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Hard market should last at least another year
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
2023 will be the year of the retained loss: Aon
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
Banks are using insurance models to assess risk
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
Hannover Re will be seeking incremental improvements to its North American book.   6 November 2023
Insurance
The US property casualty insurance sector reported favourable reserve development for the 17th consecutive year: AM Best.   6 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
E&S lines are projected to see another year of underwriting profitability—but new entrants could change the dynamic: Argo.   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
APCIA’s Robert Gordon testified before the House Financial Services Committee’s Subcommittee on Housing and Insurance.   5 November 2023

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