Hard market conditions intensify in commercial property amid new capacity dearth
Hard market conditions of rate hikes coupled with tightening terms have intensified for June 1 renewals in commercial property, as carriers prevail...
Hard market conditions of rate hikes coupled with tightening terms have intensified for June 1 renewals in commercial property, as carriers prevail...
Article / 2 hours ago
Aon's Dittman: Reinsurer appetite up at 1.6 as FL rates increase 25-35%
Aon's head of Florida strategy Chris Dittman has described the key 1.6 renewal in the Sunshine State as “orderly”, with reinsurer appetite up and rate increases...
Aon's head of Florida strategy Chris Dittman has described the key 1.6 renewal in the Sunshine State as “orderly”, with reinsurer appetite up and rate increases...
Video / 2 hours ago
Palomar completes reinsurance renewal, includes $875m of multi-year ILS capacity
Palomar Insurance Holdings has purchased a reinsurance tower extending to $2.68 billion for earthquake events, with multi-year ILS capacity from...
Palomar Insurance Holdings has purchased a reinsurance tower extending to $2.68 billion for earthquake events, with multi-year ILS capacity from...
Article / 22 hours ago
‘No end in sight' for property D&F rate hikes ahead of 1.6 renewals
The London property direct and facultative (D&F) market is still seeing huge rate increases ahead of the key 1 June renewal date, creating “the hardest market many of us have ever seen,” sources...
The London property direct and facultative (D&F) market is still seeing huge rate increases ahead of the key 1 June renewal date, creating “the hardest market many of us have ever seen,” sources...
Article / 24 hours ago
Universal buys reinsurance for $2.831bn first event. Nephila again a key market
Universal Insurance Holdings, Inc. has purchased first-event catastrophe reinsurance coverage of up to $2.831 billion, citing no significant change...
Universal Insurance Holdings, Inc. has purchased first-event catastrophe reinsurance coverage of up to $2.831 billion, citing no significant change...
Article / 24 hours ago
Fla. litigation reforms help curb reinsurance shortage at June 1 renewals
Legal reforms in Florida aimed at curbing claims litigation prevented reinsurers from pulling more property-catastrophe coverage from the market at the upcoming...
Legal reforms in Florida aimed at curbing claims litigation prevented reinsurers from pulling more property-catastrophe coverage from the market at the upcoming...
Article / 1 day ago
Mid-year renewals: Retrocession capacity seen as more abundant than at 1/1
At the mid-year reinsurance renewals our market sources are suggesting that availability of retrocession is far better than was seen at 1/1, with...
At the mid-year reinsurance renewals our market sources are suggesting that availability of retrocession is far better than was seen at 1/1, with...
Article / 2 days ago
Downstream shows signs of deceleration as big limits renew at 1.6 and 1.7
The downstream energy market is showing signs of pricing deceleration as it moves towards key 1 June and 1 July renewals, with appetite to participate...
The downstream energy market is showing signs of pricing deceleration as it moves towards key 1 June and 1 July renewals, with appetite to participate...
Article / 2 days ago
Guy Carpenter's Randy Fuller Sees Positive Trends in Florida Renewals
In this article in The Insurer , Guy Carpenter's Randy Fuller, Florida Segment Leader, indicated during an A.M....
In this article in The Insurer , Guy Carpenter's Randy Fuller, Florida Segment Leader, indicated during an A.M....
Article / 3 days ago
Allstate Florida FOTs reissued at 10-15% lower pricing in oversubscribed renewal
Allstate and its broker Aon returned to the market late in the renewal with a new set of firm order terms (FOT) for its Florida carrier at pricing...
Allstate and its broker Aon returned to the market late in the renewal with a new set of firm order terms (FOT) for its Florida carrier at pricing...
Article / 3 days ago
