At carriers and reinsurers that announced reserve loss charges taken during fourth-quarter 2023, and even...
Split Insurance for Construction
In the insurance industry, a ‘soft market’ is generally described as a period of plentiful insurance capacity available to buyers; as a consequence, the terms offered by insurers are relatively generous in terms of coverage...
In the insurance industry, a ‘soft market’ is generally described as a period of plentiful insurance capacity available to buyers; as a consequence, the terms offered by insurers are relatively generous in terms of coverage...
Article / 2 days ago
$75bn+ loss needed to temper reinsurance optimism: Marsh McLennan Agency
With the reinsurance market increasingly optimistic and more capacity emerging, Marsh McLennan Agency has said that it would take a single loss event...
With the reinsurance market increasingly optimistic and more capacity emerging, Marsh McLennan Agency has said that it would take a single loss event...
Article / 7 days ago
Insider US in Full: D&O rate rebound unlikely in '24 despite expected claims severity uptick
Public D&O rates are unlikely to rebound in 2024 as the market remains extremely competitive, though sources have noted that rate reductions have started to narrow...
Public D&O rates are unlikely to rebound in 2024 as the market remains extremely competitive, though sources have noted that rate reductions have started to narrow...
Article / 7 days ago
Marsh: Transactional risk claims increased materially in 2023 as soft market conditions prevail
Marsh has reported the extent of soft market conditions in the primary-layer representations and warranties and warranty and indemnity transactional...
Marsh has reported the extent of soft market conditions in the primary-layer representations and warranties and warranty and indemnity transactional...
Article / 9 days ago
What's prompting a carrier exodus?
New report sheds light on why insurers are heading for the exit…...
New report sheds light on why insurers are heading for the exit…...
Article / 14 days ago
Florida Insurance Marketplace Review: A new, healthy marketplace or a false dawn?
Loss ratios and surplus improve for the group, but don't guarantee this is a turning point....
Loss ratios and surplus improve for the group, but don't guarantee this is a turning point....
Article / 14 days ago
March CPI: Same story, different day?
Premium inflation holds, as loss-cost inflation trends continue to moderate. In our recent notes, we analyzed the industry's 2023 statutory financial data, as well as the rate filings of 2024 thus far....
Premium inflation holds, as loss-cost inflation trends continue to moderate. In our recent notes, we analyzed the industry's 2023 statutory financial data, as well as the rate filings of 2024 thus far....
Article / 15 days ago
Midstream Energy Market Update Q1 2024
Explore the global surge in midstream investment fuelled by unconventional energy and market globalisation.
Explore the global surge in midstream investment fuelled by unconventional energy and market globalisation.
Article / 24 days ago
US casualty insurance costs rising for multinationals
Multinational companies with US casualty exposures face higher insurance costs, as insurers and reinsurers react to persistently high loss ratios and social inflation...
Multinational companies with US casualty exposures face higher insurance costs, as insurers and reinsurers react to persistently high loss ratios and social inflation...
Article / 1 month ago
P&I Clubs Raise Renewal Prices to Keep Up With Claims Inflation: AM Best
Protection and Indemnity (P&I) clubs sought further price improvements at the February 2024 renewals in order to keep up with claims inflation, despite a...
Protection and Indemnity (P&I) clubs sought further price improvements at the February 2024 renewals in order to keep up with claims inflation, despite a...
Article / 1 month ago