-
The broker’s latest report points to big opportunities in cyber re and retro.
-
Losses for 2020 were below average and capacity is stable, but the pandemic is likely to complicate deals.
-
Offshore construction business can attract rates of up to 75%, compared with 5% rises in exploration and production.
-
The Dell warehouse loss pushed the Lloyd’s cargo market to a 179% loss ratio in Q2 2020, the broker says.
-
The Aon president said insureds will begin to “test” carriers and brokers on price.
-
Capacity has stabilised after several exits, and there are “shoots of recovery” in performance, but disagreement remains around rate adequacy.
-
Firm order terms reveal an expectation from cedants of price increases between 5% and 10% on flood covers, in line with pricing momentum from 1.1.
-
Earlier clean aviation renewals had ~50% increases, and those with exposure to the $2bn loss paid much larger increases.
-
Despite hardening rates, insurers are “very polarised” about entering the class, CEO Laurent Lemaire says.
-
The ratings agency said Zurich Insurance’s financial performance was “sustainably improved” and gave the rating a stable outlook.
-
The MGA CEO says deductibles in North America need to rise as much as five-fold given an increase in claims frequency and severity.
-
The ratings agency highlighted concerns about the remedial efforts facing the carrier.
Most Recent
-
Navigating Complex War Risk Claims
18 October 2024 -
Marsh promotes DeWitt to CFO
18 October 2024 -
Axa XL Re makes Swiss Re’s Schiffer CEO for North America
18 October 2024 -
Daily Digest: Top news from 18 October
18 October 2024 -
Ambridge takes Mosaic’s Gofton-Salmond to head W&I in London
18 October 2024