The Insurance Insider is relied upon by senior industry figures and investors for its insight & intelligence. Key trends are identified and analysed, tomorrow's news is broken today and the world's events and losses are dissected for what impact they will have on the industry, its balance sheets and share prices.
Asbestos and environmental (A&E) claims have begun to slow, with payouts in 2018 falling below the long-term average of $2.5bn, according to AM Best...
Britannia P&I has abolished the practice of charging a general increase to its members in favour of assessment based on individual claims records...
Markel Catco has set loss reserves of 1.69 percent of net asset value (NAV) for ordinary shares and 2.53 percent of NAV for class C shares in its...
Japan’s three major insurers may breach their fiscal 2019/20 catastrophe budgets following typhoons Hagibis and Faxai but should be able to comfortably absorb cat losses in their earnings...
The losses relate largely to Hurricane Dorian and tropical storms Barry and Imelda....
RenaissanceRe is expecting to absorb natural catastrophe losses of about $155mn across the third quarter, including claims from Typhoon Faxai and Hurricane Dorian...
Everest Re Group has estimated that third quarter natural catastrophe losses will cost the carrier $280mn before tax, with most coming from Hurricane Dorian and Typhoon Faxai...
A prolonged period of benign catastrophe losses has allowed the upstream energy market to remain profitable, despite a dramatic reduction in premiums and a surge in capacity...
Typhoon Hagibis will have enormous implications for the loss-handling process around Typhoon Faxai, given the proximity in...
Increased frequency and severity of losses in the renewable energy market has caused the market to harden, putting an end to years of soft market conditions...
