Fitch Places Lloyd’s of London’s on Rating Watch Negative on COVID-19 Crisis April 3, 2020 Fitch Ratings has placed Lloyd’s of London’s ‘AA-‘ Insurer Financial Strength (IFS) ratings on rating watch negative, on the uncertainty...
Fitch Revises Rating Watch on Sirius to ‘Evolving’ on Uncertainties over Planned Sale April 1, 2020 Fitch Ratings has revised the rating watch to evolving from negative on all ratings for Sirius International Group, Ltd. and...
The Longer Coronavirus Crisis Lasts, the More Uncertain Is P/C Insurance Outlook March 30, 2020 North American property/casualty insurers reported improved 2019 operating performance, but near-term performance will likely be more challenging with the onset...
Fitch Revises Outlook for London Insurance Sector to Negative on COVID-19 Impact March 24, 2020 Fitch Ratings has revised its outlook for the underlying fundamentals of the London market insurance sector to negative from stable....
Fitch Revises Global Reinsurance Sector Outlook to Negative; Rating Outlook Stable March 23, 2020 Fitch Ratings announced a dimmer “sector outlook” for global reinsurers—changing it to negative from stable, pointing to increased concerns over...
Fitch Sees Only ‘Modest Impact’ on U.S. P/C Insurance from Coronavirus March 3, 2020 The coronavirus (COVID-19) outbreak is not currently anticipated to have a meaningful adverse impact on financial results reported by U.S....
UK Insurers Could See Underwriting Losses After Storms Ciara, Dennis: Fitch February 21, 2020 Losses from storms Ciara and Dennis, which brought strong winds, torrential rain and widespread flooding to the UK, will increase...
Typhoon Hagibis Likely to Cause Earnings Event for Japan’s Insurers: Fitch October 29, 2019 Typhoon Hagibis is likely to be an earnings event for Japan’s three main non-life insurance groups, MS&AD Insurance Groups Holdings,...
Reinsurers Maintain Upward Pricing Momentum-But Will It Last? October 24, 2019 By L.S. Howard Positive pricing momentum—it’s the favorite phrase of many reinsurance executives, who are hoping that the momentum they’ve seen in 2019...
Strong E&S Premium Growth in Response to Weak Results; Top 15 E&S Writers: Fitch September 30, 2019 By L.S. Howard Direct written premiums in the U.S. excess and surplus (E&S) lines market during 2018 grew at its greatest rate since...