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AM Best focuses on Florida worries
Insurance
The rating agency has long-term concerns over the condition of the insurance market in the state.   4 October 2022
Higher rates cannot mask the structural changes needed
Insurance
Reinsurers must not let the fallout from Hurricane Ian concentrate focus only on a further hardening of rates at the expense of ignoring more fundamental changes required in North American reinsurance structures needed to ensure the viability of the market.   4 October 2022
US market ‘well suited’ to deal with inflation turmoil: Fitch
Insurance
A favourable pricing environment, strong capital and adequate reserve positions will stand US re/insurers in good stead.   4 October 2022
Insurance
Primary insurers are showing signs that many have adjusted their approach towards their year-end reinsurance renewal: Munich Re.   4 October 2022
Insurance
Market pressures will remain present, but evaluation of non-traditional alternatives will help address demand needs this renewal.   4 October 2022
Insurance
Participants suggested that further changes could be in the pipeline as regulators and politicians acknowledge the scale of the problem.   4 October 2022
Insurance
So reinsurers should look for opportunities now, instead of only challenges, says Wade Gulbransen, head of North America, TigerRisk Partners.   4 October 2022
Insurance
Uncertainty around climate change, inflation and the five-year loss record in the cat space will largely outweigh the temptation to commit more.   4 October 2022
Insurance
The company has completed the acquisition of Léons Group in the Netherlands.   4 October 2022
Insurance
The hire formerly held A&H underwriting roles with Sompo International and ANV.   4 October 2022

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