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Despite a softening market, carriers still have belief in their profitability, sources said.
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Insight into the state of the insurance M&A market, powered by Insurance Insider’s comprehensive deal database.
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Sources said extending coverage to Gen AI may be difficult and unnecessary.
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The first quartile contracted on the back of Beazley 2623’s GWP reduction.
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Reinsurers fended off 20% cuts, but wildfires pleas failed to hold pricing flat.
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Last year, nearly two-thirds of Lloyd’s syndicates reported a deterioration in combined ratio.
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Insurer appetite for facilities is not just about top line, it is also a hedge against disruption.
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In the first part of this series, we explore how smart-followers are mixing up their strategies.
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The market took a higher share of hurricane losses and couldn’t cut its acquisition costs.
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Sources warned some property XoL books are already running 50% loss ratios.
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The proportion of women in lead underwriting roles still trails other leadership positions.
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Some of the Big Four are slowing growth as the market softens.