Loss severity for many U.S. casualty lines of insurance business has exceeded economic inflation over the...
Heavy Rains Expected to Have Limited Impact on Brazilian Insurers
Fitch Ratings does not expect the recent heavy rain storms and flooding in Brazil to significantly impact the country’s insurance sector. The storms have affected...
Fitch Ratings does not expect the recent heavy rain storms and flooding in Brazil to significantly impact the country’s insurance sector. The storms have affected...
PR / 7 hours ago
European Insurers More Exposed to Weather Losses as Reinsurers Retreat
European insurers have become more exposed to weather-related losses due to reinsurers providing less cover against medium-sized natural catastrophe risks, Fitch...
European insurers have become more exposed to weather-related losses due to reinsurers providing less cover against medium-sized natural catastrophe risks, Fitch...
PR / 6 months ago
Global Reinsurers Pull Back from Natural Catastrophe Cover
Global reinsurers are cutting back on the cover they provide against medium-sized natural catastrophe risks due to investor pressure after several years of large catastrophe losses and improved profitability...
Global reinsurers are cutting back on the cover they provide against medium-sized natural catastrophe risks due to investor pressure after several years of large catastrophe losses and improved profitability...
PR / 9 months ago
Fitch Ratings Comments on Insurance Losses from Turkiye-Syria Earthquake
Most insurance payouts due to the earthquake that tragically hit Turkiye and Syria will ultimately be borne by global reinsurers, Fitch Ratings says. The earthquake...
Most insurance payouts due to the earthquake that tragically hit Turkiye and Syria will ultimately be borne by global reinsurers, Fitch Ratings says. The earthquake...
PR / 1 year 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
Florida (Re)Insurers to Withstand Hurricane Ian, Specialists at Risk
Hurricane Ian, which made landfall on Florida’s Gulf Coast and has since been downgraded to a tropical storm, is expected to generate substantial economic and insured losses in affected...
Hurricane Ian, which made landfall on Florida’s Gulf Coast and has since been downgraded to a tropical storm, is expected to generate substantial economic and insured losses in affected...
PR / 2 years ago