An NFP Corp. unit Wednesday sued Alliant Insurance Services Inc. alleging the rival brokerage poached 19 ...
Lloyd's Neal: Baltimore bridge “could be biggest marine industry loss”
The marine market could be facing its “biggest industry loss” to date in the wake of the Baltimore bridge incident, according to Lloyd's CEO John Neal, with early estimates...
The marine market could be facing its “biggest industry loss” to date in the wake of the Baltimore bridge incident, according to Lloyd's CEO John Neal, with early estimates...
Video / 17 days ago
Crawford's Van Bakel: Weather-related insured claims topping $100bn “the new norm”
Last year was an “unprecedented year” in which nearly the entire North American continent was “blanketed with smoke from wildfire”, Crawford & Company's...
Last year was an “unprecedented year” in which nearly the entire North American continent was “blanketed with smoke from wildfire”, Crawford & Company's...
Video / 2 months ago
Beazley's Hardy: Rising Cat Losses Are Driving Coverage Into Non-Admitted Market - AM Best
Alex Hardy, head of delegated property, Beazley, said rising reinsurance costs and other factors are spurring some coverages...
Alex Hardy, head of delegated property, Beazley, said rising reinsurance costs and other factors are spurring some coverages...
Video / 5 months ago
Moody's RMS' Rahnama: 2020-2030 nat cat losses to nudge ~$2trn - Insurer TV
Losses from natural catastrophes are expected to total $1.5trn-$2trn in the decade to 2030, according to Moody's RMS, with chief risk modelling officer and executive...
Losses from natural catastrophes are expected to total $1.5trn-$2trn in the decade to 2030, according to Moody's RMS, with chief risk modelling officer and executive...
Video / 7 months ago
The BI Interview with Christa Coletti of BMS Re - Business Insurance
Christa Coletti, EVP and branch manager, P&C, for BMS Re US, sees a challenging reinsurance renewal season ahead as insurers and reinsurers continue to face claims inflation, climate change and big verdicts.
Christa Coletti, EVP and branch manager, P&C, for BMS Re US, sees a challenging reinsurance renewal season ahead as insurers and reinsurers continue to face claims inflation, climate change and big verdicts.
Video / 8 months ago
Gallagher Re's Bowen: $140bn cat loss year shows “extremes are getting more extreme” - Insurer TV
Insured natural catastrophe losses of $140bn in 2022 further highlight the need to educate and better communicate the risks posed by...
Insured natural catastrophe losses of $140bn in 2022 further highlight the need to educate and better communicate the risks posed by...
Video / 1 year ago
KCC’s Clark: Climate change means more $20bn-$40bn industry loss events
Karen Clark has said that while scientific consensus has determined climate change is not impacting hurricane frequency, it is driving severity higher and that the...
Karen Clark has said that while scientific consensus has determined climate change is not impacting hurricane frequency, it is driving severity higher and that the...
Video / 1 year ago
Gallagher Re’s Bowen: Ian’s “surprising” storm surge and expansive wind damage to drive high loss costs - Insurer TV
While wind damage will be the costliest component of Hurricane Ian, storm surge losses will also be significant given the system's intensification and growing size as it made landfall in Florida...
While wind damage will be the costliest component of Hurricane Ian, storm surge losses will also be significant given the system's intensification and growing size as it made landfall in Florida...
Video / 2 years ago
Gallagher's Bane: Florida commercial property buyers facing capacity shortage in 2023 - Insurer TV
Florida-based commercial property insurance buyers were already set for a tough 2023 before Hurricane Ian hit, with Arthur J Gallagher's Martha Bane...
Florida-based commercial property insurance buyers were already set for a tough 2023 before Hurricane Ian hit, with Arthur J Gallagher's Martha Bane...
Video / 2 years ago
RMS' Waters: Ian claims picture may take years to settle amid uncertainty over litigation impacts - The Insurer TV
The claims picture from Hurricane Ian will likely take years to settle, RMS' model product manager Jeff Waters has warned, with...
The claims picture from Hurricane Ian will likely take years to settle, RMS' model product manager Jeff Waters has warned, with...
Video / 2 years ago
