Global commercial insurance rates increased by 1% on average in the first quarter of 2024, compared with ...
Beazley's Hardy: Rising Cat Losses Are Driving Coverage Into Non-Admitted Market - AM Best
Alex Hardy, head of delegated property, Beazley, said rising reinsurance costs and other factors are spurring some coverages...
Alex Hardy, head of delegated property, Beazley, said rising reinsurance costs and other factors are spurring some coverages...
Video / 5 months ago
Property market update – Rates and Risks
As we approach the mid-point of 2023, the predictions we made about a hardening property market at the turn of the year have borne out, and the impact of reinsured natural catastrophe losses trickling into
As we approach the mid-point of 2023, the predictions we made about a hardening property market at the turn of the year have borne out, and the impact of reinsured natural catastrophe losses trickling into
Article / 10 months ago
The State of the Property Market – what can you expect?
It’s a challenging time for the property market, and as we ease into 2023, we’re closely monitoring market conditions with an eye to what will unfold in the coming year.
It’s a challenging time for the property market, and as we ease into 2023, we’re closely monitoring market conditions with an eye to what will unfold in the coming year.
Article / 1 year ago
Property market dislocation needs leadership in 2023
As 2022 comes to a close, Beazley’s Group Head of Treaty, Patrick Hartigan, gives his outlook on the property market for 2023...
As 2022 comes to a close, Beazley’s Group Head of Treaty, Patrick Hartigan, gives his outlook on the property market for 2023...
PR / 1 year ago
Reinsurers’ margins are not aligned with rates in the primary market
The property catastrophe reinsurance market, which has suffered from significant losses over the last five years, is at a tipping point...
The property catastrophe reinsurance market, which has suffered from significant losses over the last five years, is at a tipping point...
Article / 2 years ago
COVID-19 accelerates take-up of some specialist classes - Intelligent Insurer
As well as triggering a hard market, COVID-19 has accelerated the growth in certain specialist classes of business, including cyber...
As well as triggering a hard market, COVID-19 has accelerated the growth in certain specialist classes of business, including cyber...
Article / 3 years ago
Trading Update
We announced in April our estimate of the cost of Covid-19 claims for our first party business (contingency, accident and health, marine, property and reinsurance) to be around US$170m net of reinsurance...
We announced in April our estimate of the cost of Covid-19 claims for our first party business (contingency, accident and health, marine, property and reinsurance) to be around US$170m net of reinsurance...
PR / 4 years ago