In the insurance industry, a ‘soft market’ is generally described as a period of plentiful insurance capa...
When the world is riskier than ever, E&S underwriters must deliver elevated solutions
In a world that is riskier than ever, the pressure is on us as E&S underwriters to find solutions that respond to the unprecedented disruption and dislocation seen...
In a world that is riskier than ever, the pressure is on us as E&S underwriters to find solutions that respond to the unprecedented disruption and dislocation seen...
Article / 17 hours ago
US property insurance market woes more widespread than just California: ALIRT
When it comes to challenges in the property insurance marketplace, in relation to climate, weather, catastrophe losses and insurer's ability to underwrite...
When it comes to challenges in the property insurance marketplace, in relation to climate, weather, catastrophe losses and insurer's ability to underwrite...
Article / 7 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 / 8 days ago
Hotel California: Is it a lovely place for homeowners insurance?
Headwinds weigh on carrier results, but premiums and surplus remain mostly stable...
Headwinds weigh on carrier results, but premiums and surplus remain mostly stable...
Article / 10 days ago
Florida property insurers post income turnaround in 2023
Florida domestic residential property insurers' income in 2023 moved into positive territory for the first time in seven years....
Florida domestic residential property insurers' income in 2023 moved into positive territory for the first time in seven years....
Article / 10 days ago
Is lower reinsurance the answer? Florida commissioner weighs in
A Florida commissioner has put forward a new proposal that aims to address the surge in premiums in the state....
A Florida commissioner has put forward a new proposal that aims to address the surge in premiums in the state....
Article / 11 days ago
Nationwide narrows small commercial appetite in CA
Non-renewals for certain policies will start on September 1, 2024...
Non-renewals for certain policies will start on September 1, 2024...
Article / 14 days ago
Arch's Grandisson on the view from the “penthouse” - The Insurer
Marc Grandisson, CEO of Arch Capital Group, has described the slight rate moderation in property cat as negligible and not a reason to rethink growing the business,...
Marc Grandisson, CEO of Arch Capital Group, has described the slight rate moderation in property cat as negligible and not a reason to rethink growing the business,...
Video / 14 days ago
California Insurance Commissioner: Allow Cat Modeling in Rates for Wildfires
California Insurance Commissioner Ricardo Lara said he will allow catastrophe modeling to be used in rate regulation for wildfires, a move he says will...
California Insurance Commissioner Ricardo Lara said he will allow catastrophe modeling to be used in rate regulation for wildfires, a move he says will...
Article / 14 days ago
CEA's reinsurance tower reached $9.1bn pre-1/1, risk transfer costs up 15%
The California Earthquake Authority (CEA) entered the January reinsurance renewals with almost one billion dollars more in risk transfer than a year...
The California Earthquake Authority (CEA) entered the January reinsurance renewals with almost one billion dollars more in risk transfer than a year...
Article / 15 days ago