GRM News & Analysis
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More data vital for better renewal outcome on US property risks, says Gallagher
US property underwriters are requiring more data to work on submissions and, in particular, insureds need to focus on replacement…
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Slowing rate increases in energy sector, says Gallagher
The global energy market is seeing varying rate increases depending on loss records for upstream risks and relatively low rate…
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Ukraine conflict means global programme restructuring
The war in Ukraine and the associated sanctions on Russia are causing companies to rethink and restructure their global insurance…
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Market easing for multinational insurance but growing role for captives
Market conditions are easing for global programmes but rates are still increasing, and if insurers push buyers too far, more…
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Marsh expects ‘some flattening’ in UK cyber market this quarter but limited capacity
Some flattening of pricing in the UK cyber insurance market is expected in the third quarter but underwriters are expected…
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Decelerating rate increases in US P&C market but concerns over inflation and storm losses
The US property and casualty (P&C) market is moving towards rate adequacy, and rate increases have decelerated slightly, although cyber…
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Ten most difficult things about global insurance programmes
As everyone knows, global insurance programmes aren’t easy, but they are necessary and important. Obviously there are many benefits, but…
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Resurgent US MGA market is here to stay, says Aon report
The current market for controlled distribution through managing general agents (MGAs) is not part of a cyclical phase and has…
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Europe and North America led premium growth in 2021 but future lies with Asia
Last year saw more than two thirds of premium growth generated in western Europe and North America, with the US…
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Forecasters predict above-average hurricane season for seventh consecutive year
Forecasters at the US National Oceanic and Atmospheric Association (NOAA) are predicting an above-average Atlantic Hurricane season for the seventh…
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Ten reasons why you need a global insurance programme
It may feel as though globalisation is currently under attack, as wars, sanctions and pandemics threaten global business, nationalism appears…
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Market conditions improving in the Americas and Asia: Aon
Pricing has stabilised or seen increases moderate in most regions of the world, although Asia is seeing challenging conditions for…
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Growing capacity and increased insurer appetite in energy market, says Marsh
Capacity surplus in the upstream energy sector is driving competition among insurers, which is good news for buyers, according to…
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Class Report: Transaction Risk Insurance
Transaction risk insurance has come into its own following the record-breaking value of global M&A transactions in 2021. And despite…
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Insurers must ‘walk the talk’ on climate resiliency, says report
Insurers need to step up to the challenges posed by climate change by prioritising strategic initiatives aimed at loss prevention,…
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Report highlights insurance regulatory changes in Mexico, Brazil and India
Global Insurance Law Connect’s (GILC) 2022 Radar Report has highlighted a number of regulatory changes impacting the insurance sector in…
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US D&O insurance market facing ‘complex prevailing risk factors’ says Best
The US D&O insurance market has seen a recent moderation in increases after steadily rising rates during the past few…
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Competitive insurance environment but concerns over medical and social inflation, says Lockton
Lockton expects a competitive environment to develop in global insurance markets throughout 2022 as more capacity is deployed. The broker…
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US sees growing interest in global insurance programmes
Risk managers need to keep track of an organisation’s international exposures as a growing number of US-based businesses expand their…
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Global survey reveals no reduction in D&O policy limits but higher pricing
Directors and risk managers globally have not seen reductions in policy limits in the last year, but the majority have…
