The ratings of UK non-life insurers are likely to be unaffected by Tuesday's High Court judgment on the test case brought by the Financial Conduct Authority (FCA) to help clarify...
- Fitch Ratings / Article / 1 month 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
UK's EU Exit Does Not End Uncertainty
The effect of post-Brexit developments in the UK-EU relationship on the UK's economy and public finances will remain an important factor in our UK sovereign rating...
- Fitch Ratings / Article / 9 months ago
- www.fitchratings.com
French Law on Profit-Sharing Reserves is Credit-Positive for Insurers
France's ministerial decree stating that profit-sharing reserves may be used to absorb losses in certain severe stress scenarios is credit-positive for the country's life insurers, Fitch Ratings says...
- Fitch Ratings / Article / 9 months ago
- www.fitchratings.com
New Law, Fund Participation Lessen CA Utility Wildfire Risk
Enactment of California Assembly Bill (A.B.) 1054 along with Edison International's, Southern California Edison's and San Diego Gas and Electric's planned participation in the wildfire...
- Fitch Ratings / Article / 1 year ago
- www.fitchratings.com
Fitch Ratings Comments on European Commission Equivalence Policy for CRA Law in Non-EU Countries
Fitch Ratings believes users of its international credit ratings in the EU will be unaffected by the European Commission's repeal of its existing equivalency decisions for CRA...
- Fitch Ratings / Article / 1 year ago
- www.fitchratings.com
New Ogden Rate a Small One-Off Negative for UK Motor Insurers
The lower-than-expected Ogden discount rate announced today by the UK government is a small one-off negative for the country's motor insurers, Fitch Ratings says...
- Fitch Ratings / Article / 1 year ago
- www.fitchratings.com
UK Insurers Unlikely to Get Profit Boost From Fraud Reduction
UK non-life insurers will probably not get a profit boost despite a likely reduction in fraudulent insurance claims, Fitch Ratings says. We expect insurers to use the savings stemming from tighter...
- Fitch Ratings / Article / 2 years ago
- www.fitchratings.com
Bermuda-based (re)insurers continue to be tested by challenging market conditions, including heightened catastrophic losses and diminishing competitive advantage resulting from U.S. tax reform, according to Fitch Ratings...
- Fitch Ratings / Article / 2 years ago
- www.fitchratings.com
No-Deal Brexit Disruption Would Affect Some UK Issuers
The automotive, aerospace, retail, real estate and airline sectors are all exposed to a "no-deal" Brexit, Fitch Ratings says. The risk to individual issuers varies with their size, diversification and financial strength...
- Fitch Ratings / Article / 2 years ago
- www.fitchratings.com