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The significant third quarter 2017 catastrophe losses will push the global reinsurance sector to an underwriting loss for the year, according to Fitch Ratings. 8 December 2017
News
Global reinsurers are increasingly targeting growth in the Asia-Pacific region, attracted by the strong growth in the region and a growing sophistication among cedants in their use of reinsurance. 18 August 2014
Insurance
Rating agency Fitch has placed insurer Brit on negative watch, following the announcement of the insurer’s sale to Fairfax for £1.22 billion. 19 February 2015
Insurance
Bermuda's major re/insurers will report elevated combined ratios for 2017, averaging around 108 percent to 109 percent, according to Fitch Ratings. 24 January 2018
Insurance
Bermuda’s re/insurers received welcome reassurance this week when Fitch confirmed that their financial strength ratings will not be limited by the sovereign debt rating of Bermuda. 27 June 2013
Insurance
A proposed earthquake insurance fund for the Philippines, which would be developed by the Insurance Commission (IC) and the Asian Development Bank (ADB) has won the backing of Fitch. 24 February 2014
Insurance
Blockchain has the potential to become a game-changing technology for the insurance industry over the long term, but there are also risks, according to Fitch Ratings. 25 April 2018
Insurance
The high cost of doing business, due to high acquisition and administration, will continue pressuring underwriting results in the London insurance market in 2018, prompting Fitch Ratings to keep a negative sector outlook for the industry. 6 April 2018
News
More government or state run insurance pools and organisations will turn to the use of catastrophe bonds this year as the cost of such deals gets ever closer to that of using traditional reinsurance. 30 January 2014
Insurance
Today’s complex and multifaceted risk landscape means there is still a bumpy road ahead for re/insurers, and more is needed to reach a sustainable state, says Cristina Ferrari of VIG Re. 24 October 2023
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