Inflation, Ukraine War Seen as Chief Financial Risks May 10, 2022 By Howard Schneider High inflation, volatility in stock and commodity markets and the war in Ukraine have emerged as the chief risks to...
Allstate Outlines ‘Surgical’ Auto Rate Hikes to Combat Inflation May 6, 2022 By Chad Hemenway Rate increases in Allstate’s auto insurance business are in integral part of the insurer’s overall plan to address the impact...
Small Businesses Are Burning Out: Survey April 21, 2022 According to a recent survey by Next Insurance, small businesses are feeling stressed and frustrated by the state of the...
Claims Inflation, Weakening Price Momentum Could Hit Reinsurer, London Mkt Profits April 21, 2022 The global reinsurance and London market sectors face increased risks from rising claims inflation, financial market volatility and weakening price...
UK CFOs Expect High Inflation to Cut Profit Margins: Deloitte Survey April 19, 2022 By David Milliken More than seven out of 10 chief financial officers (CFOs) at Britain’s biggest companies expect high inflation to reduce their...
Reinsurers to Bear Brunt of Australia Flood Claims: AM Best April 5, 2022 The majority of gross losses from recent devastating flooding in Australia likely will be borne by reinsurers with limited impact...
U.S. Supply-Chain Pressures Soar to a Record, Index Shows April 5, 2022 By Brendan Murray A measure of U.S. supply-chain pressures rose to a record, adding to already stiff inflationary headwinds from logistics amid dwindling...
Global Insurers Want to Increase Private Equity Investments, as Inflation Hits Portfolios April 5, 2022 Insurers want to put more money into private equity this year as they contend with rising inflation and its effects...
Goldman Poll Finds Insurers Expect a U.S. Recession April 4, 2022 By Max Reyes Insurance executives who oversee more than $13 trillion in assets expect the U.S. to enter a recession in the near...
Inflation a ‘Major and Growing Concern’ for Reinsurers April 4, 2022 With buyers’ needs for capacity stable and remaining within the collective appetites of reinsurers, April 1 reinsurance renewals were orderly,...