Social Inflation, Low Interest Rates, Rising Catastrophes: Recipe for a Hard Market September 21, 2020 By L.S. Howard Even before the coronavirus crisis hit, the reinsurance industry was in a period of significant rate hardening, which will likely...
What Is the No. 1 Emerging Litigation Risk? ‘Forever Chemicals,’ Says Praedicat September 17, 2020 By L.S. Howard The top emerging litigation risk identified for the year ahead is PFAS, the so-called “forever chemicals” used in a wide...
Casualty Reinsurance Demand Rises in N. America Despite Hardening Primary Rates September 16, 2020 By L.S. Howard Although there is a significant market correction taking place in the North American liability insurance market, demand for casualty reinsurance...
COVID-19 Crisis Reveals Contract Clarity Lessons, Digital Opportunities: Flandro September 15, 2020 By L.S. Howard In every crisis, lessons must be learned, but opportunities also are revealed. And so it goes with the COVID-19, which...
Reinsurers Enter January Renewals, Focusing on Underwriting Discipline: Carpenter, Aon September 14, 2020 By L.S. Howard Economic uncertainty and volatility, in combination with COVID-19-related losses, is leading to a heightened level of cautiousness among property reinsurers...
Lloyd’s Underlying Underwriting Results See ‘Huge Improvement’ Despite COVID Losses September 11, 2020 By L.S. Howard While Lloyd’s overall results in the second half were hit by £2.4 billion ($3.12 billion) of COVID-19 claims, the market’s...
Social Inflation, Low Interest Rates, Rising Catastrophes: Recipe for a Hard Market September 9, 2020 By L.S. Howard Even before the coronavirus crisis hit, the re/insurance industry was in a period of significant rate hardening, which will likely...
QBE CEO Regan Exits After Investigation Into Female Employee’s Complaint September 1, 2020 By L.S. Howard QBE Insurance Group’s Chief Executive Officer Pat Regan is departing the insurer after an external investigation found his workplace communications...
Swiss Re Builds Risk Scoring System, Aiming to Reward Safe Cars with Lower Premiums August 14, 2020 By L.S. Howard A car owner should be able to pay lower insurance premiums for driving a car with safety features, such as...
Not Every Insurtech Is a Startup: How Swiss Re Delivers Tech Solutions August 14, 2020 By L.S. Howard It’s not just insurtech startups that have an edge on innovation. Some established reinsurers have developed their own analytics and...