Archive

California insurance commissioner declares emergency as LA wildfires rage on

Powerful winds are forecast over the next 24 hours that could cause extreme fire behaviour

Chubb predicts pre-tax losses of $250-300m from hurricane Milton

AM will have no significant impact on US insurer capital needs, says Fitch

Standard is expected to evolve with local solvency regimes in the medium-term

Hurricane Helene's insured losses could hit $14bn, says Moody's RMS - UPDATED

The loss estimate comes as hurricane Milton prepares to roar into Florida tomorrow

RVS 2024: Reinsurers arrive strong, but an uncertain world could test their limits

The annual Rendez-Vous de Septembre (RVS) event begins this weekend in Monte Carlo and reinsurers sail in with robust financials - but there are uncertain waters on the horizon. Joshua Geer reports

Fitch revises global reinsurance outlook to neutral as profitability improvements moderate

Downside risks are elevated but sector in a good position to absorb them

Strong earnings spur positivity for reinsurers

Firms are prospering from prolonged positive market conditions, according to Fitch Ratings and Morningstar DBRS

FWU insolvency could spook Italian life market

Fitch Ratings warns situation could provoke reactions similar to Eurovita collapse

Fitch promotes Harish Gohil to global group head of insurance

Beazley not anticipating major hit from CrowdStrike outage

Fitch Ratings says high single-digit billion loss will not have material impact on re/insurers