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).
High interest rates threaten Korean insurers' profitability
High interest rates threaten Korean insurers' profitability
The profitability of Korean non-life generally falls below the ratio guidelines.
Fukoku Life's solvency ratio expected to reach 300%
Positive investment spread will continue to widen over the next 3-5 years.
Shin Kong Life sees solvency boost from parent company’s aid
Fitch expects SKL’s solvency position to stabilise further with an additional $0.43b.
RLA sustains low financial leverage, aided by Aus-NZ operations
RLA's underlying earnings remained profitable.
China United Property Insurance’s bond issuance to ease capital pressure
It could raise the financial leverage ratio to ~30%.
Fitch praises South Korea’s transparent insurance regulations
The FSC monitors insurers' capital strength.
Taishan P&C’s efforts to improve underwriting boost
Increased investment in asset management products has slightly reduced liquidity.
Fitch sees progress in China's insurance regulations
The industry has begun to embrace the IFRS 17 standards.
CrowdStrike incident unlikely to impact global insurer finances
Industries requiring 24/7 availability will be more affected, especially in APAC.
Nan Shan holds 12% market share in Taiwan's insurance
The insurer's total capital increased due to narrower unrealised losses in 2023
Allianz’s acquisition won’t have impact on market: Fitch Ratings
This deal will make it the largest property and casualty insurer in Singapore.
CHIC's solvency ratio falls below industry average in Q1 2024
CHIC is expected to slow premium growth in 2024.
Korean insurers face volatile investment returns under new IFRS
Stricter K-ICS risk charges prompt portfolio adjustments.
First Insurance Limited’s position weakest in peer group
Fitch assesses New Zealand and Australian life insurers in a peer review.
National Insurance Trust Fund Board’s gross premiums surge this year
However, Fitch Ratings sees risk-management weaknesses in the insurer.
Australia's insurance market bolstered by strong regulation
Fitch finds Australia’s insurance market technically sophisticated.
New Zealand’s insurers maintain strong solvency under strict regulations
Demand for non-life insurance is driven by exposure to natural hazards.
Commentary
Rethinking insurance for the masses
Navigating risk strategies for decommissioning traditional power plants