Viewpoint: Get Ready Now for the Soft Market (Because It’s Coming) October 24, 2023 By Tony Buckle and John Carolin Executive summary: Tony Buckle and John Carolin, co-founders of the boutique insurance consultancy UWX, analyze underwriter motivation during the soft...
Hard Market Game Refuses to End: Arch Capital CEO August 1, 2023 By Susanne Sclafane Drawing analogies to an epic tennis match and the hands of a clock, the leader of Bermuda-based Arch Capital declared...
Will S&P Change ‘Negative’ Reinsurance Outlook to ‘Stable’ in 2023? July 14, 2023 By Susanne Sclafane While no one directly asked the question of this article’s headline at the S&P Global Ratings June annual insurance conference,...
Repricing Is Not Reunderwriting July 13, 2023 By Tony Buckle, John Carolin and Mehmet Ogut A rising tide carries all boats. That rings true currently in commercial insurance. Carriers have broadly brushed aside concerns about...
Why the Investor-Driven Hard Reinsurance Market Will Persist in 2024 June 29, 2023 By Susanne Sclafane Reinsurers will continue to command adequate rates for property-catastrophe in 2024, even if the market comes through hurricane season unscathed,...
Natural Catastrophes Cost Insurers $125 Billion in 2022: Swiss Re March 22, 2023 By L.S. Howard Natural disasters in 2022 brought global economic losses of US$275 billion, of which insurance covered 45%, or US$125 billion, according...
Global Premiums Will Eclipse $7 Trillion for First Time by End of Year: Swiss Re July 14, 2022 Swiss Re’s economists predict “inflationary recessions” hitting major world economies over the next 12-18 months, and while recessions spell less...
Insurance Premiums Surging for Ukraine War-Exposed Business: Sources May 31, 2022 Insurance premiums are doubling or more for some aviation and marine business particularly exposed to the war in Ukraine, increasing...
Memo to Brokers: Stick With Loyal Insurers/MGAs, Price Isn’t the Only Differentiator May 23, 2022 By L.S. Howard Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model...
British Insurance Brokers’ Assn., Allianz Create Digital Guide to Combat Underinsurance May 23, 2022 The British Insurance Brokers’ Association (BIBA) and Allianz have developed a digital guide to support brokers in helping their customers...