Aircraft with a value of $8bn on the ground at Dubai’s airport were at risk of damage during unprecedente...
U.S. Cyber Insurance Maintains Strong Profits; Premium Growth Slows
The U.S. cyber insurance line generated strong direct underwriting profits for the second straight year in 2023, but written premium volume has stalled...
The U.S. cyber insurance line generated strong direct underwriting profits for the second straight year in 2023, but written premium volume has stalled...
PR / 10 days ago
U.S. P/C Insurer Personal Lines Recovery to Drive Profitability in 2024
Property/casualty (P/C) insurance statutory earnings will materially improve in 2024 amid recovery in personal lines results and only modest deterioration in...
Property/casualty (P/C) insurance statutory earnings will materially improve in 2024 amid recovery in personal lines results and only modest deterioration in...
PR / 14 days ago
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
Middle East Sector Outlooks Reflect Geopolitical Risk, Oil Assumptions
The Israel-Hamas war has increased geopolitical risks and set back the previous trend of regional de-escalation, which is reflected in the deteriorating...
The Israel-Hamas war has increased geopolitical risks and set back the previous trend of regional de-escalation, which is reflected in the deteriorating...
PR / 3 months ago
Reinsurers’ Underwriting Margins to Peak in 2024
Reinsurers’ underwriting margins are likely to peak in 2024 on significant price rises and tighter terms and conditions achieved in 2023 and in early January 2024 renewals, Fitch Ratings says in a...
Reinsurers’ underwriting margins are likely to peak in 2024 on significant price rises and tighter terms and conditions achieved in 2023 and in early January 2024 renewals, Fitch Ratings says in a...
PR / 3 months ago
Inflation Boosts US P/C Insurers’ Reserve Risk in Casualty Lines
Fitch Ratings expects the U.S. property casualty insurance (p/c) industry to generate modest underwriting improvement in 2024, following poor auto insurance results and inordinate...
Fitch Ratings expects the U.S. property casualty insurance (p/c) industry to generate modest underwriting improvement in 2024, following poor auto insurance results and inordinate...
PR / 3 months ago
When Higher Pricing <> Underwriting Profit or Double-Digit Returns - Carrier Management
In spite premium increases that primary insurance carriers will record for 2023, the U.S. property/casualty industry as a...
In spite premium increases that primary insurance carriers will record for 2023, the U.S. property/casualty industry as a...
Article / 4 months ago
UK, Italian Non-Life Insurers Have the Best Prospects in Europe
UK and Italian non-life insurers are likely to see the greatest benefits in Europe from rising premium rates in 2024, Fitch Ratings says...
UK and Italian non-life insurers are likely to see the greatest benefits in Europe from rising premium rates in 2024, Fitch Ratings says...
PR / 4 months ago
U.S. P/C Insurers Set for Modest Improvement in 2024
U.S. property/casualty (P/C) insurers will see some relief in the coming year following a rough 2023 as a personal auto line recovery contributes to statutory profit improvement, according to...
U.S. property/casualty (P/C) insurers will see some relief in the coming year following a rough 2023 as a personal auto line recovery contributes to statutory profit improvement, according to...
PR / 5 months ago
Global Economic Outlook - December 2023
World growth has held up in 2023, driven by a normalisation of consumption in China and a pick-up in US growth, which have outweighed a sharp slowdown in Europe following the regional...
World growth has held up in 2023, driven by a normalisation of consumption in China and a pick-up in US growth, which have outweighed a sharp slowdown in Europe following the regional...
PR / 5 months ago
