One in 50 people and 1 in 35 properties from 32 coastal cities in the US could face significant flooding ...
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 / 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
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 / 4 years ago
Non-Life Insurance Prism Scores Reflect Continued Capital Strength
Capitalization continues to be a strength for the U.S. property/casualty (P/C) insurance sector as measured by Prism...
Capitalization continues to be a strength for the U.S. property/casualty (P/C) insurance sector as measured by Prism...
Article / 4 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
The real-world allure of the ‘cat bond’ - The Insurer
In an investment market riddled with volatility, catastrophe bonds are offering investors a degree of comfort and stability, says Fitch Ratings' Jeff Mohrenweiser...
In an investment market riddled with volatility, catastrophe bonds are offering investors a degree of comfort and stability, says Fitch Ratings' Jeff Mohrenweiser...
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