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California reforms moving too slowly
Insurance
Building in high-risk areas and California’s failure to allow sustainable insurance rates are exacerbating climate-related risks, an APCIA panel agreed.   7 November 2023
Growth opportunities and stability in stark contrast to last renewal
Insurance
Aon’s US Reinsurance Solutions business has identified growth areas for its clients amid a greater sense of comfort in the market, say Stephen Hofmann and Kevin Traetow.   7 November 2023
When can D&O policies pay general liability claims?
Insurance
It is not unusual for the proceeds of a D&O policy to be assigned in a corporate bankruptcy, but is the PG&E case a genuine outlier or the sign of a trend, asks Ralph Stainbank of Liberty Mutual Reinsurance.   7 November 2023
Insurance
This renewal will be calmer than last year’s, and reinsurers will be looking at clients on a case-by-case basis: Aon.   7 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
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
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
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

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