Fitch Ratings | Slipcase – (re)insurance industry news

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Lockdown Effects to Partially Offset Weather Impact in UK Household Insurance

A lockdown-related improvement in claims experience in UK household insurance is expected to cushion the large weather losses to date in 2020, according to a new report from Fitch Ratings...

Fitch Ratings / Article / 5 days ago
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Claims & Losses Environment & Climate

Claims from Flooding to Pressure Chinese Insurers' Margin

The insurance claims from widespread floods in China will undermine the underwriting results of Chinese non-life insurers in 2020, Fitch Ratings says...

Fitch Ratings / Article / 18 days ago
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Claims & Losses Property - International

Azerbaijan Insurance Sector Growth Dependent on Regulated Tariffs

Further growth potential in Azeri non-life insurance sector is strongly dependent on tariffs, which are closely regulated by the government, Fitch Ratings says in a new report...

Fitch Ratings / Article / 1 month ago
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Financial Results Motor (Commercial)

Coronavirus to Constrain Korean Insurers' Financial Performance

Fitch Ratings expects Korean life and non-life insurers' earnings to continue to decline in 2020 due to the impact of the coronavirus pandemic...

Fitch Ratings / Article / 1 month ago
www.fitchratings.com
Claims & Losses Covid-19 (Coronavirus)

Reinsurance Price Hikes Attract Capital Amid Coronavirus Fallout

(Re)insurance market dynamics including increased pricing, years of accumulating catastrophic losses, investment market losses and the significant losses expected from the fallout...

Fitch Ratings / Article / 1 month ago
www.fitchratings.com
Claims & Losses Covid-19 (Coronavirus)

US P/C Insurer Financial Leverage Stable; Fixed-Charge Coverage Drop Expected for 2020

In aggregate, U.S. property/casualty insurers' financial leverage declined to 21.0% at year-end 2019 from 22.7%...

Fitch Ratings / Article / 1 month ago
www.fitchratings.com
Casualty Property - North America

Coronavirus to Hamper Chinese Non-Life's Growth Dynamics

Fitch Ratings expects slower economic activities as a result of the coronavirus outbreak to constrain the growth dynamics of the Chinese non-life insurance sector in 2020...

Fitch Ratings / Article / 2 months ago
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Motor (Commercial) Topical Trends

Coronavirus Has Led to Negative Actions on 34% of EMEA Insurers

Fitch Ratings took negative rating actions on 34% of rated EMEA insurance groups (including reinsurers) as a result of the portfolio review it carried out between 19 March and 2 June 2020...

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

Fitch's Rating Actions Demonstrate Resiliency of Global Insurance Sector

Over the past eight weeks, Fitch Ratings completed a comprehensive review of its International-cale ratings in the Global Insurance sector with respect to the impact of the coronavirus pandemic...