In this report, we summarize the global loss totals for the first quarter and focus on key issues driving...
Global insured losses from natural catastrophes in Q1 2024 estimated at $20 billion
Q1 2024 financial costs from natural catastrophes were ‘manageable’...
Q1 2024 financial costs from natural catastrophes were ‘manageable’...
PR / 3 days ago
More capacity available in the reinsurance market at 4/1 renewal: Gallagher Re
Last year’s redistribution of risk between primary and secondary markets in the property catastrophe and specialty sectors has enhanced the financial outlook for reinsurers...
Last year’s redistribution of risk between primary and secondary markets in the property catastrophe and specialty sectors has enhanced the financial outlook for reinsurers...
PR / 15 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 / 1 month ago
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 / 3 months 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 / 3 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 / 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 / 4 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 / 4 months ago
Challenges and Opportunities in the Commercial Insurance Marketplace: A Year in Review and the Road Ahead
According to the latest Insurance Marketplace Realities report from WTW inflation continues to impact commercial insurance rates...
According to the latest Insurance Marketplace Realities report from WTW inflation continues to impact commercial insurance rates...
PR / 5 months ago
Moody’s FL Case Study-Hurricane Adaptation Efforts Can Reduce Home Damage Costs Up to 10X
Given the increasingly costly nature of physical climate risks in urban centers, adaptation measures that help lower the built environment’s susceptibility to hazard-based damages...
Given the increasingly costly nature of physical climate risks in urban centers, adaptation measures that help lower the built environment’s susceptibility to hazard-based damages...
PR / 6 months ago
