Articles

Insurance

US P&C insurer profits to stabilise and ‘modestly improve’ in 2023: Fitch

P&C insurers have benefited from a conservative overall approach to loss reserving: Fitch.   12 December 2022

Insurance

US commercial insurance rate growth slows to 5% in Q3: WTW

Cyber and excess/umbrella called out for strongest rend; workers comp & D&O down.   12 December 2022

Insurance

Cat bond funds set the post-Ian equilibrium at 4.3% loss

Weekly price volatility has largely died out; index moves last beat YTD average mid-Nov.   12 December 2022

Insurance

Ardonagh and RMS strengthen tie-up to ‘unlock new opportunities’

The broker is keen to embrace the latest science and technology to better understand flood/wildfire risks.   12 December 2022

Insurance

Property reinsurance in capacity & retro clinch in 2023, WTW warns

$40bn cut to capacity and lack of retro are dealing heavy blow to renewals terms.   9 December 2022

Insurance

WTW picks up Grant Thornton, Allianz & Amertrade vets to fill out board

Three incomers fill two vacancies: O’Neill and Rabbitt won’t stand for new term.   9 December 2022

Insurance

Florida can’t rebuild insurance market without special interest show-down

Sights set on lawyer-contractor alliance on assignment of benefits & one-way legal fees.   9 December 2022

Insurance

Chubb promotes 7-year team vet to lead London Market cargo

Everyone shifts one rung up: the post was vacated in a July promotion in marine.   8 December 2022

Insurance

Top US reinsurance buyer can’t fully place $3.5bn 1.1 programme

April 2023 renewals could prove to be the group’s third consecutive renewal shortfall.   8 December 2022

Reinsurance

Partner up: how Instanda fosters mutual growth

Insurtechs are synonymous with innovation and Instanda’s Tim Hardcastle explains why he is keen to join forces to access the very best technology.   8 December 2022

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