All Financial ratings articles
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Latest NewsUK non-life company market set to deteriorate in 2022 – Fitch Ratings
The credit rating agency believes high claims inflation, an uptick in claims frequency and the FCA’s pricing reform will impact insurers’ profitability next year
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Latest News
Allianz’s total revenue growth soars despite natural disaster burdens
Asset management and life business segments spearheaded profits with property remaining strong
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Latest News
GRP eyes further M&A amid soaring premium growth
During challenging times for the industry, ‘2021 has been a sea change for GRP’, says chief executive
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Latest News
Ransomware drives harder cyber response from insurers
Cyber losses could shift to hit reinsurance costs as insurers embrace standalone products over packages to mitigate silent cyber risks
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Features
Briefing: Why Zurich is having a purple patch
Zurich is showing promise in both the UK and group wide
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Latest News
Aviva’s share buyback is a ‘real positive’ says UKGI boss
Financial information business confirms that the insurer’s ‘future capital adequacy and the overall financial health of the group won’t be dented’ by its plans
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Features
Briefing: Covid costs now hitting reinsurance bottom line
Covid-19, Solvency II and ESG factors will all be influencing global multiline insurers’ balance sheets, says S P Global Ratings
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Latest News
Insurers are failing to use their influence to fight climate change - ShareAction
Some commentators believe ’the insurance industry is the single most annoying part of this whole climate puzzle’
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Latest News
UK insurers warned of big challenges and put on ‘negative’ outlook
AM Best places UK insurers on negative outlook amid major challenges
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Latest News
AM Best unveils plans to rate delegated authority providers
Plans for a financial rating regime for MGAs has been welcomed by the market, but doubts remain that firms will be willing to open their doors
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Latest News
Home insurers will benefit from pandemic claims trends in 2021 – Fitch Ratings
However, credit rating agency director believes ‘the pricing environment in the household sector’ will ‘remain weak’
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Latest News
Motor claims costs predicted to rise due to complex repairs – Fitch Ratings
The ‘one-off benefit’ from reduced claims frequency in 2020 may continue for the first half of this year too, however it won’t be as large as last year
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Latest News
Covid recession could lead to direct claims against insurers under Third Parties Act
Law firm solicitor emphasises that ‘there is potential for increased claims’ against insurers if their policyholders become insolvent
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Latest News
2021 set to be ‘less profitable’ year for insurers – Fitch Ratings
Credit ratings agency identifies the key factors that are contributing to market outlooks in the UK
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Latest News
FCA fair pricing report will ‘reduce profitability’ for insurers – Fitch Ratings
Furthermore, the home insurance market will be more affected than motor insurance as around ‘80% of premiums comes from renewal business’
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Latest News
Q Underwriting secures capacity to launch new property and package division
A new property owners product will be available for broker partners from February
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Latest News
Howden Group records 6% organic growth in year to September 2020
Chief executive believes ‘the opportunities that lie ahead for Howden Group are extraordinary’
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Latest News
Markerstudy Group reveals £200m investment
Markerstudy Group will use this investment to deliver a sustainable growth programme through a combination of organic and acquisition-led expansion
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Online only
Allianz eyes carve up of major part of Aviva’s continental business
Allianz is eyeing a carve up of Aviva France, bagging the non-life business, according to reports. The life business would be hived off to its partner in the consortium, Athora, Le Figaro reports. Athora would take the lion’s share of the business, as life makes up £387m ...
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Latest News
Covid-19 impact on insurance recruitment revealed
Recruitment stats confirm economic impact of pandemic past year, but more optimistic picture painted for 2021
