Artificial intelligence raises challenging questions for liability as the technology continues to outpace...
Aggressive underwriting and rising losses blamed for French local government insurance crisis
A new parliamentary report has blamed overly aggressive strategies from a dominant insurer that led to high market concentration, combined with rising losses from nat cats and civil unrest...
A new parliamentary report has blamed overly aggressive strategies from a dominant insurer that led to high market concentration, combined with rising losses from nat cats and civil unrest...
Article / 8 days ago
Capacity flowing into Spanish market
Insurance companies have a growing appetite for Spanish risk, with new entrants joining existing players, offering more and more capacity in the country while expanding local teams…
Insurance companies have a growing appetite for Spanish risk, with new entrants joining existing players, offering more and more capacity in the country while expanding local teams…
Article / 15 days ago
Softer times ahead for London construction insurance market
Risk managers in the construction sector can expect a less stressful time at coming renewals in the London market, according to broker Miller. Miller’s London construction sector experts have provided...
Risk managers in the construction sector can expect a less stressful time at coming renewals in the London market, according to broker Miller. Miller’s London construction sector experts have provided...
Article / 16 days ago
Two-paced Spanish market softening in places with long-term agreements back on the table
The latest renewals showed that insurers have more appetite for Spanish risks, resulting in a significant softening in several market segments...
The latest renewals showed that insurers have more appetite for Spanish risks, resulting in a significant softening in several market segments...
Article / 29 days ago
Mounting interest in casualty captives as market toughens
Multinationals are increasingly looking to put casualty exposures within captives, particular for areas where the insurance market is proving difficult, such as US risks...
Multinationals are increasingly looking to put casualty exposures within captives, particular for areas where the insurance market is proving difficult, such as US risks...
Article / 1 month ago
European market to stabilise further
Brokers predict that European insurance buyers may begin to see more widespread softening for key risks in the second half...
Brokers predict that European insurance buyers may begin to see more widespread softening for key risks in the second half...
Article / 1 month ago
Reinsurers apply brake to insurance market softening
The return of more stable reinsurance market conditions is easing pressure on the commercial insurance space...
The return of more stable reinsurance market conditions is easing pressure on the commercial insurance space...
Article / 2 months ago
P&I Clubs to increase rates by 5% to 7.5%
All 12 mutual members of the International Group of P&I Clubs will increase premium rates at the 20 February renewal, primarily because of inflation, but there should be less need for such significant…
All 12 mutual members of the International Group of P&I Clubs will increase premium rates at the 20 February renewal, primarily because of inflation, but there should be less need for such significant…
Article / 2 months ago
Competition set to further ease French market in 2024
Wild urges insurers to boost dialogue as problem areas persist...
Wild urges insurers to boost dialogue as problem areas persist...
Article / 2 months ago
Rates increases fall to 2% in Q4 but still rising: Marsh
Marsh said primary insurance rate increases of 2% in Q4 slowed on the 3% rise recorded in Q3 2023. But speaking to analysts following the release of its 2023 results...
Marsh said primary insurance rate increases of 2% in Q4 slowed on the 3% rise recorded in Q3 2023. But speaking to analysts following the release of its 2023 results...
Article / 3 months ago