A claims dispute between the US Coast Guard and insurers has sparked fear about aggregations...
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 / 20 days ago
European cedants must get on top of loss creep – or face wrath of reinsurers
The recent Italian hail and Bernd losses show some companies are relying on outdated models....
The recent Italian hail and Bernd losses show some companies are relying on outdated models....
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 / 2 months ago
US casualty insurance costs rising for multinationals
Multinational companies with US casualty exposures face higher insurance costs, as insurers and reinsurers react to persistently high loss ratios and social inflation...
Multinational companies with US casualty exposures face higher insurance costs, as insurers and reinsurers react to persistently high loss ratios and social inflation...
Article / 2 months ago
Airline Insurance Market Renewal Outlook: Q1 2024
It has been another fascinating year in the airline insurance market, with several factors combining to create a very complicated environment....
It has been another fascinating year in the airline insurance market, with several factors combining to create a very complicated environment....
Article / 3 months ago
The era of record SCS loss: the broker perspective
Alexandra Glickman, Martha Bane and Robby Kunz from Gallagher Global Brokerage underline the risk mitigation strategies that insureds and insurers...
Alexandra Glickman, Martha Bane and Robby Kunz from Gallagher Global Brokerage underline the risk mitigation strategies that insureds and insurers...
Article / 4 months ago
1.1 renewals: Five early takeaways from this year's broker commentary
The Insurer examines five key talking points from the 1.1 renewals, as highlighted by the preliminary reports from Gallagher Re, Guy Carpenter and Howden....
The Insurer examines five key talking points from the 1.1 renewals, as highlighted by the preliminary reports from Gallagher Re, Guy Carpenter and Howden....
Article / 4 months ago
Good Riddance to 2023
Natural catastrophes and hefty inflation in repair costs made 2023 a year to forget for P&C insurers. On to 2024...
Natural catastrophes and hefty inflation in repair costs made 2023 a year to forget for P&C insurers. On to 2024...
Article / 4 months ago
The year in reinsurance: From a peak hard market to casualty fears
After five years of major losses and underperformance, 2023 was a relief for the reinsurance segment, thanks to a wide correction in pricing and terms,...
After five years of major losses and underperformance, 2023 was a relief for the reinsurance segment, thanks to a wide correction in pricing and terms,...
Article / 4 months ago
January 1, 2024 Reinsurance Renewals Reflect a Motivated Market with Increasing Capital
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
PR / 4 months ago