Global Commercial Insurance Rates Drop in Q4 for 2nd Consecutive Quarter: Marsh February 5, 2025 By L.S. Howard Global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024 –...
Quantifying Social Inflation: How Swiss Re Developed an Index December 11, 2024 By Susanne Sclafane Swiss Re Institute (SRI) made a significant contribution to the literature on social inflation and its impacts on insurers, reinsurers...
Global Commercial Insurance Rates See 1st Quarterly Decline in Seven Years: Marsh October 24, 2024 By L.S. Howard Global commercial insurance rates fell 1% in the third quarter of 2024 from the previous quarter, which marked the first...
US Nuclear Verdicts Break Records and Drive Social Inflation to 7% in 2023: Report September 11, 2024 By L.S. Howard Nuclear verdicts in the United States are breaking records with 27 court cases each awarding compensation of more than US$100...
Aspen and Allianz’s PIMCO Launch Casualty-Focused Reinsurance Vehicle April 17, 2024 Aspen Insurance Holdings Ltd. and PIMCO Investment Management Co. announced the formation of Pando Re Ltd., a Bermuda-domiciled collateralized re/insurer...
Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says March 25, 2024 By Susanne Sclafane Predictions that the property/casualty insurance industry is in the midst of repeating the type of loss reserving cycle that accompanied...
Markets/Coverages: Vantage Risk Introduces U.S. Primary Casualty Insurance February 20, 2024 Vantage Group Holdings Ltd., the Bermuda-based insurer and reinsurer, is offering U.S. primary casualty in addition to its existing Bermuda...
3M, DuPont Defeat Massive Class Action Over Forever Chemicals November 28, 2023 By Clark Mindock A U.S. appeals court on Monday handed 3M, Corteva Inc subsidiary E.I. du Pont de Nemours and Co and other...
Markets/Coverages: Canopius Expands Into US Excess Casualty Market September 19, 2023 Canopius Group, the London-based specialty re/insurer, announced the strategic expansion of its U.S. casualty business with its entry into the...
Global Insurance Prices Continue to Moderate in Q2 With Exception of Property: Marsh July 31, 2023 Global commercial insurance pricing rose 3% in the second quarter of 2023, down from 4% in Q1, according to Marsh,...