Goldman's 1MDB Settlement with DOJ in Line with Expectations
A coordinated settlement was announced between Goldman Sachs Group, Inc. (Goldman), the U.S. Department of...
- Fitch Ratings / Article / 6 days ago
- www.fitchratings.com
Underwriting losses are expected to continue over the near term for the U.S. directors & officers (D&O) liability insurance segment as claims amid the economic fallout from...
- Fitch Ratings / Article / 1 month ago
- www.fitchratings.com
QBE Leadership Changes Unlikely to Spur Strategy Shift
Fitch Ratings believes a significant shift in QBE Insurance Group Limited's (A-/Stable) strategy appears unlikely in the short to medium term, following leadership changes at the insurance group...
- Fitch Ratings / Article / 2 months ago
- www.fitchratings.com
Benefits for U.S. commercial insurers from recent sharp premium rate improvement are likely to be delayed by effects on underwriting results from the coronavirus pandemic...
- Fitch Ratings / Article / 4 months ago
- www.fitchratings.com
D&O Liability Market Pricing Increases as Tort Environment Shifts
Underwriting conditions in the U.S. commercial lines insurance market have improved significantly in many segments in 2019, including directors and officers (D&O) liability...
- Fitch Ratings / Article / 1 year ago
- www.fitchratings.com
Interim Pressure on Australian Insurers from Inquiry; Long-Term Benefits
Australian insurers are likely to face short-term challenges as they addresses recommendations stemming from a royal commission into the financial services industry, but successful implementation should be...
- Fitch Ratings / Article / 2 years ago
- www.fitchratings.com
Australian Bank Inquiry Creates Short-Term Challenges; Long-Term Positive
Australia's banking system faces short-term challenges in addressing shortcomings in culture and governance that led to a number of misconduct issues in the system, says Fitch Ratings...
- Fitch Ratings / Article / 2 years ago
- www.fitchratings.com
Growth to Slow as New Zealand Insurers Fix Conduct Issues
Growth in the New Zealand life insurance industry is likely to be hampered in the short term while insurers address issues raised by regulators following a review of the industry's conduct and culture, Fitch Ratings says...
- Fitch Ratings / Article / 2 years ago
- www.fitchratings.com
D&O Liability Underwriting Results Fall to Seven-Year Low
U.S. Director and Officers (D&O) liability insurance underwriting results deteriorated in 2017 to the worst level since 2011, according to Fitch Ratings in a new report. D&O is a more volatile product line than many...
- Fitch Ratings / Article / 3 years ago
- www.fitchratings.com
Allegations Against ICICI Bank Pose Reputational Risks
An investigation into allegations that India's ICICI Bank (BBB-/Stable/bbb-) extended a loan with a potential conflict of interest raises questions over the bank's governance and creates reputational risks...
- Fitch Ratings / Article / 3 years ago
- www.fitchratings.com