Florida, reinsurers and what comes next for the sunshine state...
Allstate Reports $731M in Q1 Pretax Catastrophe Losses
Allstate Corporation estimated pretax catastrophe losses of $731 million, with $328 million from the month of March....
Allstate Corporation estimated pretax catastrophe losses of $731 million, with $328 million from the month of March....
Article / 5 days ago
Florida overtakes California as largest surplus lines state in Q1
Surplus lines premium volume in California fell by 0.1 percent in Q1 2024, while growth in Florida's market meant the Sunshine State overtook its...
Surplus lines premium volume in California fell by 0.1 percent in Q1 2024, while growth in Florida's market meant the Sunshine State overtook its...
Article / 20 days ago
Hotel California: Is it a lovely place for homeowners insurance?
Headwinds weigh on carrier results, but premiums and surplus remain mostly stable...
Headwinds weigh on carrier results, but premiums and surplus remain mostly stable...
Article / 1 month ago
Florida property insurers post income turnaround in 2023
Florida domestic residential property insurers' income in 2023 moved into positive territory for the first time in seven years....
Florida domestic residential property insurers' income in 2023 moved into positive territory for the first time in seven years....
Article / 1 month ago
QBE's main cat reinsurance tower shrinks, aggregate cover restructured at renewal
QBE has revealed details of its reinsurance renewal alongside its results this morning, with significant changes evident as the main catastrophe
QBE has revealed details of its reinsurance renewal alongside its results this morning, with significant changes evident as the main catastrophe
Article / 2 months ago
What's driving an E&S property boom?
The non-admitted insurance market is experiencing a property premium boom, and natural catastrophe exposed states are leading the charge but are by no means the only...
The non-admitted insurance market is experiencing a property premium boom, and natural catastrophe exposed states are leading the charge but are by no means the only...
Article / 2 months ago
Everest continues to expand in property lines, sees cat pricing up over 45%
Bermuda-based Everest Group's Q4 2023 results show that the re/insurer continued to expand in property catastrophe risks in the hard market environment,
Bermuda-based Everest Group's Q4 2023 results show that the re/insurer continued to expand in property catastrophe risks in the hard market environment,
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
Lighter Q4 catastrophe loss slows Allstate cat bond annual aggregate erosion
US primary insurer Allstate has reported a much lighter catastrophe loss burden for the fourth-quarter of 2023, which has served to slow down what was...
US primary insurer Allstate has reported a much lighter catastrophe loss burden for the fourth-quarter of 2023, which has served to slow down what was...
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 / 3 months ago