David Prowse - Senior Director, FitchWire Financial Institutions

David Prowse – Senior Director, FitchWire Financial Institutions

David leads Fitch Wire’s coverage of financial institutions in EMEA. Before joining Fitch Wire in 2017, David spent 9 years in Fitch’s EMEA Insurance team. He led the team’s UK life sector coverage and coordinated European market research and publications, focusing on investor outreach on hot topics including Solvency II and the impact of low interest rates on insurers.

After an M.A. in mathematics from the University of Oxford, David began his career at a UK life insurance company, where he qualified as an actuary in 1997. He then spent 10 years in actuarial consultancy for clients across Europe, including 3 years based in the Netherlands.

Latest reviews by David Prowse
2024 Expected to Mark Peak in Reinsurers' Underwriting Profits" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Underwriting Margins for Reinsurers Will Reach Peak in 2024">
Underwriting Margins for Reinsurers Will Reach Peak in 2024
The underwriting margins for reinsurers are anticipated to reach their peak in 2024, driven by significant price increases and stricter terms and conditions
UK Life Insurance Sector Outlook for 2024 is Improving" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="UK Life Insurance Sector Outlook for 2024 is Improving">
UK Life Insurance Sector Outlook for 2024 is Improving
UK life insurance sector are likely to pass on more of the interest they earn on customer cash balances to protect their reputations as customer fairness regulation
2024 Global Reinsurance Rate for Property Catastrophe Forecasts" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="2024 Global Reinsurance Rate for Property Catastrophe Forecasts">
2024 Global Reinsurance Rate for Property Catastrophe Forecasts
Reinsurance rate increases for property catastrophe business are likely to slow to below 10% on average when contracts are renewed in January 2024
Global Reinsurance Underwriting & Investments: 1H2023 Results" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Global Reinsurers Underwriting & Investments: 1H2023 Review">
Global Reinsurers Underwriting & Investments: 1H2023 Review
Global reinsurance groups are cutting back on the cover they provide against medium-sized natural catastrophe risks due to investor pressure after several years
Belgian & Dutch Insurers’ Investments Should be Resilient to Credit Risks" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Belgian & Dutch Insurers’ Investments Should be Resilient to Credit Risks">
Belgian & Dutch Insurers’ Investments Should be Resilient to Credit Risks
Belgian and Dutch insurers’ conservative investment portfolios should be resilient to rising credit risks amid weakening economic conditions and tightening monetary policy
UK Life Insurance Market Solvency at Record High" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="UK Life Insurance Market Solvency at Record High">
UK Life Insurance Market Solvency at Record High
The UK life insurance market will continue to maintain strong capitalisation despite the government’s proposals to loosen Solvency II (S2) rules to release capital for insurers