Archive

Fitch revises financial ratio definitions for IFRS 17 and LDTI

Rating agency clarifies treatment of shareholders' equity, premium revenues and combined ratios

KCC estimates Japan earthquake insured losses at $6.4bn

AM Best has said it expects the event to have a limited credit ratings impact for major domestic non-life insurers

UK life sector set for boost in 2024 from PRT growth

Elsewhere in Europe, Fitch Ratings says life insurance sector outlooks are neutral

First American hit by cyber-attack, but says funds are secure

It comes after the title insurer was previously fined $1m for a separate cyber breach

With recession looming, AM Best maintains downbeat outlook for German insurers

Life and non-life sectors suffering in challenging economic conditions

Fitch becomes latest to warn of PE insurer-driven illiquid asset risks

Rating agency follows IAIS and IMF in talking about US illiquid and alternative asset risk

Verisk estimates Otis insured loss at $3bn-6bn

PE firms keeping US insurers in their sights, says Fitch

Alt AM insurers held four times more riskier assets than rest of market, agency finds

RVS 2023: reinsurers turn a corner en route to Monte Carlo

The annual Rendez-Vous de Septembre (RVS) event begins this weekend in Monte Carlo and reinsurers enter the glitzy surroundings on strong foundations following last year's turbulence, as Paul Walsh reports

South Korea's insurers to assess strategies following K-ICS implementation

Less than half of firms using transitional measures to ease introduction of capital rules