Fitch Ratings
New Zealand insurers continue to reject business
The number of insurers rejecting new business amid ongoing seismic activity in Christchurch is escalating rapidly, according to an expert from Fitch Ratings in Australia.
Fitch revises Italian ratings downwards
Fitch Ratings has revised the rating outlooks for the Italian life and non-life insurance sectors to negative from stable. This indicates that the majority of Italian life and non-life insurance ratings could be downgraded over the next 12 – 24 months.
France and Germany lagging behind on Solvency II
French and German insurers are behind UK counterparts when it comes to Solvency II, according to Fitch.
Brit Insurance being monitored after Douetil quits
Following the announcement chief executive Dane Douetil is stepping down from Brit Insurance Holdings, with effect from 27 October, Fitch Ratings has confirmed it will be monitoring the situation closely.
Brit Insurance being monitored after Douetil quits
Following the announcement chief executive Dane Douetil is stepping down from Brit Insurance Holdings, with effect from 27 October, Fitch Ratings has confirmed it will be monitoring the situation closely.
Eurozone sovereign risk manageable says Fitch
Eurozone sovereign risk is the biggest threat to insurers’ credit ratings, but despite this a default by Greece or Portugal would not trigger significant downgrades, Fitch said today.
Ratings watch: the risk of negative outlooks
The Greek sovereign debt crisis has raised questions about insurers’ investment portfolios and the ratings they attract because of this. Jakki May explains why brokers should be aware of the issue to provide the best service to their customers.
German non-life sector remains stable, according to Fitch
The outlook for the German non-life insurance sector remains stable, according to a new report from Fitch ratings service.
Fitch downgrades French life sector
Fitch has revised its rating outlook for the French life sector to negative from stable, indicating that it believes a significant portion of life ratings could be downgraded over the next 12 to 24 months.
Portuguese Tranquilidade's maintains 'BBB-' rating
Portuguese insurer, Companhia de Seguros Tranquilidade SA's maintains 'BBB-' insurer financial strength rating on rating watch negative.
News analysis: Insurance industry feels the shockwaves of the economic meltdown
It has been hard to escape the doom and gloom of the volatile stock market and wider economic woes over the past week.
Fitch adds to Groupama's woes
Fitch Ratings has downgraded Groupama SA's and four of its core insurance subsidiaries' insurer financial sStrength ratings to 'BBB' from 'A-'.
Italian insurance credit fundamentals remain strong
The credit fundamentals of Italian insurers remain strong despite concerns over sovereign risk.
Exporting to the US: pitfalls and potential
Exporting to the US could be a solution to Europe’s economic problems but as Pat Drinan explains brokers looking to help out firms venturing into this market need to watch their own back as well as their clients.
Stable rating outlook for Dutch insurance sector
The rating outlook for the Dutch insurance sector is stable, indicating that a vast majority of Dutch insurer ratings are likely to be affirmed over the next 12-24 months.
Eastern European markets key to Austrian insurers' prospects
Prospects for Austrian insurers are closely linked to insurance markets in Central Eastern and Southern Eastern Europe, where more than one-third of their premium income originates, according to a new report.
Insured losses for Hurricane Irene "manageable" $6bn
The insured loss estimate for Hurricane Irene is said to be between $3bn to $6bn making the impact on insurers “material” but “manageable”, according to Fitch Credit Ratings.
Swiss insurance market remains stable
Fitch Ratings has said its sector rating outlooks for the Swiss life and non-life insurance sectors remain stable, despite the challenges of financial market turbulence and low interest rates.
Fitch affirms Mapfre at 'A+' with a stable outlook
Fitch Ratings has affirmed the Spanish insurer Mapfre SA and its core operating subsidiaries' insurer financial strength ratings at 'A+' and Mapfre's long-term issuer default rating at 'A-'.
Groupama holds firm on Societe Generale investment
Groupama SA has confirmed it has not sold any of its shares in Societe Generale SA, according to a report on Bloomberg, despite the stock plunging.
Fitch affirms DEVK insurance entities; Outlook Stable
Fitch Ratings has affirmed DEVK Deutsche Eisenbahn Versicherung Sach- und HUK-Versicherungsverein a.G. Betriebliche Sozialeinrichtung der Deutschen Bahn's (DEVK non-life) and DEVK Deutsche Eisenbahn Versicherung Lebensversicherungsverein a.G…
Groupama downgrade poll results
Find out what the market voted for on Fitch's downgrade of Groupama.
Rapid growth sees Kazakhstan's Nomad Insurance assigned 'B-' rating
Fitch Ratings has assigned JBC Insurance Company Nomad Insurance an insurer financial strength rating of 'B-' and a national IFS rating of 'BB-(kaz)'.
Impact of UK riots should not affect insurer ratings
Insurers have been reassured that the ongoing riots being carried out across the UK should have no impact on company ratings.