Fitch Ratings News
The P/C Insurance Industry and Analysts Scramble for Hurricane Matthew
With news that Hurricane Matthew could hit Florida and nearby states by Friday as a Category 4 storm, the property/casualty insurance industry scrambled on Thursday to assess and prepare for the ...
U.S. E&S Results Crush P/C Industry as a Whole: Fitch Ratings
E&S underwriters continued to greatly outperform the U.S. P/C industry at large in terms of combined ratio in 2015, even though the sector takes up just a fraction of the overall market, Fitch ...
Asian Regulatory Changes Could Hike Demand for Local Reinsurance: Fitch
Various regulatory initiatives in Asian markets could lead to greater demand for local reinsurance capacity as direct insurers rethink risk management strategies and appetite, according to a report ...
AIG’s Restructuring Efforts Earn Ratings Affirmation From Fitch
AIG ongoing focus on restructuring and deleveraging got a vote of confidence from Fitch Ratings. Fitch affirmed the insurer financial strength ratings of American International Group's ...
Homeowners Insurance Shines While Personal Auto Struggles: Fitch
While the U.S. personal auto insurance industry continues to be a sick patient, homeowners coverage is a significant bright spot, according to Fitch Ratings' latest report. Private passenger auto ...
P/C Insurance Operating Income Dropped by Double Digits in Q1: Fitch Ratings
Property/casualty insurers in North America saw their operating income decline by double digits in the first half of 2016, as investment income plunged and catastrophe losses rose. Fitch Ratings ...
AIG, Chubb, XL Group Lead in U.S. Cyber Coverage Market Share: Fitch Ratings
The U.S. property/casualty insurance industry generated $1 billion in direct written premium volume for cyber insurance in 2015. AIG, Chubb and XL Group led the market, according to Fitch Ratings. ...
User Survey Results: How Do Rating Agency Letter Grades Compare?
Users of insurance financial strength ratings issued by A.M. Best and Fitch Ratings aren't entirely clear on how the letter grades of the two credit rating agencies compare, a Wells Media survey ...