overcapacity News

A special report from A.M. Best notes that the “low level of insurance penetration seen in many Middle East and North Africa (MENA) countries, combined with the robust, albeit deteriorating, profitability achieved by the leading primary insurers, has made the …

Most commercial lines insurance prices continued their downward trend in the first quarter, as underwriters’ efforts to hold the line on premiums buckled under the pressure of a highly overcapitalized market. Three of the four lines of business tracked by …