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,...
APCIA: Inflation Outpacing Premium Increases for Auto and Homeowners Lines March 8, 2022 By Jim Sams US Insurers — already hammered by extraordinary losses caused by natural disasters — are also failing to raise premiums at...
AM Best: Ukraine Invasion to Likely Have ‘Substantial Impact’ on Insurance Industry February 28, 2022 Russia’s invasion of Ukraine could add to inflationary pressures and will likely have a substantial impact on the global insurance...
Fed’s Powell Prepares for Possible Pivot With Inflation Risks Rising December 2, 2021 By Jonnelle Marte and Lindsay Dunsmuir The U.S. central bank needs to be ready to respond to the possibility that inflation may not recede in the...
Demand Outpacing Supply in One of Best E&S Markets in 50 Years, Industry Veteran Says September 17, 2021 By Susanne Sclafane The chair of W.R. Berkley Corp. has been observing conditions in the excess and surplus and specialty markets for more...