'There is no doubt that climate change increases volatility, frequency and also severity,' says senior di...
US P/C Insurance Statutory Profits Slip on Rising Auto Losses
Statutory financial performance for U.S. property/casualty (P/C) insurers deteriorated in the first half of...
Statutory financial performance for U.S. property/casualty (P/C) insurers deteriorated in the first half of...
Article / 2 years ago
Japanese Non-Lifers’ Profitability Remains Robust; Limited Natural Cat Loss
Overall credit fundamentals of Japanese non-life insurance groups are likely to remain healthy in the fiscal year ending March 2023 (FYE23), says Fitch Ratings...
Overall credit fundamentals of Japanese non-life insurance groups are likely to remain healthy in the fiscal year ending March 2023 (FYE23), says Fitch Ratings...
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
January 2022 Reinsurance Renewals Give Mixed Results
In spite of more than USD100 billion of natural catastrophe claims, both traditional and alternative reinsurance capital grew by 3%–4% in 2021...
In spite of more than USD100 billion of natural catastrophe claims, both traditional and alternative reinsurance capital grew by 3%–4% in 2021...
Article / 2 years ago
Bermuda (Re)insurers to See Underwriting Profits Amid Hardening Market
Fitch expects pricing to continue to rise but at a declining rate for (re)insurers through midyear 2022 renewals, with continued material differentiation based on loss experience...
Fitch expects pricing to continue to rise but at a declining rate for (re)insurers through midyear 2022 renewals, with continued material differentiation based on loss experience...
Article / 2 years ago
Reinsurers Improve Earnings Despite High Nat Cat Losses
The 9M21 results of the four major European reinsurers revealed a strong improvement in earnings compared to the same period last year...
The 9M21 results of the four major European reinsurers revealed a strong improvement in earnings compared to the same period last year...
Article / 2 years ago
Inflation, Rising Rates Fuel Downside Risk for US P/C Insurers
he U.S. property/casualty (p/c) insurance industry faces mounting challenges from the specter of an extended period...
he U.S. property/casualty (p/c) insurance industry faces mounting challenges from the specter of an extended period...
Article / 2 years ago
Italian Non-Life Insurers Still Profitable as Mobility Returns
Italian non-life insurers reported strong 1H21 underwriting profitability, as measured by the combined ratio...
Italian non-life insurers reported strong 1H21 underwriting profitability, as measured by the combined ratio...
Article / 3 years ago
Dutch Insurers’ Earnings Improve as Pandemic Recedes
Dutch insurers’ earnings improved from the same period last year, supported by the good performance of financial markets and cost discipline...
Dutch insurers’ earnings improved from the same period last year, supported by the good performance of financial markets and cost discipline...
Article / 3 years ago
U.S. Property/Casualty Insurer Profit Expansion to Slow in 2H21
Statutory earnings for U.S. property/casualty (P/C) insurers materially improved in 1H21, with better underwriting performance...
Statutory earnings for U.S. property/casualty (P/C) insurers materially improved in 1H21, with better underwriting performance...
Article / 3 years ago