"These kinds of 'black swan' events are not actually as rare as the industry would like"...
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
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 / 8 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 / 15 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 / 16 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 / 17 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 / 21 days ago
1st View: Heading Out of the Woods
We issue this publication at key renewal periods — 1 January, 1 April and 1 July — to deliver the very first view on current market conditions in the reinsurance industry....
We issue this publication at key renewal periods — 1 January, 1 April and 1 July — to deliver the very first view on current market conditions in the reinsurance industry....
Article / 23 days ago
Baltimore bridge collapse underscores importance of insurance – Lloyd's CEO
The collapse of the Francis Scott Key Bridge in Baltimore will give the insurance industry an opportunity to demonstrate its worth, according to Lloyd's of...
The collapse of the Francis Scott Key Bridge in Baltimore will give the insurance industry an opportunity to demonstrate its worth, according to Lloyd's of...
Article / 24 days ago
Baltimore bridge collapse could become biggest single marine insurance loss ever -- Lloyd's chairman
The collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insurance loss, the chairperson...
The collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insurance loss, the chairperson...
Article / 27 days ago
When the world is riskier than ever, E&S underwriters must deliver elevated solutions
In a world that is riskier than ever, the pressure is on us as E&S underwriters to find solutions that respond to the unprecedented disruption and dislocation seen...
In a world that is riskier than ever, the pressure is on us as E&S underwriters to find solutions that respond to the unprecedented disruption and dislocation seen...
Article / 27 days ago
