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Insurance
The International Association of Insurance Supervisors’ (IAIS) commitment to a more transparent approach may help insurers avoid making the list of global systematically important insurers (G-SIIs). 21 June 2016
Insurance
Managing exposure to growing periodic payment orders (PPOs) will be a substantial challenge for UK motor insurers, according to a new report by Fitch Ratings. 31 March 2016
Insurance
The International Association of Insurance Supervisors (IAIS) is creating a risk-based, single, global Insurance Capital Standard (ICS) for Global Systemically Important Insurers (G-SIIs), but Fitch questions if the goal is achievable. 10 April 2017
Insurance
Soft rates and low investment returns are hurting London market insurers but this has been partly mitigated by low levels of claims, according to a new report by Fitch. 12 April 2016
Insurance
A UK inquiry into Solvency II (S2) and the impact of post-Brexit change is likely to look closely at capital requirements for annuities and at potential risks for reinsurers if future UK rules are not considered equivalent to S2, Fitch Ratings has said. 15 September 2016
Insurance
The bigger so-called tier 1 reinsurers will be the winners in what is a rapidly changing reinsurance landscape, Martyn Street, senior director in insurance at Fitch Ratings, told Baden-Baden Today. But he also stressed that consolidation was far from a silver bullet for companies seeking greater scale. 19 October 2015
Insurance
Sri Lankan non-life insurers should be able to absorb near-term volatility and the effects of adverse weather-related events given their extensive use of reinsurance, Fitch Ratings said in a report called Reinsurance Keeps Sri Lankan Insurers Afloat Amid Floods. 1 November 2017
Insurance
There is only a low probability that ratings of property/casualty insurance companies in Mexico will be affected by Hurricane Patricia, which made landfall on October 23 along Mexico’s west coast, rating agency Fitch has said. 27 October 2015
Insurance
The highest portion of anticipated insured losses from the event is expected in Germany. 20 July 2021
Insurance
‘Our people have been working incredibly hard... efforts are getting noticed’: CEO 4 May 2023
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