Any individual or business managing property is facing one roadblock after another. For starters, interes...
Property Catastrophe Reinsurance Market Dynamics to Slow in 2024
Reinsurance rate increases for property catastrophe business are likely to slow to below 10% on average when contracts are renewed in January 2024, Fitch...
Reinsurance rate increases for property catastrophe business are likely to slow to below 10% on average when contracts are renewed in January 2024, Fitch...
PR / 5 months ago
Reinsurers’ Underwriting Margins to Expand by 4pp in 2023
Reinsurers’ underwriting margins are likely to expand by 4pp on average in 2023 due to significant price rises, tighter terms and conditions and the withdrawal of cover related to the war in...
Reinsurers’ underwriting margins are likely to expand by 4pp on average in 2023 due to significant price rises, tighter terms and conditions and the withdrawal of cover related to the war in...
PR / 1 year ago
Hard Property Catastrophe Reinsurance Market to Support 2023 Margins
Reinsurance rates for property catastrophe business should increase by well over 10% when contracts are renewed in January 2023, Fitch Ratings says,...
Reinsurance rates for property catastrophe business should increase by well over 10% when contracts are renewed in January 2023, Fitch Ratings says,...
PR / 1 year ago
Reinsurers Diverge on Appetite for Catastrophe Risk
Reinsurers’ appetites to offer cover for property-catastrophe risk are diverging as climate change makes weather-related losses increasingly frequent, severe and volatile...
Reinsurers’ appetites to offer cover for property-catastrophe risk are diverging as climate change makes weather-related losses increasingly frequent, severe and volatile...
Article / 2 years ago
German, UK and Dutch Non-Life Insurer Profits Dented by Storms
We expect gross insured losses to be as much as EUR5 billion. However, reinsurance should reduce this to under EUR2 billion and, in most cases, we do not expect the losses...
We expect gross insured losses to be as much as EUR5 billion. However, reinsurance should reduce this to under EUR2 billion and, in most cases, we do not expect the losses...
Article / 2 years ago
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...
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...
Article / 4 years ago
Storms Ciara and Dennis Add to Pressure on UK Insurers
Fitch Ratings believes that losses from storms Ciara and Dennis, which brought strong winds, torrential rain and widespread flooding to the UK...
Fitch Ratings believes that losses from storms Ciara and Dennis, which brought strong winds, torrential rain and widespread flooding to the UK...
Article / 4 years ago
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...
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...
Article / 5 years ago
