In the insurance industry, a ‘soft market’ is generally described as a period of plentiful insurance capa...
UK, Italian Non-Life Insurers Have the Best Prospects in Europe
UK and Italian non-life insurers are likely to see the greatest benefits in Europe from rising premium rates in 2024, Fitch Ratings says...
UK and Italian non-life insurers are likely to see the greatest benefits in Europe from rising premium rates in 2024, Fitch Ratings says...
PR / 3 months ago
Auto Insurer Prospects Improving Amid Price Hikes, Moderating Loss Severity
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PR / 4 months ago
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 / 4 months ago
Asia’s Reinsurers Review Strategies Amid Hard Market and Climate Risks
Asia's reinsurers continued to experienced hard market conditions in 2023 to offset the impact of inflation-induced rising claims, climate change and...
Asia's reinsurers continued to experienced hard market conditions in 2023 to offset the impact of inflation-induced rising claims, climate change and...
PR / 7 months ago
US Commercial Insurance Revenue Growth, Profits to Moderate in 2023
The U.S. commercial lines insurance segments are being challenged by slower revenue growth, inflation-based claim uncertainty and less favorable...
The U.S. commercial lines insurance segments are being challenged by slower revenue growth, inflation-based claim uncertainty and less favorable...
PR / 10 months ago
Higher Rates Hit Dutch Insurers’ Earnings, but Capitalisation Holds Up
Top Dutch insurers’ Solvency II (S2) ratios were around the 200% level at end-2022, mostly in line with the previous year and a ‘aa’ assessment, Fitch Ratings says...
Top Dutch insurers’ Solvency II (S2) ratios were around the 200% level at end-2022, mostly in line with the previous year and a ‘aa’ assessment, Fitch Ratings says...
PR / 11 months ago
US Cyber Insurance Sharp Price increases, Profit Improvement to Moderate
Cyber insurance is the fastest growing market segment in US property and casualty (P/C) insurance, with direct written premiums in up 51% yoy in 2022...
Cyber insurance is the fastest growing market segment in US property and casualty (P/C) insurance, with direct written premiums in up 51% yoy in 2022...
PR / 11 months ago
US Cyber Insurers See Favorable Premium Growth, Results in 2023
The US cyber insurance market is anticipated to maintain favorable premium growth and underwriting results through 2023; however, pricing will likely moderate further this year in response to recent...
The US cyber insurance market is anticipated to maintain favorable premium growth and underwriting results through 2023; however, pricing will likely moderate further this year in response to recent...
PR / 12 months ago
Bermuda (Re)insurers See Improved Pricing, Performance in 2023
Bermuda (re)insurers expected improved underwriting performance in 2023 will be driven by accelerating premium rates with a market reset in pricing,...
Bermuda (re)insurers expected improved underwriting performance in 2023 will be driven by accelerating premium rates with a market reset in pricing,...
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