Firm order terms (FOT's) for the 2022 traditional reinsurance renewal for the Texas Windstorm Insurance A...
Allstate estimates April cat losses at $316mn
Allstate estimates April cat losses at $316mn
Allstate has pegged its expected pre-tax catastrophe losses for April at $316mn from 14 events, including wind, hail and tornadoes in Texas and the southeast...
Article / 3 days ago
Why are US commercial insurance rates continuing to climb?
New report identifies three key drivers...
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Article / 3 days ago
MENA: FAIR urges insurers to review technical reserves in the face of ...
MENA: FAIR urges insurers to review technical reserves in the face of inflation challenge
Insurers have to undertake a review of technical provisions as a necessary task so as to minimise the impact of the current global wave of inflation on insurance activiti...
Article / 3 days ago
Runaway loss cost pressure in personal lines as commercial lines fears...
Runaway loss cost pressure in personal lines as commercial lines fears pick up
Insurers are facing an uncertain loss cost environment in coming months as inflation, ongoing supply chain disruptions and rising severity in multiple lines pressure the ...
Article / 4 days ago
Opinion: Short-term Florida reforms may highlight need for longer-term...
Opinion: Short-term Florida reforms may highlight need for longer-term gains
Florida’s state legislators will next week debate how best to patch up their ailing insurance sector to see through the hurricane season that officially kicks off in a fo...
Article / 4 days ago
The last ray of hope: A 'make or break' Florida special session
The last ray of hope: A 'make or break' Florida special session
The special legislative session to be held the week of May 23 is the last chance Florida insurers and reinsurers have this year for some desperately needed reform...
Article / 6 days ago
Inflationary Trends Report - May 2022
As inflation remains at its highest level in decades – Aon’s monthly Inflationary Trends Report reveals the ke...
Report / 6 days ago
European reinsurers at Q1: The key takeaways
European reinsurers at Q1: The key takeaways
The Big Four European reinsurers have revealed initial P&C Ukraine losses running into triple-digit millions of dollars and voiced uncertainty over a final loss quantum f...
Article / 9 days ago
Reinsurers struggling to deliver 20%-30% extra cyber capacity needed per year ‘just to stand still’
The cyber reinsurance market is struggling to deliver the additional 20% to 30% of capacity it needs each year...
Article / 10 days ago
Sanctions hit $100mn of upstream income amid small rate rises: Marsh
Sanctions hit $100mn of upstream income amid small rate rises: Marsh
Russian sanctions have removed around $100mn of potential revenue for profitable upstream premium from the market, where continued oversupply of capacity is leading to im...
Article / 11 days ago