The total cost of a Baltimore bridge collapse and associated claims could run into the billions of dollar...
Delicate Balancing Act for North American Insurers in 2024
With recession at bay and inflation cooling, North American insurers will balance growth opportunities while weathering potential impediments to growth this year, according to Fitch Ratings...
With recession at bay and inflation cooling, North American insurers will balance growth opportunities while weathering potential impediments to growth this year, according to Fitch Ratings...
PR / 2 months ago
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 / 7 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
Higher Prices, Yields Portend Stabilized 2023 P/C Insurance Results
U.S. property/casualty (p/c) insurers should see stabilizing to modestly better industry operating performance in 2023, supported by commercial and personal...
U.S. property/casualty (p/c) insurers should see stabilizing to modestly better industry operating performance in 2023, supported by commercial and personal...
PR / 1 year ago
US P/C Commercial Lines See Pricing, Underwriting Improvement
The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised for favorable underwriting gains in 2022, barring outsized natural catastrophe losses...
The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised for favorable underwriting gains in 2022, barring outsized natural catastrophe losses...
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
US P/C Insurance Underwriting Results Poised to Improve in 2021
U.S. property/casualty (P/C) insurers maintained a modest underwriting profit in 2020 despite substantial catastrophe losses...
U.S. property/casualty (P/C) insurers maintained a modest underwriting profit in 2020 despite substantial catastrophe losses...
Article / 3 years ago
Bermuda (Re)insurer Results Supported by Hardening Market in 2021
The U.S. property/casualty (P/C) insurance and global reinsurance markets, including Bermuda (re)insurers...
The U.S. property/casualty (P/C) insurance and global reinsurance markets, including Bermuda (re)insurers...
Article / 3 years ago
Accumulation of Catastrophe Losses Expected to Weigh on P/C Results
The U.S. P/C industry's reported 3Q20 natural catastrophe losses will be the largest since 3Q17, driven by an elevated frequency...
The U.S. P/C industry's reported 3Q20 natural catastrophe losses will be the largest since 3Q17, driven by an elevated frequency...
Article / 3 years ago
P/C Insurer 2H20 Results at Risk from Pandemic, Catastrophe Losses
Financial results for U.S. property/casualty insurers (P/C) in 2H20 will continue to be adversely impacted by pandemic-related insured losses and premium volume declines amid the economic recovery...
Financial results for U.S. property/casualty insurers (P/C) in 2H20 will continue to be adversely impacted by pandemic-related insured losses and premium volume declines amid the economic recovery...
Article / 3 years ago