Hard reinsurance pricing conditions are likely to last longer than in previous market cycles mainly due to persistently high claims...
AM Best report News
Catastrophic events, such as major hurricanes and the Sept. 11 terrorist attacks, traditionally have led to hard markets that in...
The market segment outlook for the global reinsurance segment has been revised to positive from stable after the sector saw...
The strong pricing environment for most business lines written in the London insurance market is expected to support good underwriting...
Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve...
Protection and Indemnity (P&I) clubs sought further price improvements at the February 2024 renewals in order to keep up with...
Reinsurers in general maintained adequate capacity for casualty programs, despite concerns about social inflation and some recent reserve strengthening actions,...
Persistently strong underwriting performance during and after the global pandemic – despite substantial economic and capital markets volatility – has...
Substantial rate improvements, higher attachment points and rising investment income are combining with increased demand for reinsurance cover to create...
The recent devastating floods following Super Typhoon Saola in Hong Kong and other parts of China may add further pressure...