Mergers and acquisitions among insurance brokers and agents declined 18% in the first quarter, falling to...
Marsh McLennan sees rate hikes slowing; reports revenue growth
Insurance rate increases slowed in the first quarter in several major lines, and prices fell for some specialty coverages, executives at Marsh & McLennan Cos. Inc. said Thursday...
Insurance rate increases slowed in the first quarter in several major lines, and prices fell for some specialty coverages, executives at Marsh & McLennan Cos. Inc. said Thursday...
Article / 9 days ago
Commercial insurance average rate hikes slow in Q1: MarketScout
Commercial insurance rates rose an average of 3.9% in the first quarter of 2024, compared with 5.6% in fourth-quarter 2023, according to data from...
Commercial insurance rates rose an average of 3.9% in the first quarter of 2024, compared with 5.6% in fourth-quarter 2023, according to data from...
Article / 20 days ago
Baltimore incident likely to drive up marine insurance rates
Assuming the loss is significant, the likely outcome is “an increase in pricing,” said Marcus Baker, global head of marine, cargo, and logistics for Marsh LLC in London.....
Assuming the loss is significant, the likely outcome is “an increase in pricing,” said Marcus Baker, global head of marine, cargo, and logistics for Marsh LLC in London.....
Article / 25 days ago
Commercial insurance price hikes ease
Commercial insurance policyholders paid an average premium increase of 7% in the fourth quarter of 2023, down from 8.1% in the prior quarter, according to the Council of Insurance...
Commercial insurance policyholders paid an average premium increase of 7% in the fourth quarter of 2023, down from 8.1% in the prior quarter, according to the Council of Insurance...
Article / 2 months ago
Perspectives: What the best cyber brokers do to help their clients
As outside insurance, risk management and coverage counsel for companies that run the gamut from small start-ups to Fortune 100 global...
As outside insurance, risk management and coverage counsel for companies that run the gamut from small start-ups to Fortune 100 global...
Article / 2 months ago
Research & Rankings: Cyber insurance
Cyber stats and data from the Business Insurance team...
Cyber stats and data from the Business Insurance team...
Article / 2 months ago
Truist Insurance sale may signal more big deals
Truist Financial Corp.'s pending sale of its insurance business to private-equity investors was widely anticipated and, coming on the heels of Aon PLC's proposed acquisition of NFP Corp., could...
Truist Financial Corp.'s pending sale of its insurance business to private-equity investors was widely anticipated and, coming on the heels of Aon PLC's proposed acquisition of NFP Corp., could...
Article / 2 months ago
Rate increases accelerate in several insurance lines
Insurance premium renewal rates accelerated in several major lines of commercial insurance coverage in November, but the pace of increases eased in property, according to Ivans Insurance...
Insurance premium renewal rates accelerated in several major lines of commercial insurance coverage in November, but the pace of increases eased in property, according to Ivans Insurance...
Article / 5 months ago
Reinsurance rate hikes expected to moderate
Jan. 1, 2024, reinsurance renewals look set to be less contentious and economically painful for cedents than last year, with ample property and property catastrophe capacity available...
Jan. 1, 2024, reinsurance renewals look set to be less contentious and economically painful for cedents than last year, with ample property and property catastrophe capacity available...
Article / 6 months ago
Aviation war insurers cancel some cover for Israel, Lebanon
Aviation war insurers have given notice to cancel cover for some airlines domiciled in Israel and Lebanon because of the conflict in the region...
Aviation war insurers have given notice to cancel cover for some airlines domiciled in Israel and Lebanon because of the conflict in the region...
Article / 6 months ago
