Critics Say Bond Rating Agencies Ignore Municipalities’ Climate Risk November 5, 2018 By Christopher Flavelle Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change...
UK Heading for ‘Acrimonious and Disruptive’ No-Deal Brexit: Fitch October 27, 2018 Ratings agency Fitch said on Friday it no longer assumed that Britain would leave the European Union in a smooth...
London Market Insurers’ Profits Remain Under Pressure with Excess Capacity: Fitch October 11, 2018 The profitability of London market and Lloyd’s insurers is expected to remain under pressure in 2018, despite the fact that...
Acrimonious, Disruptive No-Deal Brexit Is Growing Risk, Says Fitch August 17, 2018 Ratings agency Fitch said on Thursday that it saw a growing risk of a bitter and economically damaging Brexit that...
Q3 Catastrophe Losses Will Bring Rate Hikes by London Market Insurers: Fitch October 16, 2017 Catastrophe losses from the recent U.S. hurricanes and Mexican earthquakes will lead to price rises on London market insurers’ loss-affected...
Self-Driving Cars to Transform Motor Insurance in Liability Shift: Fitch March 17, 2017 Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to...
Workers’ Comp Line Achieves ‘Significant’ Profit in 2015: Fitch July 18, 2016 The U.S. workers’ compensation insurance market achieved a “significant” underwriting profit in 2015, but trends call into question whether such...
Fitch: Florida Specialist Insurers Largely Untested By Hurricanes June 2, 2016 The majority of Florida’s homeowner specialist insurers have brief histories, and their ability to manage a large catastrophic hurricane is...
UK’s Flood Re Launches to Bring Affordable Flood Cover to Homeowners April 4, 2016 By L.S. Howard The U.K.’s new joint industry and government sponsored reinsurance scheme for flood risk began operating today (April 4). Designed to...
Strong Reinsurer Results Hide Difficult Business Conditions: S&P, Fitch Reports March 24, 2016 By L.S. Howard Weak business conditions in the reinsurance industry are being masked by a low level of catastrophes and a high level...