D&O 2022: Prices Down; Loss Ratios Up; Top Carriers Ranked March 27, 2023 By Susanne Sclafane Although analysts at Fitch Ratings estimate that combined ratios for the directors and officers liability line remained below breakeven in...
Global Reinsurers to Bear Bulk of Losses From Turkey-Syria Earthquake: Fitch February 9, 2023 Most insurance payouts due to the earthquake that hit Turkey and Syria ultimately will be borne by global reinsurers, according...
Property Cat Reinsurance Rates Likely to Rise by More Than 10% in January Renewals November 23, 2022 Reinsurance rates for property catastrophe business should increase by well over 10% when contracts are renewed in January 2023, according...
Reinsurance M&A Slows Amid Macroeconomic Risks, Higher Natural Disaster Claims August 15, 2022 Mergers and acquisitions in the global reinsurance sector will be limited into 2023 amid investor concerns over macroeconomic risks and...
Flexibility Is Key for Insurers Managing Inflationary Challenges August 12, 2022 By Elizabeth Blosfield Inflation likely won’t subside anytime soon, and insurers will need to be proactive and flexible if they want to stay...
Personal Auto Results Slow to Recover; GEICO, Progressive to Pass State Farm July 19, 2022 With an overall combined ratio in excess of 100 for the first time since 2017, private passenger auto joined homeowners...
Turkish Insurers Facing Severe Strain, Fitch Ratings Warns June 22, 2022 Turkish insurers are facing one of their most challenging operating environments of the past decade, with earnings and capital adequacy...
Medical Professional Liability Insurance Market Improves but Still Unprofitable June 14, 2022 The U.S. medical professional liability insurance (MPLI) market saw an improvement in financial performance in 2021 but its combined ratio...
Natural Disasters, Ukraine War Weigh on Q1 Results of Europe’s Major Reinsurers May 16, 2022 By L.S. Howard Three out of four of the major European reinsurers reported their profits were negatively affected as a result of elevated...
S&P Global Heeds Warnings, Withdraws Proposal for Insurer-Rating Changes May 9, 2022 S&P Global Ratings said it is withdrawing a proposal to change the way it assesses risk-based capital adequacy for insurers...