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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
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
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
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 industry is at an intersection, but this year-end renewal should be smoother than the last. 5 November 2023
Insurance
Florida legal changes starting to show results, and California needs to take heed, says Fitch senior director Christopher Grimes. 5 November 2023
Insurance
More downgrades reflect a difficult period for the personal lines segment, according to AM Best. 5 November 2023
Insurance
Insurers must navigate these choppy waters, which is what the content planned for the APCIA’s 2023 conference is designed to do. 5 November 2023
Insurance
APCIA’s Robert Gordon testified before the House Financial Services Committee’s Subcommittee on Housing and Insurance. 5 November 2023
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