Downward trends of DCC ratios are beginning to reverse, which could cause issues for long-tailed lines......
Social inflation: Defense cost analysis shows first signs of adverse trends in problematic lines
Downward trends of DCC ratios are beginning to reverse, which could cause issues for long-tailed lines....
Downward trends of DCC ratios are beginning to reverse, which could cause issues for long-tailed lines....
Article / 2 days ago
Q1 2024 Gallagher Re Natural Catastrophe and Climate Report
In this report, we summarize the global loss totals for the first quarter and focus on key issues driving current industry discussions regarding natural catastrophe and climate risk....
In this report, we summarize the global loss totals for the first quarter and focus on key issues driving current industry discussions regarding natural catastrophe and climate risk....
Report / 8 days ago
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 / 9 days ago
Global insured losses from natural catastrophes in Q1 2024 estimated at $20 billion
Q1 2024 financial costs from natural catastrophes were ‘manageable’...
Q1 2024 financial costs from natural catastrophes were ‘manageable’...
PR / 9 days ago
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 / 10 days ago
Insurer in Full: Reinsurance market finds stability after four years of hardening
Florida’s Citizens and its broker Gallagher Re have gone out to the traditional reinsurance market this week with the submission for its newly combined personal lines account, commercial lines account and coastal account placement...
Florida’s Citizens and its broker Gallagher Re have gone out to the traditional reinsurance market this week with the submission for its newly combined personal lines account, commercial lines account and coastal account placement...
Article / 16 days ago
California Homeowners Face Billions in Property Loss from Climate-Related Insurance Non-Renewals - Insure Our Future US
The ‘Dirty Dozen’ insurers—that restricted coverage in California citing climate risks—have $113B of investments in and $3.6B of underwriting income from fossil fuels...
The ‘Dirty Dozen’ insurers—that restricted coverage in California citing climate risks—have $113B of investments in and $3.6B of underwriting income from fossil fuels...
us.insure-our-future.com /
Article / 17 days ago
Unchanged rates gaining more acceptance at April 1 commercial property renewals
Compared to March, more sources shared accounts of rate declines and oversubscription....
Compared to March, more sources shared accounts of rate declines and oversubscription....
Article / 18 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 / 21 days ago
Property Market Update Q1 2024
The treaty reinsurance market at 1.1.24 has been far more orderly than in the prior year...
The treaty reinsurance market at 1.1.24 has been far more orderly than in the prior year...
Article / 22 days ago
