Report Summary 5 years of Solvency II (“SII”) reporting allows a focussed look at gross, ceded and net underwriting performance by line. Using SII data from A.M. Best*, Litmus Analysis has developed a UK Market Motor cohort of insurers** in order to review carrier specific underwriting performance
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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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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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S&P says insurer ratings resilient for now but potential pressure coming from erosion of capital buffers S&P’s latest commentary on global insurance ratings continues the focus on COVID-19 as the current primary driver of ratings. The headline message remains that most insurer ratings are still ‘resilient’ given the extent of capital buffers. However, erosion of these is expected during the second half of 2020, as
Read more →A.M. Best moves to COVID-19 phase 2 Stuart ShipperleeHead of Analytics Rowena PotterSenior Consultant Analyst Earlier this week A.M. Best (“Best”) announced the results of its initial response to COVID-19, reviewing a set of capital adequacy “stress-tests” across its rated universe using its capital model (the “BCAR”).
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Ratings activity from the major agencies has differed very substantially in the first months of the pandemic’s global impact Stuart ShipperleeHead of Analytics Rowena PotterSenior Consultant Analyst Despite highly similar headline views on the main drivers of the credit rating impact of COVID-19 on (re)insurers, in practice rating
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An examination of the P&C treaty renewals of the big four European reinsurance groups Lewis PhillipsConsultant Analyst Lucy StupplesConsultant Analyst The big four European reinsurance groups reported divergent results from the 1 January 2020 renewals. The change in renewed premiums varied from +14% for Hannover Re to
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Litmus LACE Event – Thursday 3rd October Moody’s post Monte Carlo reinsurance review – Can the positive vibes lift the market? Brandan Holmes, Vice President and Senior Analyst at Moody’s, will give Moody’s view on the more positive tone in the Monte-Carlo rendezvous discussions as price
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