Reinsurers and retro writers will bear the brunt of the claim as signs mount that the collapse of the Fra...
Credit rating actions announced for Allstate and its subsidiaries
Company cites challenging macroeconomic trends for the changes...
Company cites challenging macroeconomic trends for the changes...
Article / 8 months ago
Property insurers' ratings under pressure as risk rises, Morningstar says - Reuters
The credit ratings of global property insurers are coming under pressure as rising reinsurance costs force them to cut back on cover and retain more risks themselves...
The credit ratings of global property insurers are coming under pressure as rising reinsurance costs force them to cut back on cover and retain more risks themselves...
reuters.com /
Article / 9 months ago
Credit rating downgrades mostly in commercial property: A.M. Best
Commercial property insurers accounted for more than half the credit rating downgrades of commercial lines insurers last year, rating agency A.M. Best Co....
Commercial property insurers accounted for more than half the credit rating downgrades of commercial lines insurers last year, rating agency A.M. Best Co....
Article / 1 year ago
A Year in Florida: Special sessions, reinsurance woes, insolvencies, Ian
This year has been pivotal for the Florida homeowners' market, with two special sessions, a tumultuous reinsurance environment, a near-Category 5 hurricane...
This year has been pivotal for the Florida homeowners' market, with two special sessions, a tumultuous reinsurance environment, a near-Category 5 hurricane...
Article / 1 year ago
Revealed – outlook for commercial lines sector
AM Best has announced that it has maintained its stable outlook for the US commercial lines segment. The rating agency noted the sector’s strong underwriting performance during the...
AM Best has announced that it has maintained its stable outlook for the US commercial lines segment. The rating agency noted the sector’s strong underwriting performance during the...
Article / 1 year ago
Demotech has “extremely limited appetite” to rate more Florida carriers: Petrelli
According to Joseph Petrelli, President and Co-Founder of rating agency Demotech, the company has taken a decision that could see it declining to...
According to Joseph Petrelli, President and Co-Founder of rating agency Demotech, the company has taken a decision that could see it declining to...
Article / 1 year ago
Florida DFS polls carriers over Demotech alternatives
Florida's Department of Financial Services (DFS) is in the process of surveying homeowners carriers over potential alternatives to Demotech, including...
Florida's Department of Financial Services (DFS) is in the process of surveying homeowners carriers over potential alternatives to Demotech, including...
Article / 1 year ago
Lower Capital Levels Push S&P P/C Insurance Sector Outlook to Negative
S&P Global Ratings revised its view on the U.S. property/casualty sector to negative from stable, the rating agency said yesterday, with a new report identifying lower...
S&P Global Ratings revised its view on the U.S. property/casualty sector to negative from stable, the rating agency said yesterday, with a new report identifying lower...
Article / 1 year ago
Demotech offers reassurance over carriers' rating amid Ian impact
Amid the many issues surrounding Florida’s property insurance market, ratings agency Demotech has announced that the insurers currently operating...
Amid the many issues surrounding Florida’s property insurance market, ratings agency Demotech has announced that the insurers currently operating...
Article / 1 year ago
AM Best Report Shows Florida Insurers Far Out of Line on Reinsurance Dependency
Florida-domiciled property carriers are extremely reliant on the reinsurance market, making them vulnerable to coming price hikes, a just-released report from the AM...
Florida-domiciled property carriers are extremely reliant on the reinsurance market, making them vulnerable to coming price hikes, a just-released report from the AM...
Article / 2 years ago