Despite the anticipated surge in claims stemming from the Baltimore bridge collapse, the profitability of...
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 / 8 months 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
German Non-Life Insurers Profitable Despite High Catastrophe Claims
The sector outlook for the German non-life insurance sector for 2022 is neutral, Fitch Ratings says. This balances Fitch's expectation of continued strong underwriting profitability with ultra-low...
The sector outlook for the German non-life insurance sector for 2022 is neutral, Fitch Ratings says. This balances Fitch's expectation of continued strong underwriting profitability with ultra-low...
Article / 2 years ago
German Insurers’ Combined Ratios Could Rise 5pp due to Floods
The severe floods in Germany could add up to 5pp to German non-life insurers’ net combined ratios (net claims and expenses to net premiums)...
The severe floods in Germany could add up to 5pp to German non-life insurers’ net combined ratios (net claims and expenses to net premiums)...
Article / 3 years ago
Accumulation of Catastrophe Losses Expected to Weigh on P/C Results
The U.S. P/C industry's reported 3Q20 natural catastrophe losses will be the largest since 3Q17, driven by an elevated frequency...
The U.S. P/C industry's reported 3Q20 natural catastrophe losses will be the largest since 3Q17, driven by an elevated frequency...
Article / 4 years ago
Dutch Insurers' Capitalisation Resilient Despite Pandemic Hit
Dutch insurers' Solvency II (S2) ratios remained robust in 1H20 as operating capital generation, the increase of the S2 volatility adjuster and the temporary suspension of dividend payments partly...
Dutch insurers' Solvency II (S2) ratios remained robust in 1H20 as operating capital generation, the increase of the S2 volatility adjuster and the temporary suspension of dividend payments partly...
Article / 4 years ago
Pandemic Drags Results of Japanese Non-Life Insurers, Drop in Traffic Cushions Losses
Japanese non-life insurers' underwriting performance in the first quarter of the financial year ending March...
Japanese non-life insurers' underwriting performance in the first quarter of the financial year ending March...
Article / 4 years ago
Azerbaijan Insurance Sector Growth Dependent on Regulated Tariffs
Further growth potential in Azeri non-life insurance sector is strongly dependent on tariffs, which are closely regulated by the government, Fitch Ratings says in a new report...
Further growth potential in Azeri non-life insurance sector is strongly dependent on tariffs, which are closely regulated by the government, Fitch Ratings says in a new report...
Article / 4 years ago
London Market Insurance Dashboard: 2019 Results
Strong Investment Income Boosts Profits Reported profits of London market insurers in 2019 were boosted by strong investment income...
Strong Investment Income Boosts Profits Reported profits of London market insurers in 2019 were boosted by strong investment income...
Article / 4 years ago
Insurers Well Placed to Weather 2019 Hurricane Season
With the 2019 hurricane season underway, U.S. property/casualty (P/C) insurers are well placed to weather the landfall of a significant storm, according to Fitch Ratings...
With the 2019 hurricane season underway, U.S. property/casualty (P/C) insurers are well placed to weather the landfall of a significant storm, according to Fitch Ratings...
Article / 5 years ago