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Fitch: European P&C Reinsurance Showing Resilience
The following statement was released by the rating agency) Link to Fitch Ratings' Report: European P&C Reinsurance Showing Resilience here LONDON, March 16 (Fitch) Fitch Ratings says that underwriting in the European reinsurance market remains under pressure but there are signs that rate declines are reducing and pricing is beginning to stabilise in some markets.
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Reserving, Reinsurance, Recapitalization, and Ratings
COLUMBUS, Ohio, March 16, 2017 /PRNewswire/ -- Two facts underlie Demotech's most recent efforts to stabilize the property insurance marketplace in Florida. First, the unresolved and ongoing utilization of assignment of benefits (AOB) in Florida is unlike any other situation in the US. This unique situation has affected consumers through an increase in annual premiums due to the unusual severity of claims associated with AOB and created a small number of vendors, attorneys, and third parties that have prospered. Second, the operating environment is such that insurers cannot rely on histo
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‘Reinsurance’: Mark Dayton isn’t buying what insurance companies are selling
The state’s major health insurance companies tried to calm concerns about a proposal to stabilize the state’s insurance market Wednesday with a letter promising that a “reinsurance” bill would lower rates.
But Gov. Mark Dayton isn’t buying the promises.
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Fitch: European P&C Reinsurance Showing Resilience
The following statement was released by the rating agency) Link to Fitch Ratings' Report: European P&C Reinsurance Showing Resilience here LONDON, March 16 (Fitch) Fitch Ratings says that underwriting in the European reinsurance market remains under pressure but there are signs that rate declines are reducing and pricing is beginning to stabilise in some markets.
- Read full article
- Comments(0) To comment, please Sign In
Reserving, Reinsurance, Recapitalization, and Ratings
COLUMBUS, Ohio, March 16, 2017 /PRNewswire/ -- Two facts underlie Demotech's most recent efforts to stabilize the property insurance marketplace in Florida. First, the unresolved and ongoing utilization of assignment of benefits (AOB) in Florida is unlike any other situation in the US. This unique situation has affected consumers through an increase in annual premiums due to the unusual severity of claims associated with AOB and created a small number of vendors, attorneys, and third parties that have prospered. Second, the operating environment is such that insurers cannot rely on histo
- Read full article
- Comments(0) To comment, please Sign In
‘Reinsurance’: Mark Dayton isn’t buying what insurance companies are selling
The state’s major health insurance companies tried to calm concerns about a proposal to stabilize the state’s insurance market Wednesday with a letter promising that a “reinsurance” bill would lower rates.
But Gov. Mark Dayton isn’t buying the promises.
- Read full article
- Comments(0) To comment, please Sign In