News

Insurance

Long-tail casualty reserves upped in 2023, need more for ’24: AM Best

‘The numbers and the stories behind them indicate worsening reserve risk,’ say analysts.   16 April 2024

Insurance

General liability takes rate, but not at pace with legal threats: AM Best

The segment should perform ‘strongly’ in ’24, but can’t escape negative outlook.   11 April 2024

Insurance

UK non-life insurance outlook hiked to stable as inflation tames

Personal lines have turned the corner on pricing; commercial & specialty ‘remain favourable’.   3 May 2024

Insurance

Hard markets and remediation pay off: London Market put to positive

‘Strong’ pricing across most lines spells solid underwriting profit, AM Best says.   22 April 2024

Reinsurance

Hamilton earns rating boost as strategy pays off in favourable market

CEO Albo hails ‘remarkable business transformation’ and improved underwriting.   2 May 2024

Reinsurance

Reinsurance start up dearth will continue; investors may stay hesitant

Conditions are robust for new entrants, more complex for their would-be backers: AM Best.   4 April 2024

Insurance

US P&C chases personal line losses, cut underwriting loss 15% in ‘23

Double digit premium gain for homeowner & personal auto make for 2/3 of total NWP gain.   25 March 2024

Reinsurance

Reinsurers will take bulk of P&I claim after Baltimore bridge collapse

AXA XL led the current XoL reinsurance cover for International Group of P&I Clubs.   27 March 2024

Reinsurance

Named-perils first to fall as reinsurance capacity arrived for 1.1

Select oversubscribed treaties let brokers ‘push for limited compromises’ on peril lists.   20 March 2024

Alternative Risk Transfer

Cat bonds can cruise to fresh record in ’24; can collateralised tag on?

Trending rollover rate will put cat bond issuance more than 2/3 the way to fresh record in 2024.   19 March 2024

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