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Insurance
Rating agency Fitch has affirmed Lloyd’s of London’s Insurer Financial Strength (IFS) rating at 'A+'. 9 July 2012
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
Insurance
Blockchain has the potential to become a game-changing technology for the insurance industry over the long term, but there are also risks, according to Fitch Ratings. 25 April 2018
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
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
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
Insurance
Today’s complex and multifaceted risk landscape means there is still a bumpy road ahead for re/insurers, and more is needed to reach a sustainable state, says Cristina Ferrari of VIG Re. 24 October 2023
Insurance
This takes into consideration the sudden departure of Argo’s CEO Mark Watson III 8 November 2019
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
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