bermuda-3-template-3-

1 November 2023Insurance

Hurricane Otis losses to exacerbate hardening

Insured losses from Hurricane Otis are likely to fall to reinsurance companies, causing further reinsurance market hardening and creating exposure management challenges for primary companies in the upcoming renewals, according to a new AM Best commentary.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Hurricane Otis inflicts up to $4.5bn insured losses; underinsurance in focus

14 November 2023 In determining the overall damage estimates from Otis, underinsurance is a common theme: Moody’s RMS.

US P/C players see more downgrades

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

AM Best reports mixed picture for large Asian reinsurers

1 November 2023 The rating agency also highlighted the importance of so-called secondary perils.

More articles

US state insurance commissioners urge Musk to scrap Federal Insurance Office

Lockton Re reveals new US segment for programmes and MGAs

Talanx terminates agreement with Meiji Yasuda

Acrisure snags industry veteran to bolster expertise

MGA Alta Signa taps talent pool to bolster cyber division

Volante builds out board with former Helios, Ascot CEO

BMS swoops for UK broker in largest acquisition yet

Zurich partners with Blink to expand parametric offering

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze