In the insurance industry, a ‘soft market’ is generally described as a period of plentiful insurance capa...
Distinguished fine art and collectibles program set to raise capacity to $100mn
Distinguished Programs newly launched fine art and collectibles program is poised to raise the capacity it can offer to $100mn – an increase of $45mn – as it secures...
Distinguished Programs newly launched fine art and collectibles program is poised to raise the capacity it can offer to $100mn – an increase of $45mn – as it secures...
Article / 8 months ago
Market firming continues in HNW homeowners' as E&S inflows grow
Underwriting high-net-worth (HNW) homeowners' policies in the non-admitted market is becoming “more than a norm”, sources say, as carriers optimize...
Underwriting high-net-worth (HNW) homeowners' policies in the non-admitted market is becoming “more than a norm”, sources say, as carriers optimize...
Article / 8 months ago
Auctioneer insurance market stable, distinctive
For auction house liability insurance, two words describe the current state of the market: stability and moderation....
For auction house liability insurance, two words describe the current state of the market: stability and moderation....
Article / 1 year ago
Activists aggravate art insurers' climate headache - Reuters
Climate activists' attacks on some of the world's most precious paintings have added to insurers' worries about the threat to art from climate change itself, concerns seen as leading to higher art insurance premiums...
Climate activists' attacks on some of the world's most precious paintings have added to insurers' worries about the threat to art from climate change itself, concerns seen as leading to higher art insurance premiums...
reuters.com /
Article / 1 year ago
Inside in Full: After the fix - Four questions for AIG
AIG provided fresh confirmatory data points this week that CEO Peter Zaffino and his management team have indeed fixed the unfixable when it comes to the commercial lines business.
AIG provided fresh confirmatory data points this week that CEO Peter Zaffino and his management team have indeed fixed the unfixable when it comes to the commercial lines business.
Article / 2 years ago
Covid-19 pandemic exacerbates fine art insurance’s hard market conditions
The art sector is heavily reliant on social contact, so the uncertainty of the coronavirus lockdowns...
The art sector is heavily reliant on social contact, so the uncertainty of the coronavirus lockdowns...
Article / 3 years ago
Insurers re-setting HNW boundaries to take advantage of higher premiums and margins
The mid net worth market is likely to merge into core domestic household products says loss adjustor...
The mid net worth market is likely to merge into core domestic household products says loss adjustor...
Article / 4 years ago
Insurers report big rate increases and expect Covid-19 to reinforce hardening
Insurers have reported sizeable rate increases in the first quarter and numbers show the hardening is getting worse for buyers, with one insurance CEO describing conditions as the...
Insurers have reported sizeable rate increases in the first quarter and numbers show the hardening is getting worse for buyers, with one insurance CEO describing conditions as the...
Article / 4 years ago
High net worth market hardening by 8-10% says Lumley Insurance
The firm's chairman and managing director identifies the latest high net worth trends at BrokerFest 2020...
The firm's chairman and managing director identifies the latest high net worth trends at BrokerFest 2020...
Article / 4 years ago
'All bets are off': Hong Kong protests cause insurance headaches for dealers heading to Art Basel - The Art Newspaper
With pro-democracy demonstrations showing no sign of abating, the fair is working with a broker to offer galleries cover at 20 times the normal rate...
With pro-democracy demonstrations showing no sign of abating, the fair is working with a broker to offer galleries cover at 20 times the normal rate...
theartnewspaper.com /
Article / 4 years ago