The groundbreaking community-based parametric scheme set up to provide emergency funding to New York neig...
Fitch Affirms California Earthquake Authority's IDR at'A-'; Outlook Stable
Fitch Ratings has affirmed the California Earthquake Authority's (CEA) Issuer Default Rating (IDR) at 'A-'and revenue bonds at'A-'. The Rating Outlook is Stable....
Fitch Ratings has affirmed the California Earthquake Authority's (CEA) Issuer Default Rating (IDR) at 'A-'and revenue bonds at'A-'. The Rating Outlook is Stable....
PR / 8 days 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 / 3 months ago
Higher Prices, Yields Portend Stabilized 2023 P/C Insurance Results
U.S. property/casualty (p/c) insurers should see stabilizing to modestly better industry operating performance in 2023, supported by commercial and personal...
U.S. property/casualty (p/c) insurers should see stabilizing to modestly better industry operating performance in 2023, supported by commercial and personal...
PR / 3 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 / 4 months ago
Hurricane Ian Fallout Will Test Cat Bond Investor Appetite
Reinsurers facing shrinking balance sheets amid rising rates and increasingly volatile catastrophic losses have effectively utilized the insurance-linked securities (ILS) market to...
Reinsurers facing shrinking balance sheets amid rising rates and increasingly volatile catastrophic losses have effectively utilized the insurance-linked securities (ILS) market to...
PR / 5 months 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 / 6 months 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 / 6 months 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 / 7 months ago
Inland Floods Pose Limited Credit Impact to U.S. P/C (Re)insurers
The numerous inland flood events that have occurred in recent weeks in the U.S., while resulting in the tragic loss of life and significant economic losses in affected areas...
The numerous inland flood events that have occurred in recent weeks in the U.S., while resulting in the tragic loss of life and significant economic losses in affected areas...
Article / 8 months ago
US P/C Insurer Capital Sufficient to Withstand Hurricane Season
The sharp increase in inflation and potential for stagflation present additional challenges to U.S. property/casualty (P/C) insurers in the event of a landfalling hurricane, Fitch Ratings says...
The sharp increase in inflation and potential for stagflation present additional challenges to U.S. property/casualty (P/C) insurers in the event of a landfalling hurricane, Fitch Ratings says...
Article / 10 months ago
