News
Insurance
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
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
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
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
The US property casualty insurance sector reported favourable reserve development for the 17th consecutive year: AM Best. 6 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
Reinsurers will be seeking changes on casualty business but cedants should be assessed on an individual basis, says BMS Re. 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
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