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The recent earthquakes in southeast California are not expected to have any effect on the ratings of US residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS), says Fitch Ratings...
With the 2019 hurricane season underway, U.S. property/casualty (P/C) insurers are well placed to weather the landfall of a significant storm, according to Fitch Ratings...
In the aggregate, U.S property/casualty insurers' financial leverage remained stable yoy, according to Fitch Ratings. The financial leverage ratio (FLR) for Fitch's aggregate was at 'A-' implied debt...
The U.S. property/casualty (P/C) industry returned to a modest statutory underwriting profit in 2018 following two consecutive years of combined ratios above 100% as catastrophe losses...
North American property/casualty (P/C) insurers saw improved operating returns and underwriting profits in 2018 despite a second consecutive year of higher than average catastrophe losses...
In Fitch Ratings' recently published 2019 property/casualty outlook, our estimate of the overall industry combined ratio for the year is projected at 99%...
The ongoing California wildfires are expected to become one of the costliest wildfire catastrophe-insured loss events ever for the property/casualty insurance industry...
Similar to past wildfires, Fitch Ratings sees no immediate credit impact on Fitch-rated U.S. public finance credits from the current California wildfires, which are ongoing both in...
Fitch Ratings believes the state of North Carolina is well-positioned to absorb the costs and address the impact of Hurricane Florence, which the state estimates inflicted more than $12 billion in direct and indirect damage...
Hurricane Michael will add to insured catastrophe losses accumulated thus far this year, pushing 2018 closer to a more normal catastrophe loss year, following a relatively benign first half of 2018...
