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A mixture of good performance and considered strategic diversification have led to Fitch moving the financial strength rating of Arch Capital Group to positive from stable. The rating agency rates Arch A+. 28 March 2014
Insurance
The insurer reported a decline of 59.2 percent in its net profits in the first quarter of 2020. 22 May 2020
Insurance
Flood Re, the UK Government’s scheme to pool flood risk, may face higher-than-expected claims in the future, as spending on flood defences fails to meet requirements says Fitch Ratings. 19 March 2014
Insurance
Fitch Ratings has reduced the outlook for Cayman Islands-based XL Group subsidiary XL (XLIT) and its property/casualty re/insurance subsidiaries to negative after “a meaningful deterioration in capitalization” following third-quarter nat cat losses. 30 October 2017
Insurance
The insurer has put forward chairman of the Italian stock exchange for the top board role. 2 March 2022
Insurance
Peruvian re/insurer Rimac Seguros has been authorised to offer reinsurance coverage in Colombia. 28 April 2014
Insurance
Reinsurers and brokers should better educate themselves on how reinsurance can impact their clients’ ratings, as focusing on the agency capital models alone is often inadequate. 9 September 2018
Insurance
But FCA prefers looking after the little guy, signals leeway for sophisticated client and product segments. 27 January 2022
Insurance
Marsh & McLennan’s (MMC’s) reinsurance unit Guy Carpenter has seen its revenues fall by 20 percent year on year in the third quarter of 2018 to $215 million. 25 October 2018
Insurance
Analysts expect the coronavirus-led downturn to weigh on profitability of Japan's top three P&C insurers Mitsui Sumitomo, Sompo and Tokio Marine. 2 June 2020
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