Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased co...
Global property insurers see 'alarming' losses as risk models lag, report says - Reuters
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
reuters.com /
Article / 3 days ago
Reinsurance Market Dynamics: April 2024
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased competition for catastrophe reinsurance led to improved outcomes for the majority of insurers.
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased competition for catastrophe reinsurance led to improved outcomes for the majority of insurers.
Report / 4 days ago
More capacity available in the reinsurance market at 4/1 renewal: Gallagher Re
Last year’s redistribution of risk between primary and secondary markets in the property catastrophe and specialty sectors has enhanced the financial outlook for reinsurers...
Last year’s redistribution of risk between primary and secondary markets in the property catastrophe and specialty sectors has enhanced the financial outlook for reinsurers...
PR / 15 days ago
Bridge collapse could spur waves of coverage litigation
Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Article / 18 days ago
1st View: Heading Out of the Woods
We issue this publication at key renewal periods — 1 January, 1 April and 1 July — to deliver the very first view on current market conditions in the reinsurance industry....
We issue this publication at key renewal periods — 1 January, 1 April and 1 July — to deliver the very first view on current market conditions in the reinsurance industry....
Article / 18 days ago
Baltimore bridge disaster: Insurers and lawyers leap into action after ‘largest single incident in recent times' - TradeWinds
Sources tell TradeWinds thousands of interested parties will be looking for someone to...
Sources tell TradeWinds thousands of interested parties will be looking for someone to...
tradewindsnews.com /
Article / 24 days ago
Xcel Energy says it appeared to have role in igniting largest Texas wildfire - AP News
Utility provider Xcel Energy says its facilities appeared to have a role in igniting the largest wildfire in Texas history...
Utility provider Xcel Energy says its facilities appeared to have a role in igniting the largest wildfire in Texas history...
apnews.com /
Article / 1 month ago
U.S. commercial insurance prices showed an aggregate increase above 6%
WTW’s 2023 Q4 Commercial Lines Insurance Pricing Survey again indicates moderate to significant upward price adjustments for multiple lines.
WTW’s 2023 Q4 Commercial Lines Insurance Pricing Survey again indicates moderate to significant upward price adjustments for multiple lines.
PR / 1 month ago
Batteries on borrowed time
Why aren't we talking about managing the risks around e-micromobility rentals and Lithium-Ion battery returns?...
Why aren't we talking about managing the risks around e-micromobility rentals and Lithium-Ion battery returns?...
Article / 1 month ago
Axis taking corrective action on NA primary casualty book
Axis is taking actions on its North American primary casualty portfolio as part of a reassessment of its underwriting appetite that will include...
Axis is taking actions on its North American primary casualty portfolio as part of a reassessment of its underwriting appetite that will include...
Article / 1 month ago
