Fitch: U.S. Cyber Insurers Saw Strong Profits, Slowdown in Premium Growth in 2023 April 16, 2024 The U.S. cyber insurance line generated strong direct underwriting profits for the second straight year in 2023, but written premium...
Inflation Contributes to Rising Loss Costs for US Commercial P/C Insurers: Fitch April 9, 2024 By L.S. Howard Inflation is bringing rising loss costs for US commercial property/casualty insurers, according to Fitch Ratings, which reviewed reports from three...
US D&O Insurance Segment’s Improved Results Unlikely to Be Sustainable: Fitch April 4, 2024 By L.S. Howard The U.S. directors and officers (D&O) liability insurance segment’s strong underwriting profit of 2023 is unlikely to be sustainable, according...
Profit Recovery Will Vary Among U.S. Personal Auto Carriers: Fitch February 29, 2024 Fitch Ratings said it expects underwriting results for U.S. personal auto insurer to continue to improve this year but the...
Fitch: Homeowners Insurers’ Results to Improve In 2024 February 23, 2024 U.S. homeowners’ insurance is in position to improve in 2024, according Fitch Ratings. The rating agency said premium revenue growth,...
Reinsurance Market Likely to Begin Softening in 2025 as Capacity Rises in 2024: Fitch January 25, 2024 By L.S. Howard Reinsurers’ underwriting margins are expected to peak in 2024 on the significant price rises and tighter terms and conditions achieved...
Another View: Yes, P/C Industry Underwriting Profit Will Be Back in ’24 January 19, 2024 Not all analysts think an underwriting profit is out of reach for 2024. While a recent forecast from Fitch Ratings...
Reinsurers’ Earnings Rise on Lower Disaster Losses, Improved Investment Results: Fitch November 21, 2023 Lower natural catastrophe losses, a better investment result and strong revenue growth in property/casualty reinsurance led to strong earnings’ increases...
Hurricane Otis’ Impact on Mexico Insurance Industry Expected to Be ‘Controlled’: Fitch November 2, 2023 Fitch Ratings expects Hurricane Otis’ effects on Mexico’s insurance industry to be controlled and within its current ratings expectations, the...
Reinsurers Hope Profitability Party Will Last – But All Good Things Must End September 11, 2023 By Brian C. Schneider Executive summary: Fitch Ratings is projecting reinsurer returns on equity of 14% in 2023 and 2024, results that reflect a...