While Lemonade and the other InsurTechs have stolen the headlines, the sector’s standout growth story fro...
US P/C Commercial Lines See Pricing, Underwriting Improvement
The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised for favorable underwriting gains in 2022, barring outsized natural catastrophe losses...
The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised for favorable underwriting gains in 2022, barring outsized natural catastrophe losses...
Article / 1 month ago
Commercial insurance prices up 11% in Q1 - IB
Global commercial insurance prices rose 11% in the first quarter, according to Marsh’s Global Insurance Market Index...
Global commercial insurance prices rose 11% in the first quarter, according to Marsh’s Global Insurance Market Index...
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Article / 2 months ago
Marsh: US commercial insurance rate increases decelerate to 12% in Q1
Insurance pricing increased by 12 percent in the US in the first quarter of 2022, a modest deceleration from increases of 14 percent in the prior quarter...
Insurance pricing increased by 12 percent in the US in the first quarter of 2022, a modest deceleration from increases of 14 percent in the prior quarter...
Article / 2 months ago
Commercial Pricing, Auto Results Support US P/C Insurer 2022 Profits
Continued favorable commercial lines pricing and stabilization in personal auto results will lead to 2022 underwriting and profit improvement for U.S...
Continued favorable commercial lines pricing and stabilization in personal auto results will lead to 2022 underwriting and profit improvement for U.S...
Article / 3 months ago
Lloyd’s results: Casualty remains only unprofitable insurance class in 2021
Casualty insurance was the only segment of the Lloyd's market to remain in the red in 2021, with underwriters of the class...
Casualty insurance was the only segment of the Lloyd's market to remain in the red in 2021, with underwriters of the class...
Article / 3 months ago
Hannover Re benefits from significant retrocession relief in 2021
German reinsurer Hannover Re booked gross losses from natural and man-made losses of approximately €2.65 billion in 2021, but its...
German reinsurer Hannover Re booked gross losses from natural and man-made losses of approximately €2.65 billion in 2021, but its...
Article / 4 months ago
James River Q4: Is the franchise vulnerable to activist investors?
Yesterday, James River, in conjunction with its earnings, reported a larger than anticipated reserve charge in its Casualty Reinsurance segment...
Yesterday, James River, in conjunction with its earnings, reported a larger than anticipated reserve charge in its Casualty Reinsurance segment...
Article / 4 months ago
James River seals $335mn casualty re LPT retro deal with Fortitude Re in Q4
James River Group’s reinsurance unit JRG Reinsurance has entered a loss portfolio transfer (LPT) agreement with Fortitude Re to reinsure...
James River Group’s reinsurance unit JRG Reinsurance has entered a loss portfolio transfer (LPT) agreement with Fortitude Re to reinsure...
Article / 4 months ago
U.S. P/C Industry Grew Surplus Despite Underwriting Loss in 2021
Insurance rating agency AM Best said it expects the U.S. property/casualty insurance industry to record an increase in surplus in 2021 thanks to investment income and capital gains...
Insurance rating agency AM Best said it expects the U.S. property/casualty insurance industry to record an increase in surplus in 2021 thanks to investment income and capital gains...
Article / 4 months ago
U.S. Surplus Lines Premium Up 22% in 2021
Surplus lines premium increased 22% and transactions rebounded almost 6.6% over their 2020 totals in the 15 states with designated surplus lines stamping...
Surplus lines premium increased 22% and transactions rebounded almost 6.6% over their 2020 totals in the 15 states with designated surplus lines stamping...
Article / 5 months ago