Multiline insurers leveraged scale to better fend off 2022 threats: S&P
Commercial lines leaders Chubb, AIG, Zurich, QBE, and AXA called out for strong positioning.
Hard markets are great, earning cost of capital would be better: S&P
Reinsurers near ‘tipping point’ but retain negative outlook until earnings turn fully flush.
EMEA insurers in midst of a ‘perfect storm’
Premium rate increases might match inflation but be insufficient to strengthen profitability, says S&P.
S&P cut to US P&C outlook could put select caps on growth
S&P may stand apart from other rating agencies in focus on unrealized investment losses.
After UK, US P&C insurance outlook turns negative on lower capital levels
S&P expect to make negative revisions to the ratings/outlooks of some insurers.
Hurricane Ian insured losses ‘substantial’ but ‘manageable’: S&P Global
S&P expects insured losses closer to the high end of $30bn to $40bn range.
S&P retains negative outlook for global reinsurance sector
Standard & Poor’s (S&P) is maintaining its negative view of the global reinsurance sector, but expects that underwriting profitability will improve in 2022–2023 in both property/casualty (P/C) and life reinsurance.
Lloyd’s plunges to heavy loss on £3.1bn investment hit, £1.1bn Ukraine claims
The market reserved £1.1bn net of reinsurance for claims related to the war in Ukraine.
Rates may rise, but reinsurers still can’t meet cost of capital: S&P
Inflation moves too fast to judge if current countermeasures will prove adequate.
Bermuda re/insurers should carry pricing momentum through 1/1 renewals
The island’s insurers are still playing catch-up on 5Y rising cat loss history.