More than 85% of UK finance workers no longer view the office as their main place of work, highlighting t...
Is AXIS Selling Its Reinsurance Business? Some Say: Where There's Smoke, There's Fire
AXIS Capital Holding's chief executive officer would not comment on reports that the company is looking to sel...
Article / 23 days ago
London Market Continues to Benefit From Rising Rates and Other Tailwinds: AM Best
Upward premium rate momentum is expected to continue support underlying performance for the London market, des...
Article / 27 days ago
Allstate to Increase Magnitude of Auto Rate Hikes in 2022
Allstate to Increase Magnitude of Auto Rate Hikes in 2022
Allstate said it is raising auto insurance rates more due to continued upticks in physical damage and bodily injury severity...
Article / 27 days ago
Florida insurance market needs strong medicine
If the Florida homeowners' insurance market were in a medical exam, the diagnosis would find the patient in da...
Article / 1 month ago
Property Catastrophe Reinsurers Show Greater Risk Appetites as Price Hikes Continue
Reinsurers have boosted their 2022 probable maximum loss (PML) exposures as higher prices continues to attract...
Article / 2 months ago
Flood Rating 2.0 Begins Friday for Renewals, Hiking Premiums for 2 Million Homes
Starting Friday, property owners in low-lying areas across the country will see their premiums increase when t...
Article / 2 months ago
Insurers Raise Costs of Shipping Through Black Sea for Vessels Still Willing to Sail
Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring r...
Article / 3 months ago
UK Regulator to Review 'Crippling' Post-Grenfell Property Insurance Costs
Property insurers have forced "crippling costs" onto residents of apartment blocks in the aftermath of the Gre...
Article / 4 months ago
Loss Costs Outpace Increase in Premiums for U.S. P/C Industry Through Q3
Direct-premium production for the U.S. P/C industry through the third quarter 2021 improved as insurers increa...
Article / 4 months ago
M&A Insurance Rates Nearly Double After Explosion of Dealmaking During...
M&A Insurance Rates Nearly Double After Explosion of Dealmaking During Pandemic
The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an explosion of...
Article / 5 months ago