Fitch Ratings has revised its outlook for the underlying fundamentals of the U.S. property/casualty (P/C) insurance sector to negative from stable (sector outlook). The sector outlook revision is due to increased concerns over COVID-19, the disease caused by the coronavirus, and related impacts on near term performance and the credit quality of insurers. Fitch’s outlook… Continue reading Fitch Ratings’ Outlook on Fundamentals of U.S. P/C Insurance Sector Revised to Negative