Rate predictions, forecasts and market insights for 30+ lines of insurance across North America....
Social inflation will drive P&C (re)insurers to raise prices
“We expect social inflation to continue, and insurers to respond by building higher expected losses into their policies, raising prices and boosting reserves,” says Jasper Cooper, CFA, VP-Sr Credit Officer at Moody’s Ratings...
“We expect social inflation to continue, and insurers to respond by building higher expected losses into their policies, raising prices and boosting reserves,” says Jasper Cooper, CFA, VP-Sr Credit Officer at Moody’s Ratings...
PR / 11 days ago
U.S. Cyber Insurance Maintains Strong Profits; Premium Growth Slows
The U.S. cyber insurance line generated strong direct underwriting profits for the second straight year in 2023, but written premium volume has stalled...
The U.S. cyber insurance line generated strong direct underwriting profits for the second straight year in 2023, but written premium volume has stalled...
PR / 27 days ago
More capacity available in the reinsurance market at 4/1 renewal: Gallagher Re
Last year’s redistribution of risk between primary and secondary markets in the property catastrophe and specialty sectors has enhanced the financial outlook for reinsurers...
Last year’s redistribution of risk between primary and secondary markets in the property catastrophe and specialty sectors has enhanced the financial outlook for reinsurers...
PR / 1 month ago
‘Transitioning' Property Catastrophe Sector Heralds Buyers' Market at April Reinsurance Renewals
Aon announced the forthcoming launch of the latest report in its Reinsurance Market Dynamics series...
Aon announced the forthcoming launch of the latest report in its Reinsurance Market Dynamics series...
PR / 2 months ago
Health and safety emerges as top risk
Health & safety emerges as the top risk for directors and officers according to WTW’s 2024 Global Directors’ and Officers’ Survey Report...
Health & safety emerges as the top risk for directors and officers according to WTW’s 2024 Global Directors’ and Officers’ Survey Report...
PR / 2 months ago
U.S. commercial insurance prices showed an aggregate increase above 6%
WTW’s 2023 Q4 Commercial Lines Insurance Pricing Survey again indicates moderate to significant upward price adjustments for multiple lines.
WTW’s 2023 Q4 Commercial Lines Insurance Pricing Survey again indicates moderate to significant upward price adjustments for multiple lines.
PR / 2 months ago
UK, Italian Non-Life Insurers Have the Best Prospects in Europe
UK and Italian non-life insurers are likely to see the greatest benefits in Europe from rising premium rates in 2024, Fitch Ratings says...
UK and Italian non-life insurers are likely to see the greatest benefits in Europe from rising premium rates in 2024, Fitch Ratings says...
PR / 4 months ago
Strength in Risk Transfer Capital Supports ‘Smooth’ January 1 Renewals for Cedants
AON announced the launch of its latest Reinsurance Market Dynamics report, which reviews the January 1 reinsurance renewal period and evolving market dynamics...
AON announced the launch of its latest Reinsurance Market Dynamics report, which reviews the January 1 reinsurance renewal period and evolving market dynamics...
PR / 4 months ago
Reinsurance market returns to more stability and predictability at 1/1 renewal
The global reinsurance market returned to a more stable and predictable renewal at 1/1, driven by a healthier property reinsurance market...
The global reinsurance market returned to a more stable and predictable renewal at 1/1, driven by a healthier property reinsurance market...
PR / 4 months ago
January 1, 2024 Reinsurance Renewals Reflect a Motivated Market with Increasing Capital
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
PR / 5 months ago