The insurance industry loss from October 2023's European windstorms Babet and Aline is now estimated to b...
Property Catastrophe Reinsurance Market Dynamics to Slow in 2024
Reinsurance rate increases for property catastrophe business are likely to slow to below 10% on average when contracts are renewed in January 2024, Fitch...
Reinsurance rate increases for property catastrophe business are likely to slow to below 10% on average when contracts are renewed in January 2024, Fitch...
PR / 5 months ago
Hard Property Catastrophe Reinsurance Market to Support 2023 Margins
Reinsurance rates for property catastrophe business should increase by well over 10% when contracts are renewed in January 2023, Fitch Ratings says,...
Reinsurance rates for property catastrophe business should increase by well over 10% when contracts are renewed in January 2023, Fitch Ratings says,...
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
Key Takeaways from the 2022 International Reinsurance Conference in Monte Carlo
This video summarizes Fitch’s observations from the 2022 Reinsurance Congress...
This video summarizes Fitch’s observations from the 2022 Reinsurance Congress...
Video / 2 years ago
Reinsurers Diverge on Appetite for Catastrophe Risk
Reinsurers’ appetites to offer cover for property-catastrophe risk are diverging as climate change makes weather-related losses increasingly frequent, severe and volatile...
Reinsurers’ appetites to offer cover for property-catastrophe risk are diverging as climate change makes weather-related losses increasingly frequent, severe and volatile...
Article / 2 years ago
Property Cat Reinsurance Rates to Rise Double-Digit at Renewals
Fitch Ratings expects reinsurance rates to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in January 2022, which supports the improving sector outlook for 2022...
Fitch Ratings expects reinsurance rates to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in January 2022, which supports the improving sector outlook for 2022...
Article / 2 years ago
Property Damages During Protests Will Depress Profitability of Colombian Insurers
During the last month, Colombia has been scene of social protests in different cities. Some of them have unfortunately...
During the last month, Colombia has been scene of social protests in different cities. Some of them have unfortunately...
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
Future proofing in Latin America - The Insurer
Fitch's Eduardo Recinos says a resilient reinsurance sector in Latin America will help buffer uncertainty, but challenges remain
Fitch's Eduardo Recinos says a resilient reinsurance sector in Latin America will help buffer uncertainty, but challenges remain
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