Q1 2024 financial costs from natural catastrophes were ‘manageable’...
Delicate Balancing Act for North American Insurers in 2024
With recession at bay and inflation cooling, North American insurers will balance growth opportunities while weathering potential impediments to growth this year, according to Fitch Ratings...
With recession at bay and inflation cooling, North American insurers will balance growth opportunities while weathering potential impediments to growth this year, according to Fitch Ratings...
PR / 3 months ago
Florida a Top Focus for U.S. Insurers as Below-Average Hurricane Season Nears
With early forecasts pointing to a modestly below-average hurricane season in 2023, Fitch Ratings’ latest annual ‘U.S. Hurricane Season’ report says U.S. property...
With early forecasts pointing to a modestly below-average hurricane season in 2023, Fitch Ratings’ latest annual ‘U.S. Hurricane Season’ report says U.S. property...
PR / 11 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
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
North American P/C Insurers’ Profit Upside Challenged in 2022
North American property/casualty (P/C) (re)insurers’ strong premium revenue growth from rising commercial rates, reduced incurred losses tied to the coronavirus pandemic and large investment gains on...
North American property/casualty (P/C) (re)insurers’ strong premium revenue growth from rising commercial rates, reduced incurred losses tied to the coronavirus pandemic and large investment gains on...
Article / 2 years ago
U.S. Property/Casualty Insurer Profit Expansion to Slow in 2H21
Statutory earnings for U.S. property/casualty (P/C) insurers materially improved in 1H21, with better underwriting performance...
Statutory earnings for U.S. property/casualty (P/C) insurers materially improved in 1H21, with better underwriting performance...
Article / 3 years ago
Bermuda (Re)insurer Results Supported by Hardening Market in 2021
The U.S. property/casualty (P/C) insurance and global reinsurance markets, including Bermuda (re)insurers...
The U.S. property/casualty (P/C) insurance and global reinsurance markets, including Bermuda (re)insurers...
Article / 3 years ago
Florida Homeowners' Insurers Performance Deterioration Continues
Florida homeowners' insurance specialists are reporting continued performance deterioration and a decline...
Florida homeowners' insurance specialists are reporting continued performance deterioration and a decline...
Article / 3 years ago