Fitch Ratings | Slipcase – (re)insurance industry news

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IFRS 17 Brings Radical Change to Insurers' Analysis

The implementation of IFRS 17 as of 1 January 2023 will improve comparability and transparency of insurers' reporting standards...

Fitch Ratings / Article / 1 month ago
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Regulation & Compliance

RESC Microfracture Endorsements LMA5516 and LMA5517

The frequency and quantum of losses attributable to microfractures/microcracking (herein after ‘microfractures’)...

Fitch Ratings / Article / 1 month ago
www.lmalloyds.com
Law Regulation & Compliance

Kenyan Insurance Profitability Suppressed by Pandemic

Kenyan insurers have maintained stable top-line profitability through the coronavirus pandemic, Fitch Ratings says...

Fitch Ratings / Article / 1 month ago
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Covid-19 (Coronavirus) Emerging Markets

Expected Credit Loss Accounting Does Not Affect U.S. Insurers' Credit Metrics

According to Fitch Ratings, new accounting standards on expected credit losses do not have a material effect

Fitch Ratings / Article / 1 month ago
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Ratings Regulation & Compliance

Chinese Insurers' Business Growth Recovering from Coronavirus

Fitch Ratings' stable outlook on the China's insurance sector takes into consideration the underlying fundamentals...

Fitch Ratings / Article / 2 months ago
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Financial Results Motor (Commercial)

UK Non-Life Insurance Sector 2021 Outlooks Are Diverging

Fitch Ratings' sector outlook for the UK non-life company market in 2021 is worsening, while the non-life London...

Fitch Ratings / Article / 2 months ago
www.fitchratings.com
Claims & Losses Financial Results

US Insurers Face Accelerated Credit Risks Amid Pandemic Fallout

The challenges faced by the North American insurance industry prior to the pandemic have been accelerated by the economic...

Fitch Ratings / Article / 2 months ago
www.fitchratings.com
Covid-19 (Coronavirus) Regulation & Compliance

Solvency II Review May Help UK Insurers but Low Rates Still Key

The UK Treasury's proposed review of the Solvency II (S2) rules could benefit UK insurers by reforming some of its more burdensome aspects and facilitating investment in a...

Fitch Ratings / Article / 3 months ago
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Ratings Regulation & Compliance

Accounting Changes Highlight Importance of Insurers' Operating Earnings

Fitch Ratings continues to view operating earnings as a critical measure of financial performance for insurers...

Fitch Ratings / Article / 3 months ago
www.fitchratings.com
Financial Results Regulation & Compliance

UK Insurers' Ratings Unaffected by Business Interruption Ruling

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 / 4 months ago
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Claims & Losses Covid-19 (Coronavirus)

Fitch Ratings 2020 Outlook

Global Sovereigns