Tag: Fitch Ratings

  • US P&C insurance outlook marred

    US P&C insurance outlook marred

    “For the year, we would say that we expected better results earlier on, but the inordinate catastrophe losses led to another year of modest, breakeven underwriting results,” said Auden. “In 2021, we are expecting a combined ratio of approximately 99%, which is the same as we’ve seen in the prior three years. So, these are […]

  • A Forecast From Fitch Sees Widening Gaps in Colleges’ Finances

    A Forecast From Fitch Sees Widening Gaps in Colleges’ Finances

    The pandemic era is likely to continue to broaden the gap between wealthier colleges and colleges that struggle financially, according to a recent report from bond-rating agency Fitch Ratings. While federal stimulus dollars sustained many institutions through the worst of Covid-19, and a pending increase in the maximum Pell Grant provided for in the Build […]