Three insurance companies have rejected Chevron's claim over the seizure last year of an oil cargo by Ira...
U.S. Commercial Auto Insurance Profits Struggle Amid Inflation, Litigation
Fitch Ratings expects the U.S. commercial auto insurance segment to remain unprofitable in 2023, with rising claims severity from inflation and burgeoning...
Fitch Ratings expects the U.S. commercial auto insurance segment to remain unprofitable in 2023, with rising claims severity from inflation and burgeoning...
PR / 8 months ago
Italian Motor Insurers’ Price Rises Outpaced by Claims Inflation
Italian motor insurance underwriting profitability is deteriorating due to insurers’ inability to raise prices enough to keep pace with claims inflation,...
Italian motor insurance underwriting profitability is deteriorating due to insurers’ inability to raise prices enough to keep pace with claims inflation,...
PR / 1 year ago
Turkish Insurers Are Under Severe Strain
Turkish insurers are facing one of their most challenging operating environments of the past decade, Fitch Ratings says in a new report...
Turkish insurers are facing one of their most challenging operating environments of the past decade, Fitch Ratings says in a new report...
Article / 2 years ago
UK Non-Life Company Market Maintains Strong Results in 2021
The UK non-life insurers monitored by Fitch Ratings had reduced pandemic-related losses on business interruption and travel policies in their commercial lines in 2021...
The UK non-life insurers monitored by Fitch Ratings had reduced pandemic-related losses on business interruption and travel policies in their commercial lines in 2021...
Article / 2 years ago
US P&C insurance outlook marred - Insurance Business
Find out what's causing the issues…
Find out what's causing the issues…
Article / 2 years ago
Fitch Rtgs Auto Insurer Results to See Pressure from Claims Trends, Competition
Pressure on underwriting profits for U.S. auto insurers will mount as claims frequency normalizes, adverse loss severity...
Pressure on underwriting profits for U.S. auto insurers will mount as claims frequency normalizes, adverse loss severity...
Article / 3 years ago
Sri Lankan Non-Life Insurers’ Capital to Normalise after Improving on Lower Claims
The regulatory risk-based capital (RBC) ratios of non-life insurers in Sri Lanka will normalise in the medium term with the resumption...
The regulatory risk-based capital (RBC) ratios of non-life insurers in Sri Lanka will normalise in the medium term with the resumption...
Article / 3 years ago
Italian Motor Premiums to Lag Rising Claims as Driving Picks Up
Italian motor insurance premium rates are unlikely to increase in line with rising claims as driving activity picks up...
Italian motor insurance premium rates are unlikely to increase in line with rising claims as driving activity picks up...
Article / 3 years ago
UK Non-Life Insurer Results Benefitted from Fewer Motor Claims
Reduced claim frequency on the motor business as a result of the lockdowns helped improve UK non-life insurers’ 2020...
Reduced claim frequency on the motor business as a result of the lockdowns helped improve UK non-life insurers’ 2020...
Article / 3 years ago
US Auto Insurer Outsized Profits to Normalize as Claims Rise in 2021
Personal auto insurers saw sharp increases in underwriting profits for 2020 that were supportive of credit...
Personal auto insurers saw sharp increases in underwriting profits for 2020 that were supportive of credit...
Article / 3 years ago