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Baltimore files suit on bridge collapse, cites outsize economic impact
Dali owner and operator showed ‘gross negligence and recklessness’ putting faulty ship to sea.   24 April 2024
Insurance
Cyber insurance can’t hold its margin amid capacity surge, Fitch says
Current margin looks ‘unsustainable’ as market competition ‘intensifies.’   18 April 2024
Insurance
Q1 insured nat cat losses hit $20bn, convective storms dominate again
Harsh hurricane outlook ‘bears close watching’ on what is still ‘a difficult US market.’   17 April 2024
Insurance
New Lloyd’s-backed MGA launches to shake up transactional risk market
The MGA has received backing from BP Marsh.   2 April 2024
Insurance
MGU Victor reveals new underwriting leaders for UK and US specialty business
The new UK CUO joins from Allianz, where he spent his entire 15-year career.   12 April 2024
Insurance
Marsh taps top talent from AIG to lead Dutch marine business
‘The logistics industry in Europe is expected to reach €1.1 trillion by 2029.’   14 March 2024
Insurance
US household auto policy inflation advances again, now at 22.2% y/y
Repair costs, the last sticky point in claims, resumed its double-digit inflationary path.   10 April 2024
Reinsurance
Bermuda regulator urges re/insurer to report on Baltimore bridge exposure
The estimates should include property, liability & contingent business interruption losses.   15 April 2024
Insurance
P&C carriers cut headcounts again; brokers & agencies sweep up
A 4M cut of 4800 jobs pushes the direct P&C job count out of a two-year range.   5 April 2024
Insurance
Commercial property & general liability lead Q1 rate growth slide
Commercial property slowed for third straight quarter to slowest rate since Q2 2020.   8 April 2024

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