Fitch News
Fitch: U.S. P/C Insurer Results Mostly Unchanged in First-Half 2015
U.S. property/casualty insurers' operating performance remained largely unchanged in the first half of 2015 compared to the same period a year prior, with $25.5 billion in aggregate operating ...
Fitch: China Insurers Will Face Bulk of Insured Losses From Explosion
China's homegrown insurers will likely face the bulk of the financial losses from massive explosions at a chemical storage site in Tianjin earlier this month. What's more, the claims could hurt, ...
$2.2B Sirius Sale Leaves S&P, A.M. Best and Fitch Both Wary & Cautious
Plans for White Mountains Insurance Group to sell Sirius International Insurance Group for $2.2 billion to a Chinese investment firm drew negative or cautious reactions from Standard & Poor's, ...
‘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 ...
Eight Years and Counting; Reserve Releases Continue, Fitch Says
Property/casualty industry prior-year loss reserves developed favorably for eight straight calendar years as of year-end 2013, according to a new report from Fitch Ratings, which also says the ...
S&P, Fitch Offering Clearer Windows Into Insurer Rating Processes
Since Standard & Poor's unveiled its updated criteria for rating insurers in May of last year, nothing much has changed with rating agency models, and few ratings changed in response to S&P's ...
Are Hedge Funds Poised to Make Berkshire Hathaway-Type Re Deals?
The subject of hedge fund-backed reinsurers came up unexpectedly when Carrier Management recently asked A.M. Best's Matt Mosher, senior vice president of rating services, about loss reserve ...
Swiss Re’s Improved Financials Earn It a Ratings Upgrade
Swiss Re Group's good fortunes have helped give it a ratings boost. Fitch Ratings now ranks the company's financial strength rating as positive or A+, up from stable. A similar upgrade is in place ...