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Insurance
The new international accounting standard for insurance contracts from 2021, IFRS 17, could temporarily increase the cost of capital for European insurers, Fitch Ratings said in a Jan. 26 note. 29 January 2018
Insurance
Fitch Ratings has affirmed all the ratings of insurers ACE and its subsidiaries and The Chubb Corporation (Chubb) and its operating subsidiaries after ACE’s acquisition of Chubb, which closed on January 14, 2016. 18 January 2016
Insurance
Almost six months after the introduction of Solvency II, the insurance market is still coming to terms with the changes that Solvency II has – and will – bring in, according to Fitch Ratings. 12 May 2016
Insurance
There is a significant risk that some Turkish non-life insurers with high exposure to motor insurance have not set aside enough reserves to fully cover future claims, according to Fitch Ratings. 23 May 2016
Insurance
Senior insurance sector leaders emphasised the importance of government leadership in combating climate change during a Fitch roadshow panel discussion on the future of the non-life market. 3 February 2020
Technology
As the rating agencies, regulators and investors wake up to the magnitude of the threat posed by silent cyber risk, re/insurers must get their act together and tackle this large and infinitely complex risk head-on. Intelligent Insurer reports. 27 June 2019
Insurance
Fitch Ratings has placed Amlin’s long-term issuer default rating (IDR) of 'A-' on RatingWatch Negative (RWN). Amlin's main operating entities' insurer financial strength (IFS) ratings of 'A+' have also been placed on RWN. 10 September 2015
Insurance
The Mexican insurance sector is set to grow by around 6 percent this year, according to Fitch Ratings. 12 January 2016
Insurance
The profitability of UK non-life insurers was affected by a series of weather events in the fourth quarter of 2015, according to a report by Fitch Ratings. 7 April 2016
Insurance
A large catastrophic hurricane in 2016 would likely promote a shift towards positive pricing movement following years of property insurance pricing declines in the US property and casualty (P/C) market, according to the annual Fitch Ratings' hurricane season reference report. 1 June 2016
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