GRM News & Analysis
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The networking alternative
Tony Dowding talked to Olga Collins, chief executive officer of Worldwide Broker Network (WBN), about what makes WBN different, with…
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US commercial insurance market looking much better for buyers, says Lockton
From a buyer’s perspective, the US commercial insurance market is in the best shape it has been during the past…
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German buyers question territorial exclusions in global programmes sparked by Ukraine war
German insurance buyers feel that international insurers have “overshot the mark” by introducing so-called “territorial exclusions” for Russia, Belarus and,…
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Reinsurance market at tipping point as mid-year rate rises highest since 2006: Howden
While there is much talk of primary insurance markets seeing a moderation in pricing, the reinsurance market is facing severe…
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Market report: Hard market in India but liberalisation continues
The Indian insurance market is facing similar issues to other global insurance markets with rates still hardening and terms and…
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Reinsurers turn from property nat cat to casualty and specialty: Best
The reinsurance sector continues to see positive and negative drivers affecting the market cycle which have tended to counter each…
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Insurance buyers will face more scrutiny after recent large product recalls, says Lockton
A number of recent large product recall cases are expected to see underwriters request more granular information on both key…
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Global insurance price rises moderate in second quarter, finds Aon
The global insurance market continues to shift to more moderate conditions, with modest price increases combined with growing capacity in…
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Increasing number of climate change litigation cases outside US and against non-fossil-fuel firms
Climate change litigation continues to grow in importance, with corporates being targeted as well as governments. While most cases are…
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Macroeconomic pressures but structured credit and political risk insurance capacity grows, says Gallagher
Supply issues, inflation and tightening financial conditions, combined with heightened market volatility and increasingly sluggish Chinese growth, as well as…
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TMF Group update on IPT rate changes globally
TMF Group has highlighted a number of insurance premium tax (IPT) rate changes from around the globe, together with other…
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Captive formation driven by claims, new risks and contractual requirements, says Chubb
The formation of captives by multinationals is being driven by higher claims velocity, new risks and increased contractual requirements, according…
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Capacity growing in London market but underwriters maintaining discipline, says Miller
Increased risk capital is being deployed by both existing and new underwriting businesses in the London market, according to Miller’s…
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Cyber market to see fluctuating prices and dynamic contract conditions, says S&P
Price fluctuations are likely to be an ongoing characteristic of the cyber insurance market, together with dynamic contract conditions, according…
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Tipping point approaching as rates plateau for London market construction sector, says Miller
The London market construction sector is seeing a plateauing of rates, which Miller suggests means a tipping point in the…
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Aviation insurance market softens as competition increases, says WTW
The aviation insurance market is continuing to soften as a result of new market entrants, increased appetite from existing insurers…
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Africa disproportionately affected by climate change, say insurers
African insurers, reinsurers and brokers will play an important role in assessing and managing the impact of global warming on…
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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…
