The Weather Company and Atmospheric G2 are forecasting that the 2024 Atlantic hurricane season could be a...
Global Reinsurers Pull Back from Natural Catastrophe Cover
Global reinsurers are cutting back on the cover they provide against medium-sized natural catastrophe risks due to investor pressure after several years of large catastrophe losses and improved profitability...
Global reinsurers are cutting back on the cover they provide against medium-sized natural catastrophe risks due to investor pressure after several years of large catastrophe losses and improved profitability...
PR / 8 months ago
Reinsurers’ Underwriting Margins to Expand by 4pp in 2023
Reinsurers’ underwriting margins are likely to expand by 4pp on average in 2023 due to significant price rises, tighter terms and conditions and the withdrawal of cover related to the war in...
Reinsurers’ underwriting margins are likely to expand by 4pp on average in 2023 due to significant price rises, tighter terms and conditions and the withdrawal of cover related to the war in...
PR / 1 year ago
Hurricane Ian Fallout Will Test Cat Bond Investor Appetite
Reinsurers facing shrinking balance sheets amid rising rates and increasingly volatile catastrophic losses have effectively utilized the insurance-linked securities (ILS) market to...
Reinsurers facing shrinking balance sheets amid rising rates and increasingly volatile catastrophic losses have effectively utilized the insurance-linked securities (ILS) market to...
PR / 2 years ago
Florida (Re)Insurers to Withstand Hurricane Ian, Specialists at Risk
Hurricane Ian, which made landfall on Florida’s Gulf Coast and has since been downgraded to a tropical storm, is expected to generate substantial economic and insured losses in affected...
Hurricane Ian, which made landfall on Florida’s Gulf Coast and has since been downgraded to a tropical storm, is expected to generate substantial economic and insured losses in affected...
PR / 2 years ago
Reinsurers Diverge on Appetite for Catastrophe Risk
Reinsurers’ appetites to offer cover for property-catastrophe risk are diverging as climate change makes weather-related losses increasingly frequent, severe and volatile...
Reinsurers’ appetites to offer cover for property-catastrophe risk are diverging as climate change makes weather-related losses increasingly frequent, severe and volatile...
Article / 2 years ago
US P/C Insurer Capital Sufficient to Withstand Hurricane Season
The sharp increase in inflation and potential for stagflation present additional challenges to U.S. property/casualty (P/C) insurers in the event of a landfalling hurricane, Fitch Ratings says...
The sharp increase in inflation and potential for stagflation present additional challenges to U.S. property/casualty (P/C) insurers in the event of a landfalling hurricane, Fitch Ratings says...
Article / 2 years ago
US P&C insurance outlook marred - Insurance Business
Find out what's causing the issues…
Find out what's causing the issues…
Article / 2 years ago
Expected Tornado Losses Not a US P/C (Re)Insurer Capital Event
The recent tornadoes across Kentucky, Arkansas, Illinois, Mississippi, Missouri and Tennessee have resulted in the tragic loss of life and were the largest catastrophic...
The recent tornadoes across Kentucky, Arkansas, Illinois, Mississippi, Missouri and Tennessee have resulted in the tragic loss of life and were the largest catastrophic...
Article / 2 years ago
North American P/C Insurers’ Profit Upside Challenged in 2022
North American property/casualty (P/C) (re)insurers’ strong premium revenue growth from rising commercial rates, reduced incurred losses tied to the coronavirus pandemic and large investment gains on...
North American property/casualty (P/C) (re)insurers’ strong premium revenue growth from rising commercial rates, reduced incurred losses tied to the coronavirus pandemic and large investment gains on...
Article / 2 years ago
U.S. Property/Casualty Insurer Profit Expansion to Slow in 2H21
Statutory earnings for U.S. property/casualty (P/C) insurers materially improved in 1H21, with better underwriting performance...
Statutory earnings for U.S. property/casualty (P/C) insurers materially improved in 1H21, with better underwriting performance...
Article / 3 years ago