Why This Is Not a ‘Standard’ Hard Market and Other Views on Today’s Insurance Market September 29, 2021 By Susanne Sclafane Interesting. Fluctuating. Moderating. Fun. Those are the words that Patrick M. Gallagher, chief executive officer of Gallagher Global Brokerage for...
Global P/C Industry Sees Strongest Rate Hikes in 20 Years but Inflation Headwinds Loom July 16, 2021 By L.S. Howard Robust global economic recovery, higher risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines...
How Lloyd’s Underwriters Are Viewing Today’s U.S. Property Insurance Environment November 12, 2020 By Andrew G. Simpson While the COVID-19 pandemic has slowed business activity around the globe, for underwriters in the Lloyd’s market who were in...
More Companies Turn to Captives as Rates Rise, Terms & Conditions Tighten October 26, 2020 By Carolyn Cohn Fed up with rising prices and more stringent terms and conditions for their insurance policies as a result of the...
Casualty Reinsurance Demand Rises in N. America Despite Hardening Primary Rates September 16, 2020 By L.S. Howard Although there is a significant market correction taking place in the North American liability insurance market, demand for casualty reinsurance...
Social Inflation, Low Interest Rates, Rising Catastrophes: Recipe for a Hard Market September 9, 2020 By L.S. Howard Even before the coronavirus crisis hit, the re/insurance industry was in a period of significant rate hardening, which will likely...
For Global Insurers, Pandemic Likely to Erase Profits Until 2021 Second Half: Fitch May 11, 2020 While insurance rates have risen for nine consecutive quarters due to large catastrophe losses and accelerating claims inflation, Fitch Ratings...
Hardening Markets, Social Inflation, E&S Business: Berkley, AIG Execs Face Analysts September 13, 2019 The commercial general liability line will be the next property/casualty line to harden, the chief executive of W.R. Berkley Corp....
Another Hard Market Harbinger: U.S. Commercial Lines Prices Up 4% in Q2 September 12, 2019 In yet another sign of a hardening market, U.S. commercial insurance prices grew at an accelerated rate compared to a...
ILS Products Are Changing Reinsurance Industry Norms: ‘Acts of God’ Author July 1, 2015 By L.S. Howard Second of two articles In the first article in this series, Paula Jarzabkowski, professor of Strategic Management at Cass Business...