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.
The market is softening but could ‘turn on a knife edge’: Turk, Lloyd’s
23rd January 2026
Rachel Turk, Chief of Market Performance at Lloyd’s of London, classifies the current reinsurance market as one that is softening, but not soft, noting that it is on a knife edge and could reverse following a major loss event. Speaking at Fitch Ratings’ Insurance Insights 2026 event on 22nd January in ... Read the full article
Fitch Ratings: US P&C market to soften further in 2026 as competition intensifies
23rd January 2026
Fitch Ratings, the credit rating agency, expects the US property and casualty (P&C) insurance market to face continued softening through 2026. According to the analysis, the US P&C insurance market is set to become more competitive in 2026, with abundant capital and easing pricing continuing to weigh on premium growth. As rate ... Read the full article
Jan 1 renewal points to weaker but still strong reinsurer profitability in 2026, says Fitch
8th January 2026
Record levels of reinsurance capital supply from traditional and alternative sources outpaced incremental demand from buyers at the January 1st, 2026, renewals, and as pricing "reverted broadly to 2022 levels", analysts at Fitch Ratings expect global reinsurers' profitability to decline but remain strong in 2026. Reinsurance broker reports revealed further price ... Read the full article
US P&C set for strong 2026 despite shifting landscape: Fitch
31st December 2025
US property and casualty (P&C) insurance is set to maintain strong underwriting profitability through 2026, despite a shifting landscape, marked by social inflation, slow economic growth, and heightening competition, according to a new report by Fitch Ratings. Fitch has issued a ‘neutral’ sector outlook for 2026, including commercial and personal lines. ... Read the full article
Fitch upgrades Oman Re’s credit rating, assigns stable outlook
17th December 2025
Fitch Ratings has upgraded Oman Re's Insurer Financial Strength (IFS) Rating to 'BBB' from 'BBB-', assigning a Stable Outlook. According to Fitch, the upgrade reflects reduced investment and asset risk following the upgrade of the Oman's sovereign rating to 'BBB-' on 8 December 2025. The reduction in investment and asset risk were ... Read the full article
Fitch flags Mexico as 2026 outlier in otherwise steady LATAM insurance landscape
10th December 2025
Fitch Ratings, the credit rating agency, presents a broadly steady view of Latin America’s insurance sector for 2026, with most markets falling under a 'neutral' outlook, reflecting Fitch’s expectation of stable performance across the region. Mexico stands as the notable exception, with Fitch assigning a 'deteriorating' view due to tax reforms ... Read the full article
Fitch maintains ‘neutral’ outlook for US P&C insurance sector amid strong profitability
8th December 2025
Fitch Ratings maintains a ‘neutral’ fundamental sector outlook for the US property/casualty (P&C) insurance sector in 2026, as well as for both commercial and personal lines. This assessment is based on the sector’s solid starting position for the year, which is supported by strong overall statutory performance, continued favourable personal auto ... Read the full article
EMEA insurance market to enter 2026 on steady footing: Fitch
5th December 2025
Credit rating agency Fitch Ratings states that the broader EMEA insurance landscape enters 2026 on a steady footing, supported by reliable operating performance, firm capitalisation and continued momentum in new business generation. According to Fitch Ratings, conditions across the region are steady enough to justify a 'neutral' outlook despite muted economic ... Read the full article
North America life insurance sector outlook remains neutral for 2026: Fitch
4th December 2025
Fitch Ratings maintains a ‘neutral’ sector outlook for North American life insurers in 2026 despite a more challenging backdrop, citing that strong balance sheets will help mitigate a potential slowdown in economic growth, heightened macroeconomic volatility, and geopolitical uncertainty. The agency expects life insurers to maintain strong capitalisation, prudent asset-liability management, ... Read the full article
Hong Kong fire losses to be manageable for China Taiping Insurance: Fitch
4th December 2025
Fitch Ratings expects the recent Wang Fuk Court fire in Hong Kong to result in a surge in near-term claims, but says these should be manageable and unlikely to affect the rating of China Taiping Insurance Group Ltd. (TPG, A-/Stable), whose Hong Kong-based subsidiary underwrites the complex’s property and liability ... Read the full article
PRA’s LIST 2025 reinforces Fitch’s view that the UK life sector is well capitalised
3rd December 2025
Fitch Ratings said the UK Prudential Regulation Authority’s (PRA) 2025 Life Insurance Stress Test (LIST 2025) reinforces its view that the sector is well capitalised, but warns that real-world stress scenarios could lead to a different outcome due to higher market interconnectedness than the exercise assumes and associated spillover effects. Published ... Read the full article
Fitch upgrades Fortitude Re’s ratings on improved company profile
21st November 2025
Fitch Ratings has upgraded Fortitude Re’s ratings, citing an improved company profile that has strengthened in recent years through a series of strategic transactions, including reinsurance deals that have expanded the company’s scale and diversified its risk exposure. Notably, Fitch has upgraded Fortitude Reinsurance Company Ltd. (FRL) and Fortitude Life Insurance ... Read the full article
Fitch upgrades MAPFRE’s credit rating on strong business performance, assigns stable outlook
20th November 2025
Rating agency Fitch has upgraded the credit rating for Spanish insurance company MAPFRE, assigning an ‘A’ issuer rating, up from ‘A-’, with a stable outlook. Fitch attributed this credit rating decision to the company’s improved business performance and positive earnings forecasts. At the same time, the rating agency also raised MAPFRE Asistencia’s ... Read the full article
Fitch Ratings warns of mild credit risk from proposed Solvency II capital reductions
7th November 2025
Fitch Ratings, a provider of credit ratings, research, and risk analysis, has stated that the European Commission’s proposed reductions in Solvency II capital requirements would be mildly negative for the credit profiles of European insurers. According to Fitch, the proposals could encourage greater investment risk-taking and fail to fully capture life ... Read the full article
Alt IMs’ move into Lloyd’s and US sidecars increases credit and liquidity risks: Fitch Ratings
7th November 2025
Global credit rating agency Fitch Ratings warns that alternative investment managers’ (Alt IMs) growing participation in Lloyd’s syndicates and US casualty sidecars is introducing new third-party capital to the reinsurance market but also increasing potential credit, liquidity, valuation, and governance risks. According to Fitch, Alt IMs are channelling long-term insurance premiums ... 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.
