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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...
As Hurricane Florence completes its pass through the U.S. mainland, Fitch Ratings expects that the storm will represent an earnings event for the private insurance industry with limited or no rating actions due to...
Hurricane Florence, a major hurricane that is expected to make landfall on the coastline between the U.S. Southeast and U.S. Mid-Atlantic region within the next 72 hours, directly threatening North Carolina, South...
