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.

M&A more expensive as Asian reinsurers seek diversification: Fitch

17th March 2017

M&A activity became more competitive last year, with valuation multiples shooting up as Chinese and Japanese reinsurers follow international earning diversification strategies, according to Fitch's newly released study on reinsurance market trends. Fitch said valuation multiples for M&A activity had risen last year to nearly 2.0x due to the influx of Asian ... Read the full article

European reinsurers disciplined in a tough market: Fitch

17th March 2017

Large European reinsurers continued to show discipline in a very challenging marketplace and broader economic environment in 2016, as reserve releases declined and companies reported a reduction in renewed business, according to the latest European reinsurance market report from Fitch Ratings. The profitability of European reinsurers remained pressured throughout 2016, with Fitch ... Read the full article

Higher reinsurance costs expected after Ogden rate cut: Fitch

1st March 2017

UK motor insurers will likely face increased reinsurance costs after the government announced plans to reduce the Ogden discount rate from 2.5% to -0.75%, Fitch Ratings has warned. Although re/insurers likely to be affected by the rate have been proactive in preparing for the rate change, a drop to a negative ... Read the full article

Solvency II fuelling increased reinsurance demand: Fitch

16th February 2017

Commentary from reinsurance companies following the key January 1st 2017 renewal season supports the view that Solvency II regulation will increase demand for reinsurance protection, according to international rating agency, Fitch Ratings. The benign large loss environment and abundance of capital in the global reinsurance market, from both traditional and third-party ... Read the full article

EU, U.S. reinsurance deal could boost business, but hinder profits: Fitch

20th January 2017

International financial services rating agency, Fitch Ratings, has commented on the recently announced EU/U.S. transatlantic reinsurance agreement. Fitch says that while the proposed deal could boost the attractiveness of transatlantic reinsurance business, it could also result in some additional pricing pressure in the space. At the end of last week ... Read the full article