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 / 7 days ago
- www.fitchratings.com
Fitch Ratings believes that losses from storms Ciara and Dennis, which brought strong winds, torrential rain and widespread flooding to the UK...
- Fitch Ratings / Article / 6 months ago
- www.fitchratings.com
US P/C Insurer Financial Leverage Stable; Fixed-Charge Coverage Recovers to 2016 Levels
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...
- Fitch Ratings / Article / 1 year ago
- www.fitchratings.com
Fitch: UK Retail Crunch Makes Its Way to Property Market
The abandoned GBP3.4 billion buyout of Intu by Hammerson plc (BBB+/Rating Watch Negative) highlights concerns about weaker consumer confidence and heightened retail industry risks in the UK...
- Fitch Ratings / Article / 2 years ago
- www.fitchratings.com
Brexit, Rates are Key Risks for London Offices
The core London office market has cooled since the UK's EU referendum but remains highly overvalued, Fitch Ratings says. Tight office supply has supported prices to some extent, while sterling's weakness...
- Fitch Ratings / Article / 3 years ago
- www.fitchratings.com
UK Non-Life Insurers Raise Premiums to Counteract Claims Inflation
Fitch Ratings says in a new report that it expects UK non-life insurers to continue increasing motor premiums to offset rising claims costs in the absence of further changes to the Ogden discount rate. The declining trend in household premiums is also likely to reverse as insurers take pricing actions...
- Fitch Ratings / Article / 3 years ago
- www.fitchratings.com