Reinsurance News
Fitch
Mid-single-digit billions of dollars loss from Isaias unlikely to affect P&C re/insurer credit profiles, says Fitch
13th October 2026
A wide rage of insurers and reinsurers are expected to be impacted by Hurricane Isaias, which made landfall as a Category 2 storm in the Florida Panhandle on October 9th, but while the event is expected to drive moderate economic and insured losses, Fitch says it is "not likely to ... Read the full article
Fitch expects strong growth in offshore life reinsurance to continue
10th September 2026
Fitch Ratings expects strong growth in offshore life reinsurance to continue, with Bermuda remaining the dominant primary jurisdiction. Offshore reserves ceded by U.S. life insurers have nearly doubled since 2020, amounting to $1.3 trillion in 2025. This growth reflects capital optimisation, strategic partnerships between insurers and alternative investment managers, sidecar creation and ... Read the full article
Stronger El Niño effects could pressure Brazil’s insurance results: Fitch
28th August 2026
Fitch Ratings, a global credit ratings agency providing assessments and analysis across financial markets, expects intensifying El Niño conditions to create additional challenges for Brazil’s insurance industry. The agency said more frequent and severe weather events could result in higher claims and weaker technical performance, particularly among insurers with significant exposure ... Read the full article
China’s non-life insurance sector remains broadly stable in H1’26: Fitch
19th August 2026
China’s non-life insurance sector was broadly stable in the first half of 2026, supported by a robust solvency buffer, modest premium growth and a steady underwriting margin, according to Fitch Ratings’ China Non-Life Insurance Monitor: August 2026 report. Additionally, at the end of the first quarter of 2026, the sector’s comprehensive ... Read the full article
Fitch upgrades IFS rating of Uzbekistan-based insurer KAFOLAT
24th July 2026
Fitch Ratings has upgraded the Insurer Financial Strength (IFS) Rating of KAFOLAT Insurance Company, one of the leading non-life insurers in Uzbekistan, to 'BB-' from 'B+', with a Stable Outlook. The rating upgrade reflects KAFOLAT's strengthened financial profile and better capital position, as well as improved geographical diversification, with the latter ... Read the full article
Fitch upgrades Athora’s IFS ratings to A+ following PIC acquisition
1st April 2026
Fitch Ratings has upgraded the Insurer Financial Strength Ratings of SRLEV N.V. and Athora Life Re Ltd. to ‘A+’ from ‘A’, and the Long-Term Issuer Default Ratings of Athora Holding Ltd. and Athora Netherlands N.V. to ‘A’ from ‘A-’, all with stable outlooks. The rating upgrades follow Athora’s completion of ... 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
Strong earnings recovery solidifies SCOR’s positive outlook: Fitch
17th March 2026
French reinsurer SCOR SE has demonstrated significant financial recovery in its 2025 results, which confirm the group’s resilience and capacity to deliver strong capital and earnings performance, according to a credit comment from Fitch Ratings. SCOR reported an adjusted net income of EUR846 million for 2025, representing a return on ... Read the full article
Territorial disputes, regime changes are political & geopolitical risks for insurers: BMI’s Sano
26th January 2026
Territorial disputes, regime changes, and the possible shifting of global alliances are the main themes of political and geopolitical risks insurers need to watch for in 2026 and beyond, according to Yoel Sano, Head of Global Political and Security Risk at BMI, a multinational research firm and Fitch subsidiary. At the ... Read the full article
Fitch predicts further re/insurance softening in 2026, but ROEs to stay strong
19th January 2026
The insurance and reinsurance market is expected to experience further softening in 2026, yet profitability is to remain robust, with returns on equity (ROEs) remaining above the industry’s cost of capital, Fitch Ratings notes in a recent report. Fitch forecasts that while ROEs may dip from the high teens seen in ... 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
Sri Lankan insurers’ cyclone losses limited, reinsurers to absorb most non-motor losses: Fitch
18th December 2025
Fitch Ratings expects most Sri Lankan insurers' losses from Cyclone Ditwah flooding to be limited due to low non-motor retention and reinsurance. However, the National Insurance Trust Fund Board (NITF), the country's sole local reinsurer, is more exposed to losses due to a lack of retrocession. The agency expects the sector’s underwriting ... Read the full article
Fitch’s outlook for global insurance sector is ‘neutral’ despite pockets of deterioration
17th December 2025
Fitch Ratings has assigned a ‘neutral’ global sector outlook for the insurance industry in 2026, which reflects a stable operating environment in most markets and a sector that remains resilient, despite facing increasingly challenging conditions in specific markets. While the broader picture remains stable, the rating agency noted that there are ... 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





