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...
Rapid Cyber Premium Growth by Fairfax, Tokio Marine Increased Share of Market May 9, 2022 By Chad Hemenway The top cyber insurance carriers in 2021 shifted to include Fairfax Financial Holdings and Tokio Marine U.S. as the marketplace...
Claims Inflation, Weakening Price Momentum Could Hit Reinsurer, London Mkt Profits April 21, 2022 The global reinsurance and London market sectors face increased risks from rising claims inflation, financial market volatility and weakening price...
EU’s Tweak to Sanctions Allows Some Aircraft Lessors to Sell Stranded Jets to Russia April 15, 2022 By Siddharth Philip and Alberto Nardelli An amendment to European Union sanctions last week created a potential path for some aircraft financiers to sell jets held...