Loss Creep Spells End to Soft Reinsurance Market: Guy Carpenter September 10, 2019 By Susanne Sclafane Extended development from North American hurricane losses and losses from non-peak perils like California wildfires have finally jolted reinsurers out...
Natural Disasters Drive £1 Billion (US$1.3 Billion) Loss at Lloyd’s During 2018 March 27, 2019 By L.S. Howard Lloyd’s of London reported a £1 billion (US$ 1.3 billion) loss for 2018, attributed to an above-average number of major...
Jan. 1 Renewals Saw ‘Muted Impact’ from 2018’s Catastrophes: Guy Carpenter January 14, 2019 The overall impact of catastrophe losses on property rates was muted at the Jan. 1, 2019 reinsurance renewals, but the...