Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased co...
Insurance companies ask for huge increases in mobile home premiums - Business North Carolina
North Carolina insurance companies have filed a request with state regulators to increase insurance rates for mobile home policies by double-digit rates over the next three years...
North Carolina insurance companies have filed a request with state regulators to increase insurance rates for mobile home policies by double-digit rates over the next three years...
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Article / 2 days ago
Will Construction Insurance Costs Kill Florida’s Real Estate Boom?
The cost of construction insurance in Florida is having developers second-guess their willingness to invest in the Sunshine State, while business...
The cost of construction insurance in Florida is having developers second-guess their willingness to invest in the Sunshine State, while business...
Article / 5 days ago
Insurer in Full: Reinsurance market finds stability after four years of hardening
Florida’s Citizens and its broker Gallagher Re have gone out to the traditional reinsurance market this week with the submission for its newly combined personal lines account, commercial lines account and coastal account placement...
Florida’s Citizens and its broker Gallagher Re have gone out to the traditional reinsurance market this week with the submission for its newly combined personal lines account, commercial lines account and coastal account placement...
Article / 10 days ago
Florida Citizens: Capital markets "especially" positive for $5.5bn reinsurance renewal
Florida’s property insurer of last resort, Citizens Property Insurance Corporation, has said that its sees market conditions as especially positive in the...
Florida’s property insurer of last resort, Citizens Property Insurance Corporation, has said that its sees market conditions as especially positive in the...
Article / 11 days ago
Unchanged rates gaining more acceptance at April 1 commercial property renewals
Compared to March, more sources shared accounts of rate declines and oversubscription....
Compared to March, more sources shared accounts of rate declines and oversubscription....
Article / 12 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
Property Market Update Q1 2024
The treaty reinsurance market at 1.1.24 has been far more orderly than in the prior year...
The treaty reinsurance market at 1.1.24 has been far more orderly than in the prior year...
Article / 16 days ago
AmRisc sidecar: Have the floodgates opened for property cat investment?
The oversubscription may signal additional capacity waiting on the sidelines....
The oversubscription may signal additional capacity waiting on the sidelines....
Article / 17 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 / 18 days ago
Property rate hikes drive captive boom
Captive formations continued to surge last year as new and existing owners turned to alternative risk transfer vehicles to navigate rising commercial insurance market rates....
Captive formations continued to surge last year as new and existing owners turned to alternative risk transfer vehicles to navigate rising commercial insurance market rates....
Article / 19 days ago