More insureds are recognizing they could become the victims of a cyberattack as insurers adjust their pri...
PV rates rise up to 50% as class enters ‘first true hard market’
Rates in the political violence (PV) class are hardening across the board, triggered by the outbreak of the war in Ukraine, with rates in more capricious locations rising by as much as 50%...
Rates in the political violence (PV) class are hardening across the board, triggered by the outbreak of the war in Ukraine, with rates in more capricious locations rising by as much as 50%...
Article / 23 hours ago
Economic factors sustain reinsurance hardening trend at 1.7: Gallagher Re 1st View
During a 1 July reinsurance renewal shaped by the economic pressures on reinsurers and cedants, nearly all buyers were able to secure cover.
During a 1 July reinsurance renewal shaped by the economic pressures on reinsurers and cedants, nearly all buyers were able to secure cover.
PR / 1 day ago
Gallagher Re 1st View: Changing Environment 1 July 2022
Issued three times a year, this publication delivers the very first view on current market conditions within the reinsurance industry at the key renewal seasons: 1 January, 1 April and 1 July.
Issued three times a year, this publication delivers the very first view on current market conditions within the reinsurance industry at the key renewal seasons: 1 January, 1 April and 1 July.
Report / 1 day ago
Insurer Differentiation Key to Positive Outcomes at Reinsurance Renewals
Aon has launched its Reinsurance Market Dynamics report, which analyses the macroeconomic and industry trends seen during the June 1 and July 1 reinsurance renewals...
Aon has launched its Reinsurance Market Dynamics report, which analyses the macroeconomic and industry trends seen during the June 1 and July 1 reinsurance renewals...
PR / 1 day ago
Rates rise across LatAm with Caribbean facing cat cover cost hike amid late 1/7 renewal
Catastrophe reinsurance pricing across Latin America and the Caribbean has trended up across the board at 1 July amid a global capacity crunch and expectations that some programs will not be completed in time with negotiations continuing past tomorrow's official renewal date.
Catastrophe reinsurance pricing across Latin America and the Caribbean has trended up across the board at 1 July amid a global capacity crunch and expectations that some programs will not be completed in time with negotiations continuing past tomorrow's official renewal date.
Article / 1 day ago
1.7: Increased demand and reduced supply puts cat reinsurance market at tipping point
The current mid-year renewal has been described as the most challenging ever in loss-struck territories like the Southeast US, but the broader dynamics...
The current mid-year renewal has been described as the most challenging ever in loss-struck territories like the Southeast US, but the broader dynamics...
Article / 2 days ago
Industry goes unregulated as Florida home insurance rates soar, critics say - InsuranceNewsNet
"We're not seeing any regulatory action, no fines," said Richie Kidwell, owner of Orlando-based Air Quality Services mold removal company...
"We're not seeing any regulatory action, no fines," said Richie Kidwell, owner of Orlando-based Air Quality Services mold removal company...
insurancenewsnet.com /
Article / 2 days ago
Soaring rates and placement gaps in late-running 1.7 Australian renewal
A number of Australian cedants and their brokers have been forced to reissue firm order terms for property treaty placements just days ahead of cover incepting...
A number of Australian cedants and their brokers have been forced to reissue firm order terms for property treaty placements just days ahead of cover incepting...
Article / 2 days ago
What is the value of Lloyd’s and how does it change daily?
Those two simple questions motivated our research into how capital markets data could be used to provide answers on Lloyd's valuation...
Those two simple questions motivated our research into how capital markets data could be used to provide answers on Lloyd's valuation...
Article / 2 days ago
Stage set for cat bond price recovery: Lohmann, Schroders Capital ILS
The stage is set for catastrophe bond prices to recover from their current levels back to the long-term mean over the next six to nine months...
The stage is set for catastrophe bond prices to recover from their current levels back to the long-term mean over the next six to nine months...
Article / 2 days ago