Latest Pricing Trends Headlines
All the headlines from our Pricing Trends Topic Page, ordered by recency.
Survey Predicts Continued Market Hardening
Jun 5 2000 // The CIAB’s Commercial Insurance Markets Index survey found the most significant increases for medium-sized accounts-those generating between $25,000 and $100,000 in commissions and fees-with 87% of the respondents...
Head of Kiln Plc Sees Rate Increases in Lloyd’s Market
May 12 2000 // David Gilchrist, Chairman of Lloyd’s vehicle Kiln Plc, which owns 46 percent of four Lloyd’s syndicates, told Reuters News Agency that despite 1999 losses of £6.7 million ($10.4 million) he “expects to...
Arizona’s Surplus Line Premium Volume up in 1999
May 11 2000 // According to figures released by the Surplus Line Association of Arizona, written surplus line premium volume in the state totaled $106.9 million in 1999, compared with $90.2 million in 1998–an increase of 18.5...
S&P Rates INSCO-Dico Group Cos.
May 1 2000 // Standard & Poor’s (S&P) took rating actions on three Irvine-based stock companies. The “BBpi” financial strength rating on Irvine-based Developers Insurance Company (DICO) was affirmed by...
UPDATE – Euro Interest Rate Hike Fails To Support Exchange Rates
Apr 27 2000 // As expected, the European Central Bank (ECB) raised interest rates on the Euro today, but only by what most analysts considered a paltry 25 basis points. The move, which raised the effective rate to 3.75 percent,...
New Zealand Nonlife Rates To Rise
Apr 4 2000 // Excess capacity, intense competition, inadequate premium rates and a high level of claims resulted in a very poor earnings performance in the New Zealand nonlife insurance market in 1999. So said Ian Thompson, Standard...
Award Increases Cause Rise in U.K. Premiums
Feb 29 2000 // The distinct possibility that damage awards arising from automobile accident claims will substantially increase in the U.K. has prompted the Association of British Insurers (ABI) to warn of possible big increases in...
