After an incredible run over the past couple of years, capping off a great decade, things are set to get ...
MPLI Insurance Results Improve, Return to U/W Profit Still Unlikely
Results for the U.S. medical professional liability insurance (MPLI) market significantly improved in 2021...
Results for the U.S. medical professional liability insurance (MPLI) market significantly improved in 2021...
Article / 12 days 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 / 16 days ago
US P/C Commercial Lines See Pricing, Underwriting Improvement
The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised for favorable underwriting gains in 2022, barring outsized natural catastrophe losses...
The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised for favorable underwriting gains in 2022, barring outsized natural catastrophe losses...
Article / 1 month ago
European Reinsurers’ Profits Weaker in 1Q22
The 1Q22 results of the four major European reinsurers – Munich Reinsurance Company (Insurer Financial Strength (IFS): AA/Stable), Swiss Reinsurance Company Ltd (IFS: A+/Stable), Hannover Rueck SE (IFS: AA-/Stable) and SCOR SE (IFS: AA-/Negative) – revealed a decline in profits that varied widely due to company specifics, Fitch Ratings says.
The 1Q22 results of the four major European reinsurers – Munich Reinsurance Company (Insurer Financial Strength (IFS): AA/Stable), Swiss Reinsurance Company Ltd (IFS: A+/Stable), Hannover Rueck SE (IFS: AA-/Stable) and SCOR SE (IFS: AA-/Negative) – revealed a decline in profits that varied widely due to company specifics, Fitch Ratings says.
Article / 1 month ago
US P/C Insurers to See Stable Leverage Amid Higher Interest Rates
Financial leverage ratios (FLRs) are not expected to change materially this year for U.S. property/casualty (P/C) insurers...
Financial leverage ratios (FLRs) are not expected to change materially this year for U.S. property/casualty (P/C) insurers...
Article / 2 months ago
Austrian Insurance Investment Recovered; Underwriting Weaker
The Austrian property & casualty (P&C) insurance market’s underwriting result has worsened, driven by a high level of weather-related losses...
The Austrian property & casualty (P&C) insurance market’s underwriting result has worsened, driven by a high level of weather-related losses...
Article / 2 months ago
US P/C Insurance Loss Reserves Allay Near-Term Inflation Concerns
The property/casualty (P/C) industry’s statutory loss reserves remained adequate at YE21, with a 16-year track record of favorable prior-period development supporting balance sheet strength...
The property/casualty (P/C) industry’s statutory loss reserves remained adequate at YE21, with a 16-year track record of favorable prior-period development supporting balance sheet strength...
Article / 2 months 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 months ago
US Cyber Insurance Sees Rapid Premium Growth, Declining Loss Ratios
Cyber insurance is the fastest growing product segment in the U.S. property/casualty (P/C) insurance market...
Cyber insurance is the fastest growing product segment in the U.S. property/casualty (P/C) insurance market...
Article / 2 months ago
Commercial Pricing, Auto Results Support US P/C Insurer 2022 Profits
Continued favorable commercial lines pricing and stabilization in personal auto results will lead to 2022 underwriting and profit improvement for U.S...
Continued favorable commercial lines pricing and stabilization in personal auto results will lead to 2022 underwriting and profit improvement for U.S...
Article / 3 months ago