One in 50 people and 1 in 35 properties from 32 coastal cities in the US could face significant flooding ...
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 / 1 year ago
Non-Life Insurance Prism Scores Continue to Improve
The U.S. property/casualty (P/C) insurance sector continued to show extremely strong capital strength in 2020 as measured by Prism, Fitch Ratings’ proprietary capital model. Fitch’s ninth...
The U.S. property/casualty (P/C) insurance sector continued to show extremely strong capital strength in 2020 as measured by Prism, Fitch Ratings’ proprietary capital model. Fitch’s ninth...
Article / 3 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 / 3 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
Hurricane Ida Not a Capital Event for Louisiana (Re)insurance Market
Hurricane Ida is expected to generate significant economic and insured losses in Louisiana, but is unlikely to trigger...
Hurricane Ida is expected to generate significant economic and insured losses in Louisiana, but is unlikely to trigger...
Article / 3 years ago
Capital Resilience, Pricing Momentum Buoy Future for U.S. P/C Insurance
Despite losses tied to pandemic-related claims and natural catastrophes, the U.S. property/casualty (P/C) insurance...
Despite losses tied to pandemic-related claims and natural catastrophes, the U.S. property/casualty (P/C) insurance...
Article / 4 years ago
P/C Insurer 2H20 Results at Risk from Pandemic, Catastrophe Losses
Financial results for U.S. property/casualty insurers (P/C) in 2H20 will continue to be adversely impacted by pandemic-related insured losses and premium volume declines amid the economic recovery...
Financial results for U.S. property/casualty insurers (P/C) in 2H20 will continue to be adversely impacted by pandemic-related insured losses and premium volume declines amid the economic recovery...
Article / 4 years ago
Insurer Capital Strength Likely Withstands Losses From Laura
Hurricane Laura is generating devastating economic and insured losses in Louisiana and several other states, but is unlikely to trigger ratings downgrades of...
Hurricane Laura is generating devastating economic and insured losses in Louisiana and several other states, but is unlikely to trigger ratings downgrades of...
Article / 4 years ago
US P&C Insurer Ratings at Low Risk from Coronavirus Premium Cuts
Recently announced premium adjustments by property/casualty insurers in response to unanticipated declines in risk exposures and claims incidence due to the sharp economic contraction...
Recently announced premium adjustments by property/casualty insurers in response to unanticipated declines in risk exposures and claims incidence due to the sharp economic contraction...
Article / 4 years ago
Property/Casualty Insurer Capital Strong Pre-Coronavirus
On the heels of two consecutive years of consistent underwriting profits, the U.S. property/casualty (P/C) industry entered 2020 in a favorable state with record capital levels and positive...
On the heels of two consecutive years of consistent underwriting profits, the U.S. property/casualty (P/C) industry entered 2020 in a favorable state with record capital levels and positive...
Article / 4 years ago
