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The outcome of the Brexit referendum and of two major regulatory investigations are the key remaining uncertainties for UK life insurers in 2016 as the impact of Solvency II and new pension legislation have become clearer, according to a new report from Fitch Ratings. 19 April 2016
Insurance
The first half of 2016 saw underwriting profits for the global reinsurance sector fall, while the recent profitability for several companies fell to levels that could diminish their financial strength, according to a mid-year report from Fitch Ratings. 25 August 2016
Insurance
So-called disruptor technology companies will shape the direction of the insurance industry going forward, but not all will succeed, James Auden, managing director and head of property and casualty (P&C) insurance in North America at Fitch Ratings, told PCI Today. 25 October 2016
Insurance
Fitch Ratings has estimated that the insured losses of the earthquake that struck central Italy in late August will be between €100 million and €200 million. 30 August 2016
Insurance
German life insurers are more exposed that their peers in other countries to the risk of low interest rates for an extended period due to asset-liability mismatches and the widespread use of investment guarantees to customers, according to Fitch Ratings. 10 August 2016
Insurance
Regulatory initiatives in Asia could lead indirectly to a greater demand for reinsurers, as direct insurers re-evaluate risk-management strategies, according to a report by Fitch Ratings. 23 August 2016
Insurance
Fitch Ratings has said that its rating outlook for the German non life insurance sector remains stable. 9 December 2015
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
Reinsurance
The overall market is almost $50bn as investment returns remain strong. 7 January 2025
Insurance
Large-scale ransomware attacks, such as the ‘WannaCry’ on May 13-15, are highlighting the vulnerabilities in companies’ IT systems, which is in turn likely to increase the demand for related insurance protection. But Fitch Ratings warns insurers against aggressive expansion. 17 May 2017
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