Rising Reinsurance Prices and Demand Help to Create Stable Sector Outlook: AM Best December 9, 2021 AM Best is maintaining a stable market segment outlook for the global reinsurance segment, citing in part the ongoing positive...
Property Catastrophe Reinsurance Renewal Rates to Rise by More Than 10%: Fitch December 7, 2021 Reinsurance rates are expected to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in...
AM Best Raises Outlook for P/C Commercial Lines to Stable From Negative December 6, 2021 AM Best has revised its 2022 market segment outlook for the U.S. property/casualty commercial lines insurance industry to stable from...
Climate Modeling Confirms Historical Records Showing Rise in Hurricane Activity December 6, 2021 New results show North Atlantic hurricanes have increased in frequency over the last 150 years Jennifer Chu | MIT News...
Insured Price Tag for Europe Windstorm Hendrik-Ignatz (Aurore) Estimated at €311M December 3, 2021 Initial insured losses for extratropical windstorm “Hendrik-Ignatz,” also known as “Aurore,” are estimated at €311 million ($352 million), according to...
Construction Industry Faces ‘New Age’ Risks Along with Strong Growth Outlook December 2, 2021 The global construction industry’s risk landscape will be transformed by radical changes in design, materials and processes as the industry...
Where Employers Stand on Vaccines, ‘New Normal’ Workplace, Remote Work, Travel November 30, 2021 Although more than half (57%) of U.S. employers say they require or plan to require COVID-19 vaccinations of employees, much...
As COVID Spread, European P/C Insurers Took Hits but Remained Resilient: AM Best November 29, 2021 European property/casualty insurers faced a dip in total average gross written premium and after-tax profit in 2020, but their regulatory...
Brokers Report Cyber Insurers Requiring Security Steps Along With Higher Premiums November 23, 2021 Insurers are continuing to take a hard line on underwriting and pricing cyber coverage. While commercial lines prices overall rose...
Where Insurance Prices Will Moderate in 2022. And Where They Probably Won’t. November 18, 2021 Commercial insurance prices in general should stabilize in 2022, although not in cyber where increases from 50% to as much...