P/C Insurers Record $9.3 Billion Q1 Underwriting Gain: AM Best June 12, 2024 The U.S. property/casualty industry recorded a $9.3 billion net underwriting gain in the first three months of 2024, according to...
Global Reinsurance Sector Outlook Revised to Positive on Robust Profits, Tighter T&Cs June 10, 2024 The market segment outlook for the global reinsurance segment has been revised to positive from stable after the sector saw...
US Auto Insurance Market on the Mend; Homeowners Line Volatile: Fitch June 7, 2024 The U.S. personal insurance sector is positioned for improving underwriting performance in 2024. According to Fitch’s latest U.S. Personal Lines...
Insurers to Build Private Credit Exposure in Coming Years: Moody’s June 7, 2024 By Matt Tracy Global insurers plan to invest further in the coming years in the growing but opaque private credit market, according to...
World Hits Streak of Record Temperatures as UN Warns of ‘Climate Hell’ June 6, 2024 By Kate Abnett Each of the past 12 months ranked as the warmest on record in year-on-year comparisons, the EU’s climate change monitoring...
Staff Warned Off Whistleblower Hotlines: Global Survey June 6, 2024 By Kirstin Ridley More than half of whistleblowers have felt pressured not to use internal hotlines to raise red flags at large global...
Investors With Trillions Aren’t Handling Australia Climate Risks: Study May 31, 2024 By Angus Whitley Major investors in Australia aren’t responding fast enough to rising threats to infrastructure and other assets from cyclones, floods and...
Cleaner Shipping Fuel Is Contributing to Ocean Warming: Report May 31, 2024 By David Stanway Shipping fuel regulations introduced in 2020 have led to a substantial cut in sulfur dioxide (SO2) pollution, but may also...
US P/C Insurers Hit Record Investment Income in 2023 May 31, 2024 The U.S. property/casualty insurance segment’s net investment income hit a record $73.9 billion in 2023, bolstered by the higher interest...
Property-Catastrophe Reinsurance Rates Drop by 5% at June Renewals: Howden Re May 30, 2024 Property-catastrophe rates saw some moderating trends during the June 1 reinsurance renewals, with average risk-adjusted rates-on-line decreasing by 5% within...