Property - North America
Property - North America
News, insights and thought leadership for re/insurance professionals with an interest in North American property.

Global property insurers see 'alarming' losses as risk models lag, report says - Reuters

Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
reuters.com / Article / 21 days ago
Reinsurance Market Dynamics: April 2024

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 / 22 days ago

More capacity available in the reinsurance market at 4/1 renewal: Gallagher Re

Last year’s redistribution of risk between primary and secondary markets in the property catastrophe and specialty sectors has enhanced the financial outlook for reinsurers...
Last year’s redistribution of risk between primary and secondary markets in the property catastrophe and specialty sectors has enhanced the financial outlook for reinsurers...
PR / 1 month ago

Bridge collapse could spur waves of coverage litigation

Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Article / 1 month ago

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