Articles

Reinsurance

Reinsurers can help manage SCS risks: Lockton Re

Reinsurers are disciplined, while trying to help their clients with specific challenges.   8 October 2024

Insurance

A perfect storm of social inflation hitting liability classes: AM Best

Negative market sector outlooks on classes of business often tied to liability portion.   8 October 2024

Insurance

US casualty loss costs have market ‘nervous’

Rising loss costs have insurers and reinsurers on edge, with E&S lines surging past 20% in several states.   8 October 2024

Insurance

Hurricane Milton surges to Cat 5 in 24 hours, aims for Florida as Cat 3

Milton is set to wreak major damage in Tampa Bay, the area's first direct hit since 1921.   8 October 2024

Insurance

MGAs outperform the wider market on many casualty lines: BMS

Many MGSs are so focused they are better aware of claims trends occurring in their space.   8 October 2024

Reinsurance

MNK Group launches new reinsurance entity Pt Mekong Re

The new company will specialise in niche and specialty solutions.   7 October 2024

Insurance

Private flood insurers needed to solve NFIP challenges long-term

Market share growth among private flood insurers has stagnated: AM Best.   8 October 2024

Insurance

US private market insured losses from Helene could hit $14bn: Moody’s RMS

Estimated losses to the NFIP could be over $2bn.   8 October 2024

Insurance

Cyber risk is moving closer to P&C, especially on silent cyber

The intersection of cyber and P&C insurance is becoming significant, says Aon.   8 October 2024

Reinsurance

Stability is key for 1/1 renewal deals, say Aon’s US reinsurance leaders

Cedants are primarily concerned with achieving stable and predictable pricing.   8 October 2024

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