Casualty/GL
-
Reinsurers will likely push for double-digit US premium rate increases.
-
A roundup of the breaking news, C-suite interviews and exclusive insights.
-
The company is currently “underweight” in that line of business, he added.
-
CEO Thierry Léger claims the “insurability” of global risk is becoming “challenged”.
-
The reinsurer constructed a “social inflation index” for a new study.
-
Scor is also limiting its exposure in political risk and cyber.
-
The transaction complements its previous acquisition of RMS in 2021.
-
-
The property market remains “one of the most favourable... I've seen in my career", he said.
-
The mean nuclear verdict for 2013-2022 was $89mn, versus $76mn in 2010-2019.
-
Fears around social inflation have maintained upwards pressure on US liability reinsurance pricing.
-
The broker noted a shift towards alternative risk solutions in the MENA region.
-
Recent contingency losses reflect a willingness of the market to go looking for premiums.
-
Jessica Cullen is relocating to London from New York to take up the new role.
-
The Lloyd’s chief of markets said he was generally comfortable with market fundamentals.
-
Verdicts awarding more than $100mn hit a new high of 27 last year, study finds.
-
Joy had previously set up the casualty practice at Global Indemnity.
-
Based in New York, the executive will report to global head of casualty Josh Everdell.
-
A minority view gaining currency is that 2016-19 will not be the only problem.
-
The Bermudian’s reserves will be on watch when its Japanese parent reports earnings.
-
The broker’s report also hailed the best risk-adjusted margins for ILS investors in a decade.
-
Property cat and casualty pricing remain steady following chaotic 2023 renewal, with global cat rates rising 3%.
-
As risks continue to become more interconnected, (re)insurers face increased pressure to manage aggregation.
-
Social inflation continues to prove challenging in the casualty space and is rebounding post-Covid.
Most Recent
-
Allstate pegs August cat losses at $215mn post-tax
19 September 2024 -
Reinsurers anticipate limited impact from Storm Boris flooding
19 September 2024 -
LMA CEO Cameron welcomes appointment of Roxburgh as Lloyd’s chair
19 September 2024 -
Miller hires Rance for reinsurance strategy and innovation role
19 September 2024 -
Daily Digest: Top news from 19 September
19 September 2024 -
Michellon appointed CEO for Continental Europe at Munich Re
19 September 2024