News
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
Insurance
The passage of a bill similar in form to the Terrorism Risk Insurance Program Reauthorization Act of 2014, approved by the Senate Banking Committee this week, would stem the risk of any economic or insurance market disruption tied to terrorism exposures in the near term, according to Fitch. 5 June 2014
Alternative Risk Transfer
Reinsurance treaties with aggregate loss triggers are expected to be vulnerable to the November fire losses in California, following previous qualifying catastrophe events in 2018 that would have utilized some or all of their aggregate deductibles, Fitch Ratings said. 20 December 2018
News
Reinsurance prices in the April renewals softened by more than expected and further sharp declines in rates should be expected in the June renewals, a critical point for the Florida property-catastrophe market. 9 April 2014
Insurance
Following an in-depth business and financial review, S&P Global Ratings believes Marsh&McLennan (MMC) will likely be committed to and able to de-lever back to a range appropriate for the firm’s current rating despite a very significant increase in debt to fund its acquisition of insurance broker JLT. 8 October 2018
Insurance
The Massachusetts Property Insurance Underwriting Association (MPIUA) has launched a three-year catastrophe bond via Hannover Re. 8 April 2015
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
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 financial strength rating of Sompo Japan Nipponkoa following its planned acquisition of Endurance Specialty Holdings looks stable, according to both S&P Global Ratings and Fitch Ratings. 6 October 2016
Insurance
The insurer has put forward chairman of the Italian stock exchange for the top board role. 2 March 2022
Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.