Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased co...
US Commercial Insurers’ Results Face Coronavirus Claims Uncertainty
Benefits for U.S. commercial insurers from recent sharp premium rate improvement are likely to be delayed by effects on underwriting results from the coronavirus pandemic...
Benefits for U.S. commercial insurers from recent sharp premium rate improvement are likely to be delayed by effects on underwriting results from the coronavirus pandemic...
Article / 4 years ago
New Ogden Rate a Small One-Off Negative for UK Motor Insurers
The lower-than-expected Ogden discount rate announced today by the UK government is a small one-off negative for the country's motor insurers, Fitch Ratings says...
The lower-than-expected Ogden discount rate announced today by the UK government is a small one-off negative for the country's motor insurers, Fitch Ratings says...
Article / 5 years ago
UK Insurers Unlikely to Get Profit Boost From Fraud Reduction
UK non-life insurers will probably not get a profit boost despite a likely reduction in fraudulent insurance claims, Fitch Ratings says. We expect insurers to use the savings stemming from tighter...
UK non-life insurers will probably not get a profit boost despite a likely reduction in fraudulent insurance claims, Fitch Ratings says. We expect insurers to use the savings stemming from tighter...
Article / 5 years ago
Bermuda (Re)Insurance Cat Losses Pressure Returns, Drive M&A
Bermuda-based (re)insurers continue to be tested by challenging market conditions, including heightened catastrophic losses and diminishing competitive advantage resulting from U.S. tax reform, according to Fitch Ratings...
Bermuda-based (re)insurers continue to be tested by challenging market conditions, including heightened catastrophic losses and diminishing competitive advantage resulting from U.S. tax reform, according to Fitch Ratings...
Article / 5 years ago