Casualty Losses Provide Impetus for 2019 Rate Firming: Willis Towers Watson November 7, 2018 By L.S. Howard Commercial insurance buyers are facing upward pricing pressure across most lines of business in 2019, driven in part by escalating...
Some UK Insurers May Be Forced to Adjust Motor, Home Insurance Prices: Fitch November 7, 2018 Some UK insurers may be forced to change how they set their prices for motor and home insurance as a...
Insurance Linked Securities’ Issuance Reaches Record $1.6B in Q3: Willis Re November 6, 2018 The issuance of non-life insurance linked securities during the third quarter reached a record $1.6 billion, according to a report...
U.S. Agencies Split Over Cell Phone Cancer Risk November 6, 2018 By Lauran Neergaard and Seth Borenstein Two U.S. government agencies are giving conflicting interpretations of a safety study on cell phone radiation: One says it causes...
Weather, Wildfire Claims an Increasing Share of Home Insurance Losses October 31, 2018 U.S homeowners insurers saw an increase in both the number of losses and the percentage of those losses that resulted...
No-Deal Brexit Could Push UK into Lengthy Recession, Warns S&P October 31, 2018 By Andy Bruce A no-deal Brexit would be likely to tip Britain into a recession as long as the downturn that followed the...
Global Insurance M&A Deals Total Value Soars, Volume Dips in First Half October 31, 2018 Deal value for global insurance mergers and acquisitions was up $44.4 billion in the first six months of 2018, driven...
What’s Happening and What Lies Ahead for P/C Insurance Pricing: Moody’s October 30, 2018 The current pricing environment for property/casualty insurers is “modestly positive,” with commercial and personal auto rates rising by mid-to-high single...
RMS Lists Top 10 ‘1-in-100-Year’ Events for Asia Pacific Region October 30, 2018 The Asia Pacific region remains highly vulnerable to major catastrophes, RMS said, announcing a list of 10 “1-in-100-year” events possible...
Final Insured Loss for Germany-Austria’s Storm Herwart Rises to €264M: PERILS October 30, 2018 The final estimate of insured property losses for Extratropical Cyclone Herwart, which primarily affected Austria and Germany on Oct. 29,...