Fitch Ratings
Fitch Ratings is a credit ratings provider. The company also provides commentary, market analysis, and research for global capital markets.
It is considered on of the Big Three credit ratings agencies, alongside Moody's and Standard & Poor's (S&P).
PT Tugu Reasuransi records $7m net profit in H1 2024
PT Tugu Reasuransi records $7m net profit in H1 2024
The company holds an 11% market share in Indonesia's reinsurance sector.
Nippon Life's capital adequacy amongst strongest of Japanese insurers
The insurer’s core profit margin increased to 13% in 2023 from 11% a year earlier.
QBE's conservative portfolio curbs investment risk
Net profit doubled year-on-year to $806m in H1 2024.
Increased capital ratio supports Arch Indemnity's growth
Fitch expects this ratio to remain above the insurer’s internal target range.
China-based Groupama SDIG enhances non-agri insurance strategy
Over the past three years, the company’s combined ratio averaged 98%.
Suncorp Group's outlook challenged from higher risks, costs challenges
Despite this, SGL's prescribed capital amount coverage remains robust.
APAC insurers face tighter capital buffers
Some markets are not required to hold explicit capital against the illiquidity risk of private debt investments.
Asuransi Wahana Tata’s premium retention drops to 36% in 2024
Its combined ratio increased due to higher property claims and lower net premiums earned.
CI Guarantee stands strong with solid capital buffer
The return on equity rose to 3.1% in 2023, higher than the 2021-2023 average of 2.7%.
Japanese insurers double down on tech to weather disaster risks
Industry players are relying on data analytics to improve risk management.
Taiwan life insurers shift focus to protection products
The accident and health insurance market grew 16% YoY in 9M 2024.
HNB Assurance expected to boost profitability
Non-life premiums increased 14% in H1 2024.
Taiwan insurers to raise fresh equity amidst new capital requirement
The new standard also raised compliance risks for insurers.
APAC reinsurance market sees stable pricing in 2024
Although, extreme weather and NatCats could disrupt current pricing stability.
Milton’s $50b losses won't impact rated insurers: Fitch Ratings
This will bring 2024’s total global insured losses to over $100b.
Sumitomo Life strong despite investment pressures: Fitch Ratings
Its underwriting profitability recovered, with core profit margin at 12%.
Meiji Yasuda Life’s core profit up 27% from strong sales
The weaker yen against the US dollar also boosted profits.
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