Reinsurance News
Fitch Ratings news
News featuring rating agency Fitch Ratings, including the latest reports, rating actions and analysis from the company, as well as news on Fitch’s analysis of the reinsurance sector.
European reinsurers deliver higher profits despite weaker revenue growth in Q1’26: Fitch
20th May 2026
Fitch Ratings, the international credit ratings and research agency, has said that Europe’s four largest reinsurers posted stronger earnings in the first quarter of 2026, although overall revenue growth declined as market conditions became less favourable. In its latest assessment, Fitch Ratings said Munich Re, Swiss Re, Hannover Re and SCOR ... Read the full article
Continued momentum in global life insurance consolidation across regions: Fitch
11th May 2026
Fitch Ratings, the credit rating agency, anticipates that consolidation within the global life insurance sector will remain ongoing, although the pace and structure of transactions will differ by region. Fitch Ratings explains that deal flow is being supported by insurers’ ongoing efforts to strengthen balance sheets, improve operating efficiency and allocate ... Read the full article
Bermuda and US re/insurers maintain strong capital positions despite rising losses and softening market: Fitch
27th April 2026
Fitch Ratings, a global credit rating agency, has published a report reviewing a group of Bermuda and US-based re/insurance companies, namely Arch Capital Group Ltd., Ascot Group Limited, Hamilton Insurance Group Ltd., RenaissanceRe Holdings Ltd. and SiriusPoint Ltd. In its report, Fitch Ratings states that financial strength across the group remains ... Read the full article
UK life insurers’ annuity volumes expected to rebound in 2026 while margin pressure persists: Fitch
23rd April 2026
Fitch Ratings, a global credit ratings agency, expects UK life insurers’ pension risk transfer (PRT) market activity to recover in 2026. Fitch Ratings links this expectation to continued demand from defined benefit pension schemes seeking to reduce balance sheet exposure, alongside the potential re-emergence of larger transactions. The agency notes that total ... Read the full article
Lloyd’s delivers strong results despite softer pricing: Fitch
21st April 2026
Fitch concludes that the Lloyd’s market's disciplined approach to underwriting, reserving, and investment management leaves it well placed to navigate a softer pricing cycle over the next two years. The global credit rating agency highlights that Lloyd’s continues to hold a very strong capital position and expects its credit profile to ... Read the full article
US P&C insurance industry saw strongest underwriting results in 20 years in 2025: Fitch
20th April 2026
In 2025, the US property/casualty insurance industry delivered its strongest underwriting performance in two decades, according to a newly released report by Fitch Ratings. Last year, the sector achieved its second consecutive year of underwriting profitability after the underwriting losses seen in 2023 and 2024. “After adjusting industry investment earnings for large ... Read the full article
Fitch observes rising regulatory scrutiny of private credit in US and UK insurance markets
16th April 2026
In its latest update on global insurance regulatory developments, Fitch Ratings says US and UK regulators are stepping up scrutiny of insurers’ exposure to private credit and other alternative assets. The shift reflects broader concerns among prudential regulators about the rapid growth of private markets and the increasing complexity of insurers’ ... Read the full article
APAC non-life insurers maintain strong credit positions in global comparison: Fitch
15th April 2026
Fitch Ratings, the credit rating agency, has reported that non-life insurers in the Asia-Pacific (APAC) region continue to exhibit strong credit fundamentals relative to their international peers. In its latest peer analysis, Fitch Ratings compares key credit characteristics of major APAC non-life insurers with large global operators and selected firms across ... Read the full article
GCC insurers’ underwriting profitability at risk from Hormuz disruption, Fitch warns
7th April 2026
Assessing insurers’ vulnerability to an adverse scenario in which the Strait of Hormuz remains effectively closed until June 2026, Fitch Ratings has warned that a spike in inflation or supply chain disruption could drive up claims costs, putting particular pressure on the underwriting profitability of Gulf Cooperation Council (GCC) insurers. Fitch ... Read the full article
Europe’s big four reinsurers delivered record average ROE in 2025: Fitch
20th March 2026
On the back of a strong 2025, Fitch expects the four largest European reinsurers to maintain balance-sheet resilience into 2026, driven by strong capital generation and reserve strengthening, despite a ‘deteriorating’ global reinsurance sector outlook and shifting macroeconomic conditions. This assessment follows a robust year for Munich Re, Swiss ... Read the full article
NA P&C re/insurers maintain favourable operating returns in FY’25: Fitch
18th March 2026
Fitch Ratings’ review of 2025 GAAP financial results for 41 North American property and casualty re/insurers found that operating returns remained at favourable levels, supported by strong underwriting results and investment income growth. The group’s overall operating return on common equity was 10.9% in 2025, down from 11.1% in 2024, with ... Read the full article
London market and global specialty insurers most directly exposed to Iran conflict: Fitch
17th March 2026
The ongoing Iran conflict is expected to most directly affect the London market and global specialty insurers, given their direct exposure to marine/aviation war, political violence, trade credit and energy lines, according to credit ratings agency, Fitch Ratings. Analysts at Fitch have warned that a prolonged conflict in the Middle East ... Read the full article
Fitch downgrades ARC’s ratings on sustained earnings volatility
16th March 2026
Fitch Ratings has downgraded African Risk Capacity (ARC Ltd.)’s Insurer Financial Strength (IFS) Rating to ‘BBB+’ from ‘A-’ and its Long-Term Issuer Default Rating (IDR) to ‘BBB’ from ‘BBB+’, reflecting a decline in the firm’s standalone credit quality, which has been revised to ‘bb+’ from ‘bbb-’. The revision of the parametric ... Read the full article
Withdrawal of Persian Gulf war risk cover viewed as credit negative for exposed US marine insurers: Fitch
13th March 2026
Fitch Ratings, the international credit rating agency, said the withdrawal of hull war risk marine insurance coverage in the Persian Gulf is expected to be credit negative for US property and casualty insurers with significant exposure to Gulf shipping routes. Fitch notes that the move is likely to have broadly neutral ... Read the full article
Fitch upgrades ratings of SiriusPoint and its operating subsidiaries
26th February 2026
Credit ratings agency Fitch Ratings has upgraded the Insurer Financial Strength (IFS) rating of specialty insurer and reinsurer, SiriusPoint Ltd. and its operating subsidiaries to 'A' (Strong) from 'A-', with an outlook of stable. The insurer's Long-Term Issuer Default Rating (IDR) has also been upgraded to 'BBB+' from 'BBB', and its ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
