In our latest update, we reflect on the Professional Indemnity Insurance market in 2023 where Insureds be...
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
Commercial insurance price hikes ease
Commercial insurance policyholders paid an average premium increase of 7% in the fourth quarter of 2023, down from 8.1% in the prior quarter, according to the Council of Insurance...
Commercial insurance policyholders paid an average premium increase of 7% in the fourth quarter of 2023, down from 8.1% in the prior quarter, according to the Council of Insurance...
Article / 2 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
Insurance Marketplace Realities 2024
Rate predictions, forecasts and market insights for 30+ lines of insurance across North America....
Rate predictions, forecasts and market insights for 30+ lines of insurance across North America....
Report / 5 months ago
Commercial insurance rates increase 3.2% in Q3: MarketScout
Commercial insurance rates rose 3.2% in aggregate during the third quarter, compared with 5% in the second quarter, according to a report Tuesday from...
Commercial insurance rates rose 3.2% in aggregate during the third quarter, compared with 5% in the second quarter, according to a report Tuesday from...
Article / 6 months ago
Adding value in a stabilising market
Looks like it was fixed between raising the ticket on the 14th and the 25th Sept. See attached examples of articles going through to the homepage rather than the correct article. In...
Looks like it was fixed between raising the ticket on the 14th and the 25th Sept. See attached examples of articles going through to the homepage rather than the correct article. In...
Article / 7 months ago
Gallagher Re 1st View: Continuing Discipline
The market has faced a continuation of the pricing and structural dynamics, as reinsurers sought to bring terms and conditions into line with those...
The market has faced a continuation of the pricing and structural dynamics, as reinsurers sought to bring terms and conditions into line with those...
Report / 10 months ago
Three Bodies Recovered in Iowa Building Collapse; Lawsuit Alleges Negligence - Claims Journal
The bodies of three men have been removed from the site of a collapsed six-story apartment...
The bodies of three men have been removed from the site of a collapsed six-story apartment...
claimsjournal.com /
Article / 11 months ago
RIMS panellists favour pairing parametrics
Parametric insurance has been greatly enabled by new data sources for indices and can be used in tandem with traditional indemnity insurance...
Parametric insurance has been greatly enabled by new data sources for indices and can be used in tandem with traditional indemnity insurance...
Article / 12 months ago
Insurer in Full: Broker and carrier messaging diverges on US commercial insurance rates as RIMS begins
Four years after RIMS 2019 in Boston heralded the sudden but prolonged phase of the US commercial insurance hard market, risk managers are gathering in Atlanta as their brokers and carriers argue their case for where the trajectory on pricing, terms and conditions should head through 2023 and beyond.
Four years after RIMS 2019 in Boston heralded the sudden but prolonged phase of the US commercial insurance hard market, risk managers are gathering in Atlanta as their brokers and carriers argue their case for where the trajectory on pricing, terms and conditions should head through 2023 and beyond.
Article / 12 months ago