Aircraft with a value of $8bn on the ground at Dubai’s airport were at risk of damage during unprecedente...
CRC: Excess and umbrella rate reductions a rarity even as sector stabilizes
Rate reductions remain a rarity in the excess and umbrella market, even with pricing stabilizing, although loss-free accounts are no longer being hit with double-digit...
Rate reductions remain a rarity in the excess and umbrella market, even with pricing stabilizing, although loss-free accounts are no longer being hit with double-digit...
Article / 6 days ago
Markel's Finsness: Casualty “entering back into another hard market”
US casualty is in an “unprecedented” situation of hardening again shortly after a hard market from 2020 to 2022, according to Markel's Mia...
US casualty is in an “unprecedented” situation of hardening again shortly after a hard market from 2020 to 2022, according to Markel's Mia...
Article / 23 days ago
1st View: Heading Out of the Woods
We issue this publication at key renewal periods — 1 January, 1 April and 1 July — to deliver the very first view on current market conditions in the reinsurance industry....
We issue this publication at key renewal periods — 1 January, 1 April and 1 July — to deliver the very first view on current market conditions in the reinsurance industry....
Article / 24 days ago
Casualty panel: E&S market needs to innovate to meet escalating risk and loss costs
The E&S casualty sector must focus on innovation to reshape the products it offers, including around terms and conditions, as it addresses an elevated risk...
The E&S casualty sector must focus on innovation to reshape the products it offers, including around terms and conditions, as it addresses an elevated risk...
Article / 28 days ago
Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says
Predictions that the property/casualty insurance industry is in the midst repeating the type of loss reserving cycle that accompanied the hard...
Predictions that the property/casualty insurance industry is in the midst repeating the type of loss reserving cycle that accompanied the hard...
Article / 1 month ago
What Industry Executives Are Saying About Loss Reserves and Social Inflation
At carriers and reinsurers that announced reserve loss charges taken during fourth-quarter 2023, and even at some that did not, executives discussed the...
At carriers and reinsurers that announced reserve loss charges taken during fourth-quarter 2023, and even at some that did not, executives discussed the...
Article / 1 month ago
Zywave panel: Casualty market in danger of losing relevance
The casualty sector risks losing relevance if it focuses on excluding certain risks, while a war for talent in the market is leading to some “unbelievable...
The casualty sector risks losing relevance if it focuses on excluding certain risks, while a war for talent in the market is leading to some “unbelievable...
Article / 1 month ago
Mounting interest in casualty captives as market toughens
Multinationals are increasingly looking to put casualty exposures within captives, particular for areas where the insurance market is proving difficult, such as US risks...
Multinationals are increasingly looking to put casualty exposures within captives, particular for areas where the insurance market is proving difficult, such as US risks...
Article / 1 month ago
Unlocking Capacity and Capital in a Challenging Construction Risk Market
Complex market dynamics in the construction industry are pushing organizations to proactively explore alternative risk transfer solutions...
Complex market dynamics in the construction industry are pushing organizations to proactively explore alternative risk transfer solutions...
Article / 2 months ago
Insurance rate hikes accelerate in February
Commercial policyholders paid more for most major lines of coverage last month as premium renewal rates accelerated compared with January, according to a report Tuesday from Ivans...
Commercial policyholders paid more for most major lines of coverage last month as premium renewal rates accelerated compared with January, according to a report Tuesday from Ivans...
Article / 2 months ago
