While Lemonade and the other InsurTechs have stolen the headlines, the sector’s standout growth story fro...
AIG leads as E&S insurers see premiums jump YOY in Q1
AIG emerged as the largest underwriter of excess and surplus lines insurance in the U.S. in terms of direct premiums written during...
AIG emerged as the largest underwriter of excess and surplus lines insurance in the U.S. in terms of direct premiums written during...
Article / 9 days ago
Florida’s property insurers off to a rocky start in 2022
The Sunshine State has seen four insurers become insolvent since the start of the year with Southern Fidelity Insurance being the most recent.
The Sunshine State has seen four insurers become insolvent since the start of the year with Southern Fidelity Insurance being the most recent.
Article / 12 days ago
US D&O insurance industry direct written premiums see modest growth YOY in Q1
The U.S. directors and officers insurance market logged $2.69 billion in direct premiums written in the first quarter, a slight increase from $2.66 billion...
The U.S. directors and officers insurance market logged $2.69 billion in direct premiums written in the first quarter, a slight increase from $2.66 billion...
Article / 14 days ago
Markets lose ground; Florida P&C carriers secure reinsurance for coming season
Insurance companies underperformed the broader market during the holiday-shortened week ending June 3, which was modestly negative for stocks. The S&P Insurance 500 index slid 2.27% to 557.96, while the S&P 500 dropped 1.20% to 4,108.54.
Insurance companies underperformed the broader market during the holiday-shortened week ending June 3, which was modestly negative for stocks. The S&P Insurance 500 index slid 2.27% to 557.96, while the S&P 500 dropped 1.20% to 4,108.54.
Article / 26 days ago
Stocks shake losing streak; Fla. insurers up as legislature passes property bill
Insurance stocks outperformed the broader market as the S&P 500 Insurance index jumped 7.06% to 570.93 for the week ending May 27, while the S&P 500 climbed 6.58% to 4,158.27.
Insurance stocks outperformed the broader market as the S&P 500 Insurance index jumped 7.06% to 570.93 for the week ending May 27, while the S&P 500 climbed 6.58% to 4,158.27.
Article / 1 month ago
Canada Life Re climbs FY'21 reinsurer rankings; Munich Re retains top spot
Scor lost its No. 5 spot to Canada Life Reinsurance despite a modest increase in premiums written in 2021...
Scor lost its No. 5 spot to Canada Life Reinsurance despite a modest increase in premiums written in 2021...
Article / 1 month ago
Catastrophe losses drop sharply YOY in Q1 for many big US insurers
Liberty Mutual reported the largest amount of losses during the quarter at $656 million, though that was down from $1 billion in the first quarter of 2021. Allstate was next with losses of $475 million, compared to $833 million a year earlier.
Liberty Mutual reported the largest amount of losses during the quarter at $656 million, though that was down from $1 billion in the first quarter of 2021. Allstate was next with losses of $475 million, compared to $833 million a year earlier.
Article / 1 month ago
Most top E&S insurers see market shares decline in 2021; premiums rise YOY
Industrywide, E&S direct premiums rose 32.2% year over year to $62.87 billion from $47.56 billion in 2020. The direct incurred loss and DCCE ratio improved to 71.3% from 78.1% in 2020.
Industrywide, E&S direct premiums rose 32.2% year over year to $62.87 billion from $47.56 billion in 2020. The direct incurred loss and DCCE ratio improved to 71.3% from 78.1% in 2020.
Article / 1 month ago
Insurance stocks track broader market lower; Hippo CEO unhappy with share price
Insurance stocks almost mirrored the broader market as the S&P 500 Insurance index dropped 2.43% to 549.76 for the week ending May 13, while the S&P 500 slid 2.41% to 4,023.89...
Insurance stocks almost mirrored the broader market as the S&P 500 Insurance index dropped 2.43% to 549.76 for the week ending May 13, while the S&P 500 slid 2.41% to 4,023.89...
Article / 2 months ago
Cyber underwriters' premiums surge, loss ratios improve in '21
The combined direct written premiums for stand-alone policies for the companies included in this analysis jumped 92.3% to $3.15 billion in 2021 from $1.64 billion in 2020...
The combined direct written premiums for stand-alone policies for the companies included in this analysis jumped 92.3% to $3.15 billion in 2021 from $1.64 billion in 2020...
Article / 2 months ago
