Competition to Drive ‘Deteriorating’ Reinsurance Market, More M&A in 2026
Pricing and returns in the reinsurance market are expected to gradually come off recent highs, with the market facing moderately weaker, but still sound, operational and ...
Fitch News
Two Upgrades and a Downgrade: Rating Actions on CinFin, Next, Erie
Actions announced by credit rating agencies early this month included Fitch's upgrade of Cincinnati Financial Corporation's ratings, AM Best's upgrade of Next Insurance US and downgrade of Erie ...
Fitch Revises Global Reinsurance Sector Outlook to ‘Deteriorating’ on Rising Competition
Fitch Ratings has revised its outlook for the global reinsurance sector to "deteriorating" for 2026 from "neutral" for 2025, reflecting its expectation that underlying operational and business ...
Property Drives E&S Growth of 15% in 2023 to Increase Overall P/C Share
For the sixth straight year, U.S. excess and surplus insurers in 2023 saw double-digit growth in direct written premiums. E&S direct written premiums (DWP) grew 15 percent last year to increase ...
U.S. Auto Insurance Market on the Mend; Homeowners Line Volatile: Fitch
The U.S. personal insurance sector is positioned for improving underwriting performance in 2024. According to Fitch's latest U.S. Personal Lines Market Update, the change is predicted amid signs that ...
Inflation Contributes to Rising Loss Costs for U.S. Commercial P/C Insurers: Fitch
Inflation is bringing rising loss costs for U.S. commercial property/casualty insurers, according to Fitch Ratings, which reviewed reports from three U.S. insurers — Cincinnati Financial Corp., HCC ...
Reinsurance Market Likely to Begin Softening in 2025 as Capacity Rises in 2024: Fitch
Reinsurers' underwriting margins are expected to peak in 2024 on the significant price rises and tighter terms and conditions achieved during 2023 and in the January 2024 renewals, which will likely ...
Should Carriers Worry About Workers Comp? Yes and No
Commercial lines outlooks are stable, rating agencies say, pointing to the bright spot of continuing profits in the workers compensation line. In addition, in early January 2024, NCCI confirmed that ...
Reinsurance Market Soft in 2025? Hard Market Party Still On for Now
Reinsurers are hoping the profitability party will last as reinsurance pricing and structural changes to tighten terms and conditions have increased returns to above the ...
