= Ultimate Parent



Global Home > Insurance

UK Pension Superfunds Impact on Insurers Hinges on Capital Rules

If superfunds are allowed to operate with much less capital than insurers have to hold for BPAs under Solvency II, they will be a considerable threat as the lower capital costs will enable them to offer a significantly more attractive price to employers looking to offload their defined-benefit pension liabilities.

InsurTech Growth Puts Data in Spotlight

Fitch Ratings believes the biggest near-term impact of InsurTech will be its ability to revolutionize how insurers collect, access and analyze data.

Workers' Compensation a Prime Target for Insurance Innovation

The workers' compensation segment of the property/casualty (P/C) insurance business is a prime target for technology investment to maintain competitiveness and bolster performance, according to Fitch Ratings. 

Special Report

Italian Credit Ratings' Sovereign Links Vary by Sector

Italian banking and insurance are the sectors whose ratings would be most affected in the event of hypothetical Italian sovereign stress scenarios, Fitch Ratings says in a new report. Ratings of non-financial corporate issuers would typically be less affected.

Webinar Replay

LATAM Insurance Teleconference

Senior analytical team members presented the 2019 outlook for the insurance sector across Latin America, addressing key themes and reviewing the most important risks facing the region's insurance sector.


Financial Fallout of California Wildfires “Fairly Significant” for Insurers

With losses that could reach $13 billion, the recent wildfires in California will have lasting effects for both property and casualty and Bermuda-based reinsurers, according to Chris Grimes during an interview on BBC Bermuda.

2019 Outlook

2019 Outlook: China Non-Life Insurance

Fitch Ratings expects the Chinese regulator’s controls on motor-acquisition costs to alleviate the strain on insurers’ margins as the pressure of a mounting expense ratio is likely to subside.

November Wildfires Expected to Have Modest Impact on YE P/C Results

In Fitch Ratings' recently published 2019 property/casualty outlook, our estimate of the overall industry combined ratio for the year is projected at 99%, including catastrophe losses from the fourth-quarter California wildfires. While gross insured losses from the fires have been significant, a considerable amount of these losses are expected to be ceded to various global reinsurance markets reducing the net exposure of the domestic primary market.

Big Japanese Life Insurer Ratings Driven by Business Profiles, Capitalisation

Fitch views the business profiles of the four big life insurers as very strong, based on their operating scale, brand recognition and distribution capabilities, which are underpinned by their tied agent channel.

ACA Ruling Effect on Insurance Unclear; Potential Downside

The ultimate effect on the health insurance industry of Friday's federal court ruling that deemed the Affordable Care Act (ACA) unconstitutional is unclear, and what is expected to be a lengthy appeals process will follow. 

U.S. Property/Casualty Insurers Reducing Hedge Fund Investments

U.S. insurers' investment position in other alternative investments as reported in regulatory filings is concentrated within a few large insurers and is relatively stable as a percentage of invested assets for the last several years.

U.S. Auto Insurers See Best Underwriting Results in a Decade

Steady improvement for U.S. personal auto insurance companies has culminated in the sector's best underwriting performance in 10 years, according to Fitch Ratings in a new report.

2019 Outlook

China Life Product Reform Key to Profitable Growth

Fitch Ratings has maintained its 2019 rating and sector outlooks for China's life insurers at stable, on the expectation of steady economic growth and an ageing population with increasing risk awareness and demand for life and healthcare cover.

2019 Outlook

Investment Still the Greatest Risk for Japanese Insurers in 2019

Insurers are boosting their investment in foreign credit-spread products in the search for yield amid Japan's "super-low-yield" environment. These instruments include illiquid infrastructure loans, which entail some currency risk.

U.S. P&C Insurers' Rebound Moves Sector Outlook to Stable

A notable rebound by U.S. property and casualty (P/C) insurers this past year, following a challenging 2017, has led Fitch Ratings to revise its fundamental sector outlook to stable from negative, according to Fitch's 2019 outlook report.

Experience Credit Outlooks 2019

Our annual Credit Outlooks are now available. We're producing reports, video, webinars, and commentary across all sectors and regions to give you in-depth insight into credit in 2019 and beyond.

2019 outlook

Stable French Insurance Outlook for 2019

Fitch Ratings expects sustained net flows, improving business mix and margins, and low, well-managed interest rate risk exposure to support life operating performance in 2019. This has led the agency to revise its sector outlook for French life insurance to stable from negative. 

China D-SIFI List Underlines Commitment to Contain Financial Risk

The Chinese authorities' plan to designate at least 30 banks, 10 securities firms and 10 insurance companies as domestic systemically important financial institutions (D-SIFIs) suggests continuing commitment to broadening and strengthening regulatory supervision across the financial sector.

Japanese Non-Life insurers' 1H Results Show Catastrophe Challenges Remain

Japanese non-life insurers' domestic catastrophe exposure remains one of their biggest risks and sources of volatility, although their diversified businesses may temper the negative impact on earnings.

Tightening Regulations to Strengthen Korean Insurers' Financial Health

The credit profiles of both life and non-life insurers in South Korea will continue to be supported by sustained financial fundamentals, with an increasing emphasis on capital and risk management amid a tightening regulatory capital regime, says Fitch Ratings in a new report.

(Re)Insurers Earnings to Fall on California Wildfire Losses

The ongoing California wildfires are expected to become one of the costliest wildfire catastrophe-insured loss events ever for the property/casualty insurance industry. Losses will likely negatively impact fourth-quarter earnings of companies with material property exposure in the state, Fitch Ratings says.



Keith Buckley

Analytical Group Head

+1 312 368 3211


Jeff Liew


+852 2263 9939


Harish Gohil


+44 20 3530 1257


Eduardo Recinos


+503 2516 6606

North America

Julie Burke


+1 312 368 3158


David Turner

Business Relationship Head

+44 203 530 1442


Mee Ryung Song


+822 3278 8364


Diego Alcazar


+1 212 908-0396

North America

Brad Istwan


+1 312 368 3197

Fitch Updates Terms of Use & Privacy Policy

We have updated our Terms of Use and Privacy Policies which cover all of Fitch Group's websites. Learn more.