Articles

Insurance

Major Hurricane Idalia insured losses to hit $3bn-$5bn: Moody’s RMS

The event will test Florida re/insurers on the heels of new legislation: Moody’s RMS.   4 September 2023

Insurance

Cedents see more hardening, will retain ever more risk: buyer survey

Quota share and aggregates can’t rebound as buyers seek higher limit on static budgets.   4 September 2023

Alternative Risk Transfer

Cat bonds hit pricing sweet spot en route to record 2023 issuance: Aon

Spreads to expected loss nearly halved to date in ’23 after resilience proven post-Ian.   4 September 2023

Insurance

Hurricane Idalia industry insured losses could reach $4bn: Verisk

Most of the losses are attributable to wind damage.   4 September 2023

Insurance

US jobs rise again: brokers/agents & reinsurers at long-term highs

Life & health carriers hiring hard as last segment to knock down pandemic-era job losses.   1 September 2023

Insurance

Sedgwick appoints UK liability claims leader

The appointee has 30+ years of experience in insurance and loss adjusting firms.   1 September 2023

Insurance

Markel jumps into Vesttoo bankruptcy case over $128m fraudulent LOCs

It claims two LOCs were found to be fraudulent in collateralised reinsurance transactions.   1 September 2023

Insurance

Post-Idalia Atlantic in ever higher hurricane drive

Models show some ‘quite aggressive’ warnings heading into the season peak.   1 September 2023

Insurance

Starr Insurance snags AIG leader for global expansion role

The executive to lead international financial lines and professional liability.   31 August 2023

Insurance

Citizens, Progressive, Chubb, Allstate and AIG to face top Idalia losses

Personal lines carriers will take reinsurance recoveries, key equity brokerage believes.   31 August 2023

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