News
Insurance
2023 has seen 31 insured losses globally of more than $1 billion—yet there have been no losses higher than $7 billion. 6 November 2023
Insurance
A falling inflation rate and stable claims should lead to underwriting profit by 2025, according to a new report from the broker. 6 November 2023
Insurance
Hannover Re will be seeking incremental improvements to its North American book. 6 November 2023
Insurance
Reinsurers need to hold the line on both rates and retentions, says Beazley. 6 November 2023
Insurance
Ever-increasing challenges from claims cost and expense increases, extreme weather events, legal system abuse, continue to have significant negative financial consequences for insurers. 6 November 2023
Insurance
Reinsurers need to deliver double-digit returns even when a Hurricane Ian-sized catastrophe strikes in order to prove the market is sustainable, says IQUW’s Rene Lamer. 6 November 2023
Alternative Risk Transfer
The ILS sector has played a key role in restabilising the wider risk transfer markets thanks to its ability to recapitalise quickly. Access to the current wide range of capital options can lead to better business decisions, say Paul Schultz and Cole Mayer of Aon Securities. 6 November 2023
Insurance
Use of insurance models by banks could lead to their demanding borrowers build more climate-resilient structures: Moody’s RMS. 6 November 2023
Insurance
The US property casualty insurance sector reported favourable reserve development for the 17th consecutive year: AM Best. 6 November 2023
Insurance
Reinsurers will be seeking changes on casualty business but cedants should be assessed on an individual basis, says BMS Re. 5 November 2023
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