Fitch Ratings News
Rate Hikes Not Bringing Profit to U.S. Auto Insurers: Fitch
Jumps in rates and written premiums did little to move the needle on underwriting profits for U.S. personal auto insurers, Fitch Ratings reported based on a recent review of midyear results of nine ...
Fitch: Financial Performance Influenced by P&C Company Ownership Structures
Balance sheet risks and financial performance vary depending upon property and casualty insurers' ownership structure, according to a special report by Fitch Ratings. Material differences in ...
Fitch: U.S. Insurance Market Forecast to Withstand Losses From Large Hurricane This Year
With ample capital, Fitch Ratings' latest annual 'U.S. Hurricane Season' report indicates U.S. property and casualty (P/C) insurers and reinsurers can absorb losses if a large hurricane makes ...
Fitch: Hardening Commercial Lines Market to Continue Through 2023
This year will mark the fourth year of a hardening market for commercial lines underwriting cycle, according to the latest U.S Commercial Lines Market Update released by Fitch Ratings.. The Council ...
Eight Straight Years of Workers Comp Profits: What Could Go Wrong
Workers compensation insurance stands out as the most profitable major U.S. commercial insurance product line over the last five years, bolstered by relative claims ...
The Pros and Cons of Going Private
In the days before hedge fund manager Daniel Loeb decided to drop its buyout of SiriusPoint, Carrier Management asked analysts at AM Best and Fitch Ratings about the pros ...
Homeowners Insurer Retreat Signals Climate, Regulatory and Economic Challenges: Fitch Ratings
The recent retreat of large homeowners insurance carriers, like Allstate and State Farm, from the California property insurance market signals ongoing regulatory constraints, rising cost inflation ...
Reinsurance Inflection Point? Reports Flag Appetite Growth, Capital Recovery
A record level of property-catastrophe reinsurance prices at June 1 followed a record level of hurricane losses last year, but a change in conditions may be on the horizon on both fronts, forecasters ...