The U.S. cyber insurance line generated strong direct underwriting profits for the second straight year i...
Uncertainty Keeps Prices Up; No Prior-Year Loss Development: Travelers
With its personal lines business benefiting from the impact of rate increases earning into the book, and the commercial lines insurance premium changes...
With its personal lines business benefiting from the impact of rate increases earning into the book, and the commercial lines insurance premium changes...
Article / 2 hours ago
Marsh McLennan sees rate hikes slowing; reports revenue growth
Insurance rate increases slowed in the first quarter in several major lines, and prices fell for some specialty coverages, executives at Marsh & McLennan Cos. Inc. said Thursday...
Insurance rate increases slowed in the first quarter in several major lines, and prices fell for some specialty coverages, executives at Marsh & McLennan Cos. Inc. said Thursday...
Article / 1 day ago
Q1 Preview: Absence of bad news is not necessarily good news
Light cat losses, reserve development, and pricing trends are key topics in Q1....
Light cat losses, reserve development, and pricing trends are key topics in Q1....
Article / 3 days ago
Robust reinsurer earnings help rein in renewal price hikes
A rebound in reinsurance industry capital, prompted by strong reinsurer earnings, should help keep reinsurance pricing in check during 2024 renewals, according to sources and recent industry...
A rebound in reinsurance industry capital, prompted by strong reinsurer earnings, should help keep reinsurance pricing in check during 2024 renewals, according to sources and recent industry...
Article / 10 days ago
Buyers' Reinsurance Market Prevails in April Renewals as Reinsurers Seek Growth
Brokers Aon and Gallagher Re described a buyers' reinsurance market for the April 1, 2024 property and specialty renewals as reinsurer profit margins...
Brokers Aon and Gallagher Re described a buyers' reinsurance market for the April 1, 2024 property and specialty renewals as reinsurer profit margins...
Article / 14 days ago
Florida overtakes California as largest surplus lines state in Q1
Surplus lines premium volume in California fell by 0.1 percent in Q1 2024, while growth in Florida's market meant the Sunshine State overtook its...
Surplus lines premium volume in California fell by 0.1 percent in Q1 2024, while growth in Florida's market meant the Sunshine State overtook its...
Article / 15 days ago
E&S: 2023 data shows double-digit growth, underwriting outperformance
As admitted carriers pull out of riskier plays, E&S continues to expand and thrive....
As admitted carriers pull out of riskier plays, E&S continues to expand and thrive....
Article / 17 days ago
American Club mutual P&I premium drops 6.5% at 2024 renewals
The American Club saw its mutual P&I book's relative premium income drop by 6.5 percent at the 2024 renewals, with its combined ratio for the 2023/2024 policy...
The American Club saw its mutual P&I book's relative premium income drop by 6.5 percent at the 2024 renewals, with its combined ratio for the 2023/2024 policy...
Article / 28 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 / 1 month 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 / 1 month ago
