John Neal has pushed Lloyd's of London through a major modernisation effort since 2018 as the City faces ...
French Insurance Dashboard: 2023 Results
French insurers reported strong results in 2023. Fitch Ratings estimates that the sector’s revenues increased by 3% and operating profit margins by 30% on average, although the extent...
French insurers reported strong results in 2023. Fitch Ratings estimates that the sector’s revenues increased by 3% and operating profit margins by 30% on average, although the extent...
PR / 2 days ago
U.S. Cyber Insurance Maintains Strong Profits; Premium Growth Slows
The U.S. cyber insurance line generated strong direct underwriting profits for the second straight year in 2023, but written premium volume has stalled...
The U.S. cyber insurance line generated strong direct underwriting profits for the second straight year in 2023, but written premium volume has stalled...
PR / 11 days ago
Uzbek Insurers - Peer Review April 2024
Uzbekistan’s industry profile and operating environment (IPOE) range sits lower than more mature insurance markets due to limited technical sophistication and financial market developments...
Uzbekistan’s industry profile and operating environment (IPOE) range sits lower than more mature insurance markets due to limited technical sophistication and financial market developments...
PR / 15 days ago
U.S. P/C Insurer Personal Lines Recovery to Drive Profitability in 2024
Property/casualty (P/C) insurance statutory earnings will materially improve in 2024 amid recovery in personal lines results and only modest deterioration in...
Property/casualty (P/C) insurance statutory earnings will materially improve in 2024 amid recovery in personal lines results and only modest deterioration in...
PR / 15 days ago
Turkish Non-Life Sector Stabilises amid Stronger Pricing and Higher Rates; Risks Persist
The operating environment for Turkish insurers is improving following lower inflation and stronger pricing practices, in particular in motor damage...
The operating environment for Turkish insurers is improving following lower inflation and stronger pricing practices, in particular in motor damage...
PR / 15 days ago
European Commercial Insurers’ Profits to Decline After 2024 Peak
Major European commercial insurers’ underwriting margins are likely to peak in 2024 and weaken thereafter, Fitch Ratings says in a new report. Price momentum...
Major European commercial insurers’ underwriting margins are likely to peak in 2024 and weaken thereafter, Fitch Ratings says in a new report. Price momentum...
PR / 23 days ago
US Directors & Officers Insurance Improved Results Likely Unsustainable
The U.S. Directors and Officers (D&O) liability insurance segment’s favorable statutory underwriting performance of 2023 is not likely sustainable amid declining...
The U.S. Directors and Officers (D&O) liability insurance segment’s favorable statutory underwriting performance of 2023 is not likely sustainable amid declining...
PR / 24 days ago
Fitch Ratings Holds Event on European Reinsurers’ Record 2023 Results
Fitch Ratings is hosting a panel discussion on Thursday 4 April at 15:00 BST | 10:00 EST to accompany our recent report on European reinsurers’ results for...
Fitch Ratings is hosting a panel discussion on Thursday 4 April at 15:00 BST | 10:00 EST to accompany our recent report on European reinsurers’ results for...
PR / 25 days ago
N American P/C Insurer Results Improve Despite Personal Lines Challenges
North American property/casualty (P/C) (re)insurer peer GAAP financial results reflect strong performance in commercial lines, offset by continued weakness in...
North American property/casualty (P/C) (re)insurer peer GAAP financial results reflect strong performance in commercial lines, offset by continued weakness in...
PR / 1 month ago
Chinese Insurers Face Prospects of Lower Investment Returns
Chinese insurers’ investment returns, which account for a large share of their total earnings, are under pressure from declining interest rates and high stock market volatility in onshore...
Chinese insurers’ investment returns, which account for a large share of their total earnings, are under pressure from declining interest rates and high stock market volatility in onshore...
PR / 1 month ago
