The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than ...
Baltimore Bridge May Trigger Historic Marine Loss, Says Lloyd's of London
Insurance payouts for the Tuesday's collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to...
Insurance payouts for the Tuesday's collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to...
Article / 8 hours ago
Baltimore bridge loss estimated at $1bn-$3bn with Lloyd's share $250mn+
Early analyst estimates are converging around an industry loss of between $1bn and $3bn for the collapse of the Francis Scott Key Bridge in Baltimore...
Early analyst estimates are converging around an industry loss of between $1bn and $3bn for the collapse of the Francis Scott Key Bridge in Baltimore...
Article / 9 hours ago
Baltimore bridge collapse costs could ‘run into the billions' - insuranceNEWS.com.au
The total cost of a Baltimore bridge collapse and associated claims could run into the billions of dollars and add to challenges in the reinsurance market, AM Best...
The total cost of a Baltimore bridge collapse and associated claims could run into the billions of dollars and add to challenges in the reinsurance market, AM Best...
insurancenews.com.au /
Article / 1 day ago
Insider in Full: Fears that Baltimore bridge P&C claim could exceed Costa Concordia
Reinsurers and retro writers will bear the brunt of the claim as signs mount that the collapse of the Francis Scott Key Bridge in Baltimore will become one of the largest losses ever to hit the marine market...
Reinsurers and retro writers will bear the brunt of the claim as signs mount that the collapse of the Francis Scott Key Bridge in Baltimore will become one of the largest losses ever to hit the marine market...
Article / 2 days ago
Insider US in Full: D&O rate rebound unlikely in '24 despite expected claims severity uptick
Public D&O rates are unlikely to rebound in 2024 as the market remains extremely competitive, though sources have noted that rate reductions have started to narrow...
Public D&O rates are unlikely to rebound in 2024 as the market remains extremely competitive, though sources have noted that rate reductions have started to narrow...
Article / 7 days ago
Climate change ‘not major driver' of soaring cat losses - insuranceNEWS.com.au
The frequency and severity of large natural catastrophe losses has soared in recent years, but a changing climate is not the major cause, Swiss Re says....
The frequency and severity of large natural catastrophe losses has soared in recent years, but a changing climate is not the major cause, Swiss Re says....
insurancenews.com.au /
Article / 13 days ago
Insurers exiting high-risk areas as climate losses surge
'Increased frequency of climatic events has exposed insurers to more risk,' says analyst...
'Increased frequency of climatic events has exposed insurers to more risk,' says analyst...
Article / 13 days ago
Insurers, Insureds Must Collaborate to Get Ahead of Social Inflation
Setting up mock jury trials, taking cases to trial and refraining from issuing “hammer” letters to lower-layer insurers are just...
Setting up mock jury trials, taking cases to trial and refraining from issuing “hammer” letters to lower-layer insurers are just...
Article / 14 days ago
AI regulation to shake up liability insurance
Developments in AI and related regulation will require an overhaul of liability insurance policies and the creation of new AI-specific coverages...
Developments in AI and related regulation will require an overhaul of liability insurance policies and the creation of new AI-specific coverages...
Article / 15 days ago
March CPI: Same story, different day?
Premium inflation holds, as loss-cost inflation trends continue to moderate. In our recent notes, we analyzed the industry's 2023 statutory financial data, as well as the rate filings of 2024 thus far....
Premium inflation holds, as loss-cost inflation trends continue to moderate. In our recent notes, we analyzed the industry's 2023 statutory financial data, as well as the rate filings of 2024 thus far....
Article / 15 days ago