The German reinsurer Munich Re on Wednesday posted a 68% rise in the first quarter net profit, a level th...
WTW's Drummond: NA clients “trading largely in a buyer's market” with prevalent capacity
Commenting on the release of WTW's latest forecasts for North America commercial insurance rate changes, Jon Drummond has suggested that it is now “a...
Commenting on the release of WTW's latest forecasts for North America commercial insurance rate changes, Jon Drummond has suggested that it is now “a...
Article / 2 days ago
Non-renewals in excess casualty led to E&S GPW decline: James River CEO
During Q1, the firm’s E&S GPW dropped 6.6% to $213.7mn...
During Q1, the firm’s E&S GPW dropped 6.6% to $213.7mn...
Article / 3 days ago
Revisiting the 2023 annual report reserve triangles
Some carriers may be pressing too hard on reserve releases from recent years....
Some carriers may be pressing too hard on reserve releases from recent years....
Article / 2 months ago
State Farm Underwriting Loss Climbs to $14B
When State Farm reported a $13 billion underwriting loss for 2022, it was the largest in the auto insurance giant’s history....
When State Farm reported a $13 billion underwriting loss for 2022, it was the largest in the auto insurance giant’s history....
Article / 2 months ago
Study: Autonomous Truck Market Surging
The demand for autonomous trucks is estimated to increase from $3.3 billion in 2023 to reach $6.9 billion by 2028, according to a new study by BCC Research.
The demand for autonomous trucks is estimated to increase from $3.3 billion in 2023 to reach $6.9 billion by 2028, according to a new study by BCC Research.
Article / 3 months ago
Q4 earnings analysis: Caution prevails in US liability insurance
The drivers are not surprising, but the extent of development is, execs said....
The drivers are not surprising, but the extent of development is, execs said....
Article / 3 months ago
Insider US in Full: Q4 earnings preview: Could this be a kitchen sink quarter?
In our 2024 outlook, we discussed the likelihood of additional reserve development for AY 2015-2019 in the commercial lines segment...
In our 2024 outlook, we discussed the likelihood of additional reserve development for AY 2015-2019 in the commercial lines segment...
Article / 4 months ago
UK insurers tumble on report of regulator comments on premium finance - Reuters
Shares in UK insurers fell on Wednesday, with traders pointing to an article in the Insurance Post that quoted the Financial Conduct Authority’s Head of Insurance Matt Brewis...
Shares in UK insurers fell on Wednesday, with traders pointing to an article in the Insurance Post that quoted the Financial Conduct Authority’s Head of Insurance Matt Brewis...
reuters.com /
Article / 4 months ago
GlobalData: China's insurance market poised for new highs
Motor expected to dominate...
Motor expected to dominate...
Article / 5 months ago
UK motor insurers expect 2023 to be worst performing year since 2010
EY’s UK Motor Insurance Results reveals a net combined ratio (NCR) of 114.6% is now forecast for motor insurers in 2023 – up from 108.5% forecast in June.
EY’s UK Motor Insurance Results reveals a net combined ratio (NCR) of 114.6% is now forecast for motor insurers in 2023 – up from 108.5% forecast in June.
Article / 5 months ago