In recent weeks, executives of brokers and carriers have been delivering mixed messages about conditions in the commercial insurance market....
soft market News
The insurance industry will pay record claims of US$135 billion from last year’s spate of natural catastrophes, according to a...
Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had...
Global property reinsurance prices have risen less than expected in the key Jan. 1 renewal season, with strong competition limiting...
While overall market conditions may improve over the near term as a result of catastrophe events in the third quarter...
A rise in insurance premiums, especially in areas affected by recent hurricanes and disasters, will help Swiss Re recover from...
The top three challenges facing London market companies are the soft market, Brexit and regulatory compliance, according to a survey...
The four largest European reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – have largely maintained pricing and...
Despite the deterioration many reinsurers saw in the first quarter, mid-year renewals continued their downward pricing trajectory, according to Willis...
Lloyd’s of London is planning to cut 10 percent of its staff in the UK as the world’s oldest insurance...