Liability
-
March 19, 2024
AI will shift liability rather than create new risks
Artificial intelligence raises challenging questions for liability as the technology continues to outpace regulatory and legal developments, experts have told…
-
March 14, 2024
QBE launches UK healthcare practice group with new liability product
QBE has created a healthcare practice division in the UK, headed by Doug Walker. It coincides with the launch of…
-
March 13, 2024
McLarens creates UK entertainment unit with new team hires
Global claims service firm McLarens has launched an entertainment and contingency unit in the UK and Ireland, with a focus…
-
March 13, 2024
AI regulation to shake up liability insurance
Developments in artificial intelligence (AI) and related regulation will require an overhaul of liability insurance policies and the creation of…
-
March 12, 2024
Mounting interest in casualty captives as market toughens
Multinationals are increasingly looking to put casualty exposures within captives, particular for areas where the insurance market is proving difficult,…
-
March 11, 2024
EMEA pricing flat in Q4 and easier than other regions: Aon
The EMEA insurance market was flat overall from a pricing perspective in the last quarter of 2023 and slightly easier…
-
March 7, 2024
Dynamic shift in appetite from Singapore and Malaysia insurance markets
Both the Singapore and Malaysia markets show a dynamic shift in insurers’ focus, with a heightened appetite for cyber, marine,…
-
March 6, 2024
Reinsurance prices to peak this year after ‘modest’ rises in months ahead: Moody’s
Global reinsurance prices are likely to peak at multi-decade highs in 2024 as competition intensifies, according to Moody’s. The ratings…
-
March 5, 2024
European market to stabilise further with rate decreases on the cards in H2
Brokers predict that European insurance buyers will see the market stabilise further in 2024 and may begin to see more…
-
March 4, 2024
US commercial insurance price hikes ease
Commercial insurance policyholders paid an average premium increase of 7% in the fourth quarter of 2023, down from 8.1% in…
-
March 4, 2024
Strong growth forecast for New Zealand general insurance sector
The general insurance industry in New Zealand is expected to grow by 8.3% in 2024, supported by property and motor…
-
March 1, 2024
Reinsurers applying brake to insurance market softening
The return of more stable reinsurance market conditions is easing pressure on the commercial insurance space. But with no softening…
-
February 26, 2024
US casualty insurance costs rising for multinationals
Multinational companies with US casualty exposures face higher insurance costs, as insurers and reinsurers react to persistently high loss ratios…
-
February 20, 2024
EU adopts rules to protect against false green claims
The European Council has adopted a directive designed to protect consumers against greenwashing claims, including carbon offsetting, and empower consumers…
-
February 16, 2024
North American construction casualty team launched by Lockton
Lockton has launched a North American construction casualty team with the appointment of Oliver Ross as senior vice-president within the…
-
February 12, 2024
London seeing increased casualty capacity and stabilising markets
Casualty lines in the London market are seeing increased capacity and rates are stabilising, according to Miller’s London and International…
-
February 9, 2024
Most commercial US renewal rates hikes slow in January: Ivans
Most major commercial lines saw monthly increases in average renewal rates in January but the pace of the rates hikes…
-
February 8, 2024
Talanx expects record profit of €1.6bn in 2023
Germany’s Talanx expects to report record profit of €1.58bn for 2023, exceeding its original forecast of €1.4bn after earnings grew…
-
February 7, 2024
Competition set to further ease French market in 2024
The rapid blanket hardening in the French insurance market appears over for now, with brokers, buyers and even insurers expecting…
-
February 7, 2024
Fourth quarter 2023 rates rose in US but flat in Asia, says Marsh
Insurance rates in the fourth quarter of 2023 in the US increased by 3%, while rates in Asia were flat,…