The total cost of a Baltimore bridge collapse and associated claims could run into the billions of dollar...
BMS Tropical Update - Early Season Atlantic Basin Outlook
No Dramatic Headline Needed By now, you might have seen some eye-opening media headlines about the upcoming hurricane season: “Long-range...
No Dramatic Headline Needed By now, you might have seen some eye-opening media headlines about the upcoming hurricane season: “Long-range...
PR / 8 days ago
Brit appoints David Cary as Deputy Head of Property Treaty for Bermuda
David brings nearly 20 years’ experience in the reinsurance sector....
David brings nearly 20 years’ experience in the reinsurance sector....
PR / 10 days ago
U.S. commercial insurance prices showed an aggregate increase above 6%
WTW’s 2023 Q4 Commercial Lines Insurance Pricing Survey again indicates moderate to significant upward price adjustments for multiple lines.
WTW’s 2023 Q4 Commercial Lines Insurance Pricing Survey again indicates moderate to significant upward price adjustments for multiple lines.
PR / 21 days ago
The New Normal: $100 Billion in Insured Nat Cat Damages
For the fourth consecutive year 2023 saw a global insured loss exceeding US$100 billion, however with a total economic loss surpassing US$350 billion...
For the fourth consecutive year 2023 saw a global insured loss exceeding US$100 billion, however with a total economic loss surpassing US$350 billion...
PR / 2 months ago
Number of Billion-Dollar Disasters in 2023 Highest on Record
Insured losses reached $118 billion, with a protection gap of 69 percent...
Insured losses reached $118 billion, with a protection gap of 69 percent...
PR / 2 months ago
Global Insured Losses from Natural Catastrophes Reached $123 Billion in 2023
Fourth consecutive year global insured losses exceed $100 billion...
Fourth consecutive year global insured losses exceed $100 billion...
PR / 2 months ago
Lloyd’s announces first 144A catastrophe bond on London Bridge
Beazley is the sponsor of the US$100m transaction, on behalf of its Lloyd’s syndicates (623, 2623 and 3623), its North American insurance company (Beazley Excess and Surplus Inc.) and European carrier (Beazley Insurance DAC)...
Beazley is the sponsor of the US$100m transaction, on behalf of its Lloyd’s syndicates (623, 2623 and 3623), its North American insurance company (Beazley Excess and Surplus Inc.) and European carrier (Beazley Insurance DAC)...
PR / 3 months ago
Guy Carpenter Global ROL Index increased by an estimated 5.4% year-on-year.
Notable regional calculations include the US index increasing by 5.25% and Europe slightly higher at 7.6%...
Notable regional calculations include the US index increasing by 5.25% and Europe slightly higher at 7.6%...
PR / 3 months ago
Reinsurance market returns to more stability and predictability at 1/1 renewal
The global reinsurance market returned to a more stable and predictable renewal at 1/1, driven by a healthier property reinsurance market...
The global reinsurance market returned to a more stable and predictable renewal at 1/1, driven by a healthier property reinsurance market...
PR / 3 months ago
January 1, 2024 Reinsurance Renewals Reflect a Motivated Market with Increasing Capital
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
PR / 3 months ago