French insurance and reinsurance carrier AXA is not renewing its property catastrophe bond for 2018, as the firm currently finds traditional reinsurance pricing more attractive and sees the costs of sponsoring cat bonds, both financially and in terms of effort, as high...www.artemis.bm
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The improved rate environment meant that specialty insurance and reinsurance player Lancashire Holdings took the opportunity to increase the amount of limit sold by third-party capital vehicle Kinesis Capital Management by roughly 30% at the renewals, according to CEO Alex Maloney...www.artemis.bm
Restrictions imposed on how insurers price usage-based insurance pricing (UBIP) are hampering innovation in the insurance industry, the Insurance Bureau of Canada (IBC) told...www.canadianunderwriter.ca
The excess and surplus (E&S) lines segment of the insurance industry continues to be the essential market for risks for which typically the standard insurance market does not offer coverage...www.guycarp.com
Our property expert predicts continuing rate increases for property insurance are muted considerably by the influx of alternative capital...www.willistowerswatson.com
While the balance sheets of clubs operating in the marine protection and indemnity (P&I) sector are generally strong, underwriting discipline will be...www.insurancejournal.com
Property insurance market seeks price increases, but abundant capital mutes widespread market firming
Property Market Update details market conditions for North American insurance buyers following 2017’s record natural catastrophe losses...
Pool Re has announced the launch of the Vulnerability Self-Assessment Tool (VSAT). This resource, aimed at medium and large businesses, will enable Pool Re member insurers to offer...