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Sri Lankan insurers' risk-based capitalisation (RBC) ratios have fallen with the adoption of new accounting standards for lease contracts; SLFRS 16, the local equivalent of IFRS 16...
Fitch Ratings maintains a stable outlook on the Chinese insurance sector, reflecting an ongoing shift in the business mix to seek a stable stream of premium and enhance margins...
The sector outlook for the UK non-life insurance company market in 2020 is negative, reflecting high claims inflation and a weak pricing environment for home and motor insurance, Fitch Ratings says...
Fitch Ratings maintains a stable outlook for the Korean insurance sector, with strengthening of capital adequacy following the tightening in the regulatory...
Outlook Remains Stable; Pressure on Profitability...
Bermuda (re)insurers returned to underwriting profits in 2018 and saw moderate net income improvement despite above-average catastrophe losses, according to a new report by Fitch Ratings...
The Bermuda market continues to evolve with government efforts to maintain relevance and attractiveness as a (re)insurance domicile in a highly competitive global market...
New rules in South Korea governing insurers' expenses, including limits on commissions paid to agents, will improve the insurance industry's expense structure and increase customer confidence...
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...
India's proposed removal of the foreign-ownership cap on insurance intermediaries is likely to increase competition, strengthen distribution capabilities to enhance insurance penetration and boost M&A in the medium to long term...
