Projects decline to 16.8 million vehicles next year, down from 17 million this year. Fitch Ratings’ sector outlook for U.S. auto manufacturers and suppliers in 2018 is stable, reflecting a combination of solid credit profiles for most issuers in the industry and Fitch’s expectation for continued modest global sales and production growth. Fitch expects lower […]
Ratings Agency Reports U.S. Property/Casualty Insurers’ Operating Profitability Declined in 2015
U.S. Property/casualty insurers’ operating earnings decreased in 2015, highlighting the competitive operating environment and low investment yields that challenge insurers’ earnings growth potential, according to a new report by Fitch Ratings. Favorable reserve development and limited catastrophic loss activity helped to offset sluggish investment income. Fitch’s universe of 45 (re)insurance organization reported an aggregate a […]