Fitch Ratings
Analysis: Is the Intact takeover of RSA UK good or bad news for brokers?
Mark Richardson examines Intact's track record when it comes to integrating acquisitions and its approach to working with brokers.
Fitch Ratings predicts fall in insurer profitability in 2020
Fitch warns that the FCA's potential ban on dual pricing can lead to "significant strain" as it declares a negative outlook for UK home and motor insurers.
Quizzical questions: 28 June 2019
Test your knowledge of the week's news with our topical quiz.
Dual pricing: Capping prices risks industry profits, warns Fitch
The CMA had recommended price caps, as regulators propose solutions to the 'loyalty penalty', but the ratings agency suggests it could destabilise the market.
Broking Break: Your top five of the week
Aviva putting 120 people at risk of redundancy was the top clicked on story of the week along with Rural Insurance MD Ian Barclay resigning. Brokers also read about data breaches and Elite being put on negative rating watch.
Fitch turns negative on Lloyd’s outlook
Rating remains the same at AA-.
Elite Insurance gets first rating
Company assigned BBB- status from Fitch.
Fitch downgrades Towergate bond
The ratings agency notes “slow” progress on transformation plan and maintains negative outlook.
Flooding costs could push industry COR above 100%, says Fitch
Specialists say impact is unlikely to affect the ratings of insurers.
Fitch revises Towergate outlook to negative from stable
Ratings agency cites Towergate's underperformance against a number of metrics.
Fitch: Towergate faces limited growth in challenging market
Ratings agency says consolidator also faces execution risk in completing transformation plan.
Fitch gives Ageas A+ rating with stable outlook
Agency says Ageas Insurance is core to the group.
Fitch revises 2015 outlook for insurance market to stable from negative
While the outlook for the company market improves, the London market moves from stable to negative.
Fitch places Sterling on a positive rating watch
Agency expects the insurer to benefit from Covéa takeover.
Fitch warns of uncertainty at Towergate after Hodges’ departure
Ratings specialists flag that time to taken to appoint new CEO could impact strategy.
Fitch keeps RSA on negative watch
Rating agency warns that a failure to achieve a 97% COR and a suitable return on equity could lead to a downgrade.
Fitch welcomes findings of RSA review
Ratings agency positive around issues in Ireland but ratings watch remains negative.
Fitch downgrades QBE
Rating agency cites unexpected US write-down among reasons for change.
Fitch keeps Allianz stable at AA-
Fitch has affirmed Allianz SE’s insurer financial strength rating as AA-.
Lloyd's A+ rating upheld by Fitch as outlook is upgraded to positive
Lloyd's of London's financial strength rating has been upheld as A+ while its outlook has been upgraded to positive from stable, by agency Fitch Ratings.
Fitch maintains RSA’s A rating
Fitch Ratings has affirmed Royal & Sun Alliance Insurance plc's (RSA) insurer financial strength (IFS) rating at 'A' with a stable outlook.
Moody’s downgrades Towergate as Fitch opts for stable outlook
Moody's Investors Service has downgraded the ratings of Towergate citing the “continued significant levels of financial indebtedness”.
Fitch predicts flood insurance pool
Fitch has stated that the most likely solution to providing insurance coverage in high-flood risk areas of the UK is the introduction of a non-profit risk pool.
Fitch maintains Sterling rating
Fitch Ratings has affirmed the BBB+ rating of the underwriting members of the Sterling Insurance Group for insurer financial strength.