News
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
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
Use of insurance models by banks could lead to their demanding borrowers build more climate-resilient structures: Moody’s RMS. 6 November 2023
Insurance
Escalating costs are driving up auto insurance premiums in Nevada and across the country. 6 November 2023
Insurance
More downgrades reflect a difficult period for the personal lines segment, according to AM Best. 5 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
Insurance
2023 has been an interesting year for the reinsurance property market, with a shifting loss environment and population growth, spread, and density all in the mix, says Richard Mairano of Liberty Mutual Reinsurance. 5 November 2023
Insurance
Casualty is stable going into 1/1, but pockets of the market remain challenging, warn Nigel Light and Amanda Lyons of Aon’s Reinsurance Solutions. 5 November 2023
Insurance
E&S lines are projected to see another year of underwriting profitability—but new entrants could change the dynamic: Argo. 5 November 2023
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