As Re/Insurers’ Results Are Hit, ‘Substantial’ Rate Hikes Expected: Swiss Re November 22, 2017 Non-life re/insurers’ full-year underwriting results are likely to be severely impacted from the second half’s three hurricanes and earthquakes in...
Insurers Can Protect Ratings with Cautious Approach to Cyber Risk: Fitch November 21, 2017 The influence of cyber risk on insurer ratings is likely to be neutral or gradual as long as insurers continue...
Reinsurance Sector’s Share of Hurricane, Quake Losses Is $20B-$25B: A.M. Best November 20, 2017 Cumulative net catastrophe losses for reinsurance companies from Hurricanes Harvey, Irma and Maria, along with the Mexico earthquakes, are between...
UK’s IUA Publishes Good Practice Guide for Delegated Authorities November 17, 2017 A guide to good practice for delegated authority arrangements in the London company market has been published by the International...
How Consolidation Has Changed Crop Insurance Sector: Conning November 17, 2017 Crop insurance was once a sector full of smaller players, but a mergers-and-acquisitions (M&A)-driven push for efficiency and scale has...
UK Regulator’s Broker Probe May Make London Market More Competitive: Fitch November 16, 2017 The UK Financial Conduct Authority’s review of the wholesale insurance broker market could help counter the trend of rising expenses...
Europe’s Re/Insurers Cut Coal Investments by $20B; U.S. Firms Fail to Act: Report November 16, 2017 Insurers have pulled $20 billion out of coal investments, but most are European and none of the top nine U.S....
Brand Strength, Serial Acquirers to Drive Next Wave of Insurance M&As: Willis Towers Watson November 16, 2017 Fewer insurance mergers and acquisitions (M&As) are being completed these day but those that are completed are of a higher...
How States Compare for Risk of Employee Lawsuits: Hiscox November 16, 2017 A new study of employment practices disputes and litigation by global insurer Hiscox concludes that businesses in Washington, D.C., Nevada,...
California Wildfires May Lead to $8B in Insured Losses: Aon Benfield November 14, 2017 California’s historic wildfires may lead to as much as $8 billion in insured losses. That’s a record for insurers, according...