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The US P/C industry faces growing headwinds: APCIA report
Insurance
The US P/C industry faces growing headwinds: APCIA report
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
Insurers could return to underwriting profit on homeowners policies, says Aon
Insurance
Insurers could return to underwriting profit on homeowners policies, says Aon
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
Demand gap in treaty will serve equilibrium as reinsurers remain disciplined
Insurance
Demand gap in treaty will serve equilibrium as reinsurers remain disciplined
Reinsurers need to hold the line on both rates and retentions, says Beazley.   6 November 2023
Insurance
Property casualty sector’s overall reserves improved in 2022
The US property casualty insurance sector reported favourable reserve development for the 17th consecutive year: AM Best.   6 November 2023
Insurance
A belief in mutual profitability
Good communication, trust, and an ethos of mutual profitability are keys to how a good broker helps clients navigate some of the most challenging market conditions in a generation, say Adam Manus and Stephanie Rabin of Holborn.   6 November 2023
Insurance
‘Dangerous times’: geopolitical tensions, regulatory failings—APCIA sets its agenda
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
Florida capacity likely to increase after reforms
Florida legal changes starting to show results, and California needs to take heed, says Fitch senior director Christopher Grimes.   5 November 2023
Insurance
Concerns over EIOPA consultation on cross-border reinsurance
US insurance associations have praised Insurance Europe’s response to the EIOPA consultation on cross-border reinsurance.   5 November 2023
Insurance
E&S lines remain profitable, but pressure on rates is inevitable
E&S lines are projected to see another year of underwriting profitability—but new entrants could change the dynamic: Argo.   5 November 2023
Insurance
Exposures are rising faster than regulators allow rate changes
APCIA’s Robert Gordon testified before the House Financial Services Committee’s Subcommittee on Housing and Insurance.   5 November 2023

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