With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany’s...
Fitch Ratings News
The recent severe floods in Germany could add up to 5 percentage points to German non-life insurers’ net combined ratios...
Japan’s decision to bar spectators from the Tokyo Olympics is likely to cost the global reinsurance sector $300 million to...
With favorable results driven by recent reductions in claims frequency and further recognition of material reserve redundancies, workers’ compensation underwriting...
Fitch Ratings has affirmed the Insurer Financial Strength (IFS) ratings of Intact Financial Corp.’s insurance subsidiaries at ‘AA-‘ (very strong),...
U.S. insurers offering cyber coverage have been implementing significant pricing and underwriting actions in 2021 in response to a spike...
Here is what AM Best, Fitch Ratings and CyberCube think about the recent ransomware attack that shut down Colonial Pipeline:...
The commercial auto insurance segment posted its best underwriting result in a decade in 2020, thanks to continued big rate...
Cyber insurance underwriters are reporting substantially higher claims losses in 2020 than in prior years and as a result face...
Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a statutory underwriting profit...