Articles

Insurance

SiriusPoint reclaims ‘stable’ outlook with first underwriting profit and turnaround

S&P expects it will continue to post strong and improving underwriting results in 2023-2025.   9 November 2023

Insurance

California reforms moving too slowly

Building in high-risk areas and California’s failure to allow sustainable insurance rates are exacerbating climate-related risks, an APCIA panel agreed.   7 November 2023

Insurance

Hiscox retains A+ rating despite recent losses

AM Best said it has a strong track record of earnings.   6 November 2023

Insurance

A belief in mutual profitability

Good communication, trust, and an ethos of mutual profitability are keys to how a good broker helps clients navigate some of the most challenging market conditions in a generation, say Adam Manus and Stephanie Rabin of Holborn.   6 November 2023

Insurance

Property casualty sector’s overall reserves improved in 2022

The US property casualty insurance sector reported favourable reserve development for the 17th consecutive year: AM Best.   6 November 2023

Insurance

Demand gap in treaty will serve equilibrium as reinsurers remain disciplined

Reinsurers need to hold the line on both rates and retentions, says Beazley.   6 November 2023

Insurance

Banks are using insurance models to assess risk

Use of insurance models by banks could lead to their demanding borrowers build more climate-resilient structures: Moody’s RMS.   6 November 2023

Insurance

US P/C players see more downgrades

More downgrades reflect a difficult period for the personal lines segment, according to AM Best.   5 November 2023

Insurance

E&S lines remain profitable, but pressure on rates is inevitable

E&S lines are projected to see another year of underwriting profitability—but new entrants could change the dynamic: Argo.   5 November 2023

Insurance

Florida capacity likely to increase after reforms

Florida legal changes starting to show results, and California needs to take heed, says Fitch senior director Christopher Grimes.   5 November 2023

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