distribution costs News

High Distribution Costs and How to Fix Them

The disruption currently taking place in insurance and reinsurance markets is at its most acute since the culmination of the financial crisis. Industry reserves, deteriorating earlier catastrophe losses and eye-popping expense ratios are combining with macro headwinds, changes in investor …

Insurers, Agents Together Need to Lower Distribution Costs: Berkley

Partnership and greater efficiency will help lead the way to continued profitability for the property/casualty insurance industry despite a new level of uncertainty globally, according to William Berkley, executive chairman of the W.R. Berkley Corp. Economic and social trends are …