This market has seen some easing from the larger rate increases of 2023, though insurers are very cautiou...
AmTrust secures notable workers' comp rate hikes in Q1
AmTrust Financial Services Inc. recorded eight of the 10 most notable calculated premium increases by US workers' compensation insurers in the first quarter, according to an S&P...
AmTrust Financial Services Inc. recorded eight of the 10 most notable calculated premium increases by US workers' compensation insurers in the first quarter, according to an S&P...
Article / 16 hours ago
Smooth sailing for Japanese insurers at April 1 reinsurance renewals
Lower rates were secured and negotiations proceeded smoothly for Japanese insurers at the April 1 reinsurance renewals, local insurers and reinsurers said....
Lower rates were secured and negotiations proceeded smoothly for Japanese insurers at the April 1 reinsurance renewals, local insurers and reinsurers said....
Article / 10 days ago
Sustainability Insights: The Impact Of Rising Insurance Premiums On U.S. Housing
Climate-related events in the U.S., such as floods and fires, appear to be occurring more frequently. Because some projections indicate that such events...
Climate-related events in the U.S., such as floods and fires, appear to be occurring more frequently. Because some projections indicate that such events...
Article / 1 month ago
Florida property insurers post income turnaround in 2023
Florida domestic residential property insurers' income in 2023 moved into positive territory for the first time in seven years....
Florida domestic residential property insurers' income in 2023 moved into positive territory for the first time in seven years....
Article / 2 months ago
Reinsurance startups face uphill climb as renewals restore supply-demand balance
The outcome of the Jan. 1 reinsurance renewals will make life tougher for new entities hoping to enter the market and capitalize on good trading conditions....
The outcome of the Jan. 1 reinsurance renewals will make life tougher for new entities hoping to enter the market and capitalize on good trading conditions....
Article / 4 months ago
Global insurers curb exposures as they assess Israel-Gaza war impact
Global insurers are hiking prices and reducing coverage on war policies in Israel as the country's conflict with Hamas develops....
Global insurers are hiking prices and reducing coverage on war policies in Israel as the country's conflict with Hamas develops....
Article / 7 months ago
Texas approves 36 double-digit homeowners insurance rate hikes in Q3'23
Texas regulators signed off on 36 double-digit rate increases in the third quarter, three of which were the most-impactful hikes in the entire US during the period....
Texas regulators signed off on 36 double-digit rate increases in the third quarter, three of which were the most-impactful hikes in the entire US during the period....
Article / 7 months ago
Everest CEO: Reinsurance hard market likely to last into 2025
The current good trading conditions in the reinsurance market can continue all the way into 2025, according to Juan Andrade, CEO of global insurer and reinsurer Everest Group Ltd....
The current good trading conditions in the reinsurance market can continue all the way into 2025, according to Juan Andrade, CEO of global insurer and reinsurer Everest Group Ltd....
Article / 7 months ago
In shift, California will let catastrophe models be used in rate-setting process
California's insurance department will soon allow carriers use catastrophe modeling when making rate filing requests, but additional regulatory...
California's insurance department will soon allow carriers use catastrophe modeling when making rate filing requests, but additional regulatory...
Article / 8 months ago
Balance of power is with the reinsurers & more demand is coming: S&P - Artemis
Analysts at S&P Global Ratings explained in Monte Carlo this week that the reinsurance industry remains in a hard market, especially in property...
Analysts at S&P Global Ratings explained in Monte Carlo this week that the reinsurance industry remains in a hard market, especially in property...
Article / 9 months ago