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Reinsurance startups face uphill climb as renewals restore supply-demand balance
The outcome of the Jan. 1 reinsurance renewals will make life tougher for new entities hoping to enter the market and capitalize on good trading conditions....
The outcome of the Jan. 1 reinsurance renewals will make life tougher for new entities hoping to enter the market and capitalize on good trading conditions....
Article / 4 months ago
Global insurers curb exposures as they assess Israel-Gaza war impact
Global insurers are hiking prices and reducing coverage on war policies in Israel as the country's conflict with Hamas develops....
Global insurers are hiking prices and reducing coverage on war policies in Israel as the country's conflict with Hamas develops....
Article / 6 months ago
Positive H1 results helped drive reinsurance outlook revision to stable - The Insurer
Positive movements in pricing and terms and conditions are anticipated to continue into the 2024 renewals, with this sustained momentum fuelling...
Positive movements in pricing and terms and conditions are anticipated to continue into the 2024 renewals, with this sustained momentum fuelling...
Article / 8 months ago
Fla. P&C insurers still raising rates after market reform laws take effect
Florida's residential property insurers are taking a cautious approach when estimating how industry reforms passed in late 2022 will impact their premium...
Florida's residential property insurers are taking a cautious approach when estimating how industry reforms passed in late 2022 will impact their premium...
Article / 10 months ago
Cyber insurance market poised for growth as hard market eases
A slowdown in price increases and companies hardening their cybersecurity defenses will help expand the cyber insurance market, according to industry brokers and underwriters...
A slowdown in price increases and companies hardening their cybersecurity defenses will help expand the cyber insurance market, according to industry brokers and underwriters...
Article / 10 months ago
Fla. insurer of last resort now top 10 US homeowners writer amid market turmoil
Ongoing tumult in Florida's property market has turned Citizens Property Insurance Corp. into one of the largest writers of homeowners insurers in the...
Ongoing tumult in Florida's property market has turned Citizens Property Insurance Corp. into one of the largest writers of homeowners insurers in the...
Article / 11 months ago
Reinsurance rates, terms harden for Japanese, Korean primary carriers
Cedents in Japan and South Korea accepted big rate increases and tougher terms during the April 1 reinsurance renewal season....
Cedents in Japan and South Korea accepted big rate increases and tougher terms during the April 1 reinsurance renewal season....
Article / 12 months ago
US P&C 2023 outlook: reinsurance costs, M&A slowdown, E&S evolution
A hard market, higher reinsurance costs and ongoing low M&A activity are in the cards for property and casualty insurers in the new year.
A hard market, higher reinsurance costs and ongoing low M&A activity are in the cards for property and casualty insurers in the new year.
Article / 1 year ago
Reinsurers hit hard by catastrophes in Q3, look ahead to higher rates in 2022
Select global reinsurers posted revenue beats, but three of the biggest companies logged EPS misses, according to an S&P Global Market Intelligence analysis...
Select global reinsurers posted revenue beats, but three of the biggest companies logged EPS misses, according to an S&P Global Market Intelligence analysis...
Article / 2 years ago
Insurance pricing direction in the balance as market faces 'delicate situation'
Julia Graham, CEO of U.K. risk managers' association Airmic, said the association's third-quarter survey of members indicated there is some...
Julia Graham, CEO of U.K. risk managers' association Airmic, said the association's third-quarter survey of members indicated there is some...
Article / 3 years ago