For four decades, the Riverbend Festival delighted music fans in Tennessee with headlining acts like Lion...
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 / 2 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 / 4 months ago
Texas approves 36 double-digit homeowners insurance rate hikes in Q3'23
Texas regulators signed off on 36 double-digit rate increases in the third quarter, three of which were the most-impactful hikes in the entire US during the period....
Texas regulators signed off on 36 double-digit rate increases in the third quarter, three of which were the most-impactful hikes in the entire US during the period....
Article / 5 months ago
Everest CEO: Reinsurance hard market likely to last into 2025
The current good trading conditions in the reinsurance market can continue all the way into 2025, according to Juan Andrade, CEO of global insurer and reinsurer Everest Group Ltd....
The current good trading conditions in the reinsurance market can continue all the way into 2025, according to Juan Andrade, CEO of global insurer and reinsurer Everest Group Ltd....
Article / 5 months ago
In shift, California will let catastrophe models be used in rate-setting process
California's insurance department will soon allow carriers use catastrophe modeling when making rate filing requests, but additional regulatory...
California's insurance department will soon allow carriers use catastrophe modeling when making rate filing requests, but additional regulatory...
Article / 5 months ago
Balance of power is with the reinsurers & more demand is coming: S&P - Artemis
Analysts at S&P Global Ratings explained in Monte Carlo this week that the reinsurance industry remains in a hard market, especially in property...
Analysts at S&P Global Ratings explained in Monte Carlo this week that the reinsurance industry remains in a hard market, especially in property...
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 / 6 months ago
Battle over cyber war insurance exclusions making buyers question value of cover
Lloyd's of London's rollout of its exclusion for cyber war and severe state-backed attacks has been the source of client confusion....
Lloyd's of London's rollout of its exclusion for cyber war and severe state-backed attacks has been the source of client confusion....
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 / 8 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 / 8 months ago