Fitch outlook 2020 News

Personal Lines Insurance Poised to Turn Profit in 2020 As Auto Claims Fall: Fitch

After a profitable 2019, the U.S. personal lines insurance sector is positioned to see underwriting profits in 2020 even with considerable economic uncertainty from the coronavirus pandemic, according to a report from Fitch Ratings. The ongoing pandemic is “substantially affecting” …

The Longer Coronavirus Crisis Lasts, the More Uncertain Is P/C Insurance Outlook

North American property/casualty insurers reported improved 2019 operating performance, but near-term performance will likely be more challenging with the onset of coronavirus and the resulting economic impact, according to a report from Fitch Ratings. Fitch’s rating outlook for the U.S. …

Fitch Sees Stronger Commercial Lines But Weaker Auto, Work Comp Results Coming

The U.S. property/casualty insurance sector should see small improvements in underwriting profits in 2019 and 2020, thanks largely to commercial lines price increases, Fitch Ratings predicts in a new report. But personal auto and workers’ compensation will be two lines …