News

Insurance

Ogden change will mean one-off shock to profits for reinsurers

Re/insurers in Bermuda and the US that cover bodily injury claims in the UK will adapt quickly to the higher costs stemming from a change in how settlements are calculated, with just a short-term knock to their earnings, according to a report by Fitch Ratings.   26 April 2017

Insurance

Rating outlooks for Australia and New Zealand stable: Fitch

Fitch Ratings' has said its rating outlook for the Australian and New Zealand insurance sector remains stable.   14 December 2015

Insurance

Turkey earthquake: ~$1bn insurance losses to be borne by global reinsurers

The Turkish Catastrophe Insurance Pool (TCIP) is heavily reinsured.   9 February 2023

Insurance

Low interest rates could pressure Chinese life insurers’ earnings

A low interest rate environment in China continues to place pressure on the profitability of the country’s life insurers, which rely on interest spreads for profits, according to a Fitch Ratings report.   9 December 2016

Insurance

Analysis: Aspen tests the market after tariff turmoil

The Bermuda re/insurer’s IPO is being watched closely by investors.   8 May 2025

Insurance

Fitch revises US P/C sector to negative; 2017 combined ratio to top 100%

Further declines in profitability and earnings driven by competitive market conditions has prompted rating agency Fitch to revise its sector outlook for the US property/casualty insurance sector to negative from stable.   1 December 2016

Insurance

Reinsurers’ 2017 combined ratios expected to nudge 100%

Reinsurers’ underwriting performance declined in the first half of 2016 due to higher natural catastrophe losses – and the negative trend is set to continue into 2017, according to Fitch Ratings.   10 October 2016

Insurance

Regulatory pressure on earnings reinforces negative outlook for UK life sector

A combination of sustained low investment yields and pressure on profits as a result of regulatory scrutiny into how insurers treat their customers, has prompted Fitch Ratings to maintain its negative sector outlook for UK life insurance in 2017.   2 December 2016

Insurance

Interest rates hit Solvency II ratios across UK life sector

Solvency II ratios declined in the first half of 2016 across the UK life insurance sector, driven by a fall in interest rates, particularly following Britain’s decision to leave the EU, according to Fitch Ratings.   23 August 2016

Insurance

Fitch ups CNO outlook over reinsurance purchase

Fitch Ratings has revised the outlook for CNO Financial Group to positive from stable following the company’s recent reinsurance transaction.   3 August 2018

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