PwC has refuted the “false allegations” made in an anonymous letter that surfaced on social media, accusi...
India, Middle East, and Africa rates dip in all major product lines
Insurance rates in the first quarter of 2024 declined 2% in the IMEA region, where rates for large and complex organizations are often driven or influenced by the reinsurance market...
Insurance rates in the first quarter of 2024 declined 2% in the IMEA region, where rates for large and complex organizations are often driven or influenced by the reinsurance market...
Article / 2 days ago
Construction Professional Indemnity Market Update H1 2024
The construction professional indemnity market has largely stabilised with many insurers showing a strong desire to maintain market share, although...
The construction professional indemnity market has largely stabilised with many insurers showing a strong desire to maintain market share, although...
Article / 4 days ago
H1 2024 - Asset Manager Market Update – GB & NA
A market update focussed on asset managers and D&O/E&O insurance...
A market update focussed on asset managers and D&O/E&O insurance...
Article / 9 days ago
Professional Indemnity Market Update
In our latest update, we reflect on the Professional Indemnity Insurance market in 2023 where Insureds benefited from increased competition, and...
In our latest update, we reflect on the Professional Indemnity Insurance market in 2023 where Insureds benefited from increased competition, and...
Article / 28 days ago
Softer times ahead for London construction insurance market
Risk managers in the construction sector can expect a less stressful time at coming renewals in the London market, according to broker Miller. Miller’s London construction sector experts have provided...
Risk managers in the construction sector can expect a less stressful time at coming renewals in the London market, according to broker Miller. Miller’s London construction sector experts have provided...
Article / 29 days ago
What Industry Executives Are Saying About Loss Reserves and Social Inflation
At carriers and reinsurers that announced reserve loss charges taken during fourth-quarter 2023, and even at some that did not, executives discussed the...
At carriers and reinsurers that announced reserve loss charges taken during fourth-quarter 2023, and even at some that did not, executives discussed the...
Article / 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 / 4 months ago
Insurance rates hikes likely to moderate in 2024: Alera
Commercial insurance buyers will likely see price increases for several lines of coverage next year, but with a stabilized reinsurance market and more capacity coming online, the hikes should be more...
Commercial insurance buyers will likely see price increases for several lines of coverage next year, but with a stabilized reinsurance market and more capacity coming online, the hikes should be more...
Article / 4 months ago
Pacific: Financial and professional lines continue to drive overall pricing moderation
Insurance pricing in the Pacific region increased 1% in the third quarter of 2023, compared to 2% in the prior quarter, according to the latest Marsh Global...
Insurance pricing in the Pacific region increased 1% in the third quarter of 2023, compared to 2% in the prior quarter, according to the latest Marsh Global...
Article / 6 months ago