In the insurance industry, a ‘soft market’ is generally described as a period of plentiful insurance capa...
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 / 10 days 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 / 7 months ago
Progressive out front on commercial auto rate hikes in Q1 2023
The Progressive Corp. continued to increase commercial auto insurance rates during the first quarter of 2023, according to an S&P Global Market Intelligence...
The Progressive Corp. continued to increase commercial auto insurance rates during the first quarter of 2023, according to an S&P Global Market Intelligence...
Article / 10 months ago
Top US excess and surplus carriers see premiums surge, market share slip in 2022
Nearly all of the top writers of US excess and surplus insurance recorded higher premiums year over year even as many also lost ground in market share....
Nearly all of the top writers of US excess and surplus insurance recorded higher premiums year over year even as many also lost ground in market share....
Article / 12 months ago
US P&C insurers in line for higher revenues, lower EPS in Q3
Revenues at 10 of the largest publicly traded U.S. property and casualty insurers are expected to increase year over year in the third quarter, while...
Revenues at 10 of the largest publicly traded U.S. property and casualty insurers are expected to increase year over year in the third quarter, while...
Article / 1 year ago
Premium surge in H1 puts Florida's Citizens on track to blow past 2021 total
A rash of liquidations, stricter underwriting rules and property and casualty insurers retreating from the Florida market have flooded Citizens...
A rash of liquidations, stricter underwriting rules and property and casualty insurers retreating from the Florida market have flooded Citizens...
Article / 2 years ago
Aviva, Generali see largest Q2 market cap declines among European insurers
The STOXX Europe 600 Insurance Index underperformed the broader market in the second quarter...
The STOXX Europe 600 Insurance Index underperformed the broader market in the second quarter...
Article / 2 years ago
AIG leads as E&S insurers see premiums jump YOY in Q1
AIG emerged as the largest underwriter of excess and surplus lines insurance in the U.S. in terms of direct premiums written during...
AIG emerged as the largest underwriter of excess and surplus lines insurance in the U.S. in terms of direct premiums written during...
Article / 2 years ago
Inflation, war to weigh on some P&C insurers' Q1 results despite firm pricing
A majority of the 19 largest publicly traded U.S. P&C insurers are expected to post sequentially lower EPS in the first quarter, according to an examination of sell-side analyst forecasts...
A majority of the 19 largest publicly traded U.S. P&C insurers are expected to post sequentially lower EPS in the first quarter, according to an examination of sell-side analyst forecasts...
Article / 2 years ago
Progressive keeps lead as commercial auto insurers see premium gains in Q3
Progressive saw its direct written premiums grow 32% in the third quarter, the third highest among the top 20 commercial auto liability insurers include...
Progressive saw its direct written premiums grow 32% in the third quarter, the third highest among the top 20 commercial auto liability insurers include...
Article / 2 years ago