Learning from unrated insurers liquidations

Learning from unrated insurers liquidations
This Article first appeared in The Broker Magazine’s August 2021 issue A handful of insurance carriers covered by the BIBA Litmus Test Report have failed. Stuart Shipperlee reviews what stood out in their profiles, and how currently covered insurers compare. The BIBA Litmus Test Report (BLTR) is a facilityRead more

Reinsurance Renewal Roundup Mid-year 2021

Reinsurance Renewal Roundup Mid-year 2021

An examination of the P&C treaty renewals of the big four European reinsurance groups Lewis PhillipsConsultant Analyst The four major European reinsurance groups renewed EUR 12bn of P&C treaty premiums at mid-year 2021 Growth in renewed premiums at each of the three principal renewal periods in 2021

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The devil is in the detail of rating agency insurer and reinsurer peer analysis

The devil is in the detail of rating agency insurer and reinsurer peer analysis

How getting it right is crucial to ratings   Comparisons to peers play a fundamental role in how major rating agencies assess insurers and reinsurers   Rated carriers are both often unclear as to the analytical basis for this and even how and why a peer group

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Aviva France downgrades highlight a key risk for rating users.

Aviva France downgrades highlight a key risk for rating users.

How a change in group strategy can trigger individual carrier rating downgrades and how to manage the risk. Unexpected rating downgrades are a concern for policyholders and brokers alike. This is especially true when material downgrades happen even though the rated carrier’s stand-alone profile is unchanged, for

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The BLTR – Benchmarking the Credit Profiles of Unrated Carriers

The BLTR – Benchmarking the Credit Profiles of Unrated Carriers

The story so far and a snapshot from the latest reports Since late 2016 BIBA has made its BIBA Litmus Test Report (the “BLTR”) service available to BIBA members. The service covers unrated carriers that are requested for inclusion by BIBA members. The BLTR provides a set

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Reinsurance Renewal Roundup January 2021

Reinsurance Renewal Roundup January 2021

This is a condensed version of this artcle. For the full article, please contact analytics@litmusanalysis.com ‘Big Four’ renewals highlight improved P&C rating environment Introduction and Executive Summary The big four European reinsurers (Hannover Re, Munich Re, SCOR and Swiss Re) together represent around one third of global

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Litmus launches new re/insurer counterparty credit stress testing service LitmusQST

Litmus launches new re/insurer counterparty credit stress testing service LitmusQST

Litmus Analysis today announced the launch of LitmusQST, a ‘plug and play’ service for insurers and reinsurers looking to stress test the credit profile of their insurance and reinsurance counterparties. The service is an extension of their (re)insurer financial profiling and credit scoring application LitmusQ, which is

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Re/insurer stress-testing in the spotlight – Regulators take aim

Re/insurer stress-testing in the spotlight – Regulators take aim

The ability of insurers and reinsurers to meet their policyholder obligations has always been a major concern for their clients.  This is why so many buyers use ratings as a central plank of their insurer and reinsurer selection process. However, the early days of the Covid-19 pandemic

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Important considerations for understanding the A.M. Best PCA’s on Group Ark and Vantage Risk

Important considerations for understanding the A.M. Best PCA’s on Group Ark and Vantage Risk

Group Ark and Vantage Risk have both received “Preliminary Credit Assessments” (“PCAs”) from A.M. Best. While Litmus believes these provide valuable insight for potential counterparties, brokers and others the agency makes it very clear that a PCA is not the same thing as a rating. In the

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