Articles

Insurance

US commercial P&C renewal rates slip in March; Q1 at long-term high

Commercial property, auto & business owners policies all pull back from February peaks.   16 April 2024

Insurance

Allstate Q1 nat cat tally tames to $731m versus prior year slaughter

March rose to $328m, chiefly on a single hail event; no mention of convective storm.   18 April 2024

Insurance

Cyber insurance can’t hold its margin amid capacity surge, Fitch says

Current margin looks ‘unsustainable’ as market competition ‘intensifies.’   18 April 2024

Insurance

Q1 insured nat cat losses hit $20bn, convective storms dominate again

Harsh hurricane outlook ‘bears close watching’ on what is still ‘a difficult US market.’   17 April 2024

Reinsurance

Bermuda regulator urges re/insurer to report on Baltimore bridge exposure

The estimates should include property, liability & contingent business interruption losses.   15 April 2024

Reinsurance

Guy Carpenter plucks PartnerRe leader to boost new business in Asia Pacific

The broker has hired a credit, bond & political risk, global specialties managing director.   11 April 2024

Insurance

MGU Victor reveals new underwriting leaders for UK and US specialty business

The new UK CUO joins from Allianz, where he spent his entire 15-year career.   12 April 2024

Alternative Risk Transfer

Cat bonds rise through March, put pure-play funds up another 1%

The USD cat bond fund marker has risen 19% during 69 weeks of uninterrupted gains.   8 April 2024

Insurance

Consilium draws Howden and Price Forbes senior talent for P&C expansion

Senior partners bring collective experience from Aon, Marsh, JLT, McGill and more.   9 April 2024

Insurance

US household auto policy inflation advances again, now at 22.2% y/y

Repair costs, the last sticky point in claims, resumed its double-digit inflationary path.   10 April 2024

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