Insurers in the emirate typically buy low-attaching reinsurance....
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
Q1 Preview: Absence of bad news is not necessarily good news
Light cat losses, reserve development, and pricing trends are key topics in Q1....
Light cat losses, reserve development, and pricing trends are key topics in Q1....
Article / 4 days ago
2023 Year-End Florida Market Watch
We're pleased to present Gallagher Re's Florida Market Watch Report for 2023 year end...
We're pleased to present Gallagher Re's Florida Market Watch Report for 2023 year end...
Report / 11 days ago
Examining Split Insurance approaches for the Construction sector
In the insurance industry, a ‘soft market’ is generally described as a period of plentiful insurance capacity available to buyers; as a consequence, the terms offered by insurers are relatively generous in terms of coverage...
In the insurance industry, a ‘soft market’ is generally described as a period of plentiful insurance capacity available to buyers; as a consequence, the terms offered by insurers are relatively generous in terms of coverage...
Article / 25 days ago
$75bn+ loss needed to temper reinsurance optimism: Marsh McLennan Agency
With the reinsurance market increasingly optimistic and more capacity emerging, Marsh McLennan Agency has said that it would take a single loss event...
With the reinsurance market increasingly optimistic and more capacity emerging, Marsh McLennan Agency has said that it would take a single loss event...
Article / 29 days ago
Insider US in Full: D&O rate rebound unlikely in '24 despite expected claims severity uptick
Public D&O rates are unlikely to rebound in 2024 as the market remains extremely competitive, though sources have noted that rate reductions have started to narrow...
Public D&O rates are unlikely to rebound in 2024 as the market remains extremely competitive, though sources have noted that rate reductions have started to narrow...
Article / 29 days ago
Marsh: Transactional risk claims increased materially in 2023 as soft market conditions prevail
Marsh has reported the extent of soft market conditions in the primary-layer representations and warranties and warranty and indemnity transactional...
Marsh has reported the extent of soft market conditions in the primary-layer representations and warranties and warranty and indemnity transactional...
Article / 1 month ago
What's prompting a carrier exodus?
New report sheds light on why insurers are heading for the exit…...
New report sheds light on why insurers are heading for the exit…...
Article / 1 month ago
Florida Insurance Marketplace Review: A new, healthy marketplace or a false dawn?
Loss ratios and surplus improve for the group, but don't guarantee this is a turning point....
Loss ratios and surplus improve for the group, but don't guarantee this is a turning point....
Article / 1 month ago
March CPI: Same story, different day?
Premium inflation holds, as loss-cost inflation trends continue to moderate. In our recent notes, we analyzed the industry's 2023 statutory financial data, as well as the rate filings of 2024 thus far....
Premium inflation holds, as loss-cost inflation trends continue to moderate. In our recent notes, we analyzed the industry's 2023 statutory financial data, as well as the rate filings of 2024 thus far....
Article / 1 month ago