Fitch Ratings News
What Analysts Are Saying: Have P/C Prices Peaked?
With the hardening price phase officially over for property/casualty insurers by some accounts, analysts are not yet predicting any severe price declines for the year ahead—and underwriting profits ...
More Bad News for Reinsurers: Underperforming Stocks
Stocks for 20 publicly traded reinsurance companies performed far worse than the overall market for the first nine months of 2014, according to an equity trend analysis from A.M. Best. The analysis ...
Hanover Insurance Gets Ratings Affirmation in Advance of Q3 Earnings
The Hanover Insurance Group doesn't release its 2014 third quarter financial results until Oct. 29. But Fitch Ratings has given the Massachusetts-based U.S. property/casualty insurer an early bit of ...
‘A’ Ratings Unlikely for Hedge Fund Reinsurers for Now: Fitch
Newly formed hedge fund reinsurers are unlikely to achieve an insurer financial strength rating in the 'A' category under Fitch Ratings' methodology, the rating agency said last week. Fitch pointed ...
Upgrades and Negative Outlooks: What’s Wrong With This Picture?
As the days counted down to the Rendez-Vous de Septembre, Fitch Ratings announced a string of favorable rating actions on several global reinsurers in late August. Fitch's Aug. 20 statement about its ...
Asia Ripe For Reinsurance Expansion, Fitch Says
Softening premium rates in Asia and the market's broad potential for growth is spurring a regional spike in demand for reinsurance, Fitch Ratings has concluded in a new report. What's more, that ...
Fitch Upgrades Rating for Hannover Re
Hannover Re has worked to maintain steady earnings and reduce its financial leverage, and Fitch Ratings has recognized the company with a ratings upgrade. Fitch said it has boosted the insurer's ...
Fitch Says Hawaii Storms Shouldn’t Hurt Cat Bonds
Insured losses stemming from two Hawaii hurricanes won't break the bank, in large part because both storms diminished in intensity or avoided a direct hit. As well, outstanding catastrophe bonds ...