk are diverging as climate change makes weather-related losses increasingly frequent, severe and volatile...
Reinsurers’ appetites to offer cover for property-catastrophe risk are diverging as climate change makes weather-related losses increasingly frequent, severe and volatile...
Article / 2 years ago
Inland Floods Pose Limited Credit Impact to U.S. P/C (Re)insurers
The numerous inland flood events that have occurred in recent weeks in the U.S., while resulting in the tragic loss of life and significant economic losses in affected areas...
The numerous inland flood events that have occurred in recent weeks in the U.S., while resulting in the tragic loss of life and significant economic losses in affected areas...
Article / 2 years ago
US P/C Insurer Capital Sufficient to Withstand Hurricane Season
The sharp increase in inflation and potential for stagflation present additional challenges to U.S. property/casualty (P/C) insurers in the event of a landfalling hurricane, Fitch Ratings says...
The sharp increase in inflation and potential for stagflation present additional challenges to U.S. property/casualty (P/C) insurers in the event of a landfalling hurricane, Fitch Ratings says...
Article / 2 years ago
US P/C Commercial Lines See Pricing, Underwriting Improvement
The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised for favorable underwriting gains in 2022, barring outsized natural catastrophe losses...
The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised for favorable underwriting gains in 2022, barring outsized natural catastrophe losses...
Article / 2 years ago
US P&C insurance outlook marred - Insurance Business
Find out what's causing the issues…
Find out what's causing the issues…
Article / 2 years ago
Expected Tornado Losses Not a US P/C (Re)Insurer Capital Event
The recent tornadoes across Kentucky, Arkansas, Illinois, Mississippi, Missouri and Tennessee have resulted in the tragic loss of life and were the largest catastrophic...
The recent tornadoes across Kentucky, Arkansas, Illinois, Mississippi, Missouri and Tennessee have resulted in the tragic loss of life and were the largest catastrophic...
Article / 2 years ago
Non-Life Insurance Prism Scores Continue to Improve
The U.S. property/casualty (P/C) insurance sector continued to show extremely strong capital strength in 2020 as measured by Prism, Fitch Ratings’ proprietary capital model. Fitch’s ninth...
The U.S. property/casualty (P/C) insurance sector continued to show extremely strong capital strength in 2020 as measured by Prism, Fitch Ratings’ proprietary capital model. Fitch’s ninth...
Article / 2 years ago
Property Cat Reinsurance Rates to Rise Double-Digit at Renewals
Fitch Ratings expects reinsurance rates to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in January 2022, which supports the improving sector outlook for 2022...
Fitch Ratings expects reinsurance rates to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in January 2022, which supports the improving sector outlook for 2022...
Article / 2 years ago
North American P/C Insurers’ Profit Upside Challenged in 2022
North American property/casualty (P/C) (re)insurers’ strong premium revenue growth from rising commercial rates, reduced incurred losses tied to the coronavirus pandemic and large investment gains on...
North American property/casualty (P/C) (re)insurers’ strong premium revenue growth from rising commercial rates, reduced incurred losses tied to the coronavirus pandemic and large investment gains on...
Article / 2 years ago
U.S. Property/Casualty Insurer Profit Expansion to Slow in 2H21
Statutory earnings for U.S. property/casualty (P/C) insurers materially improved in 1H21, with better underwriting performance...
Statutory earnings for U.S. property/casualty (P/C) insurers materially improved in 1H21, with better underwriting performance...
Article / 3 years ago
