Market
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Hurricane Ian losses could exceed $40bn as storm heads to Carolinas: Fitch
Insured losses from hurricane Ian are estimated to range between $25bn and $40bn but the bill could escalate as the…
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Buyers face inflation-induced higher premiums across a range of lines, warns Marsh
Insurance buyers are going to have to buy more insurance at coming renewals to cover a range of risks impacted…
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Inflation and negative discount rate to drive UK casualty rates
UK casualty and commercial motor rates are likely to harden as claims costs rise at a frightening rate, according to…
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Captives hold key to emerging risks challenge, says risk manager
Risk managers must make greater use of captives in order cope with a rapidly evolving risk landscape and a reduction…
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Broker suggests the return of capacity and flat renewal rates
What are the critical issues facing risk and insurance managers in Sweden? For the last six months, Russia’s attack on…
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Delegates return in-person for Swerma Risk Forum
More than 200 risk and insurance management professionals gathered in Stockholm on 8 September for the annual Risk Forum of…
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PERILS adds Euro flood risk to loss database
Nordic risk managers should be better able to model their flood risk after catastrophe loss data provider PERILS expanded its…
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French buyers face tough but moderating market at year-end: WTW
The hard insurance market has lost some steam in France but buyers continue to face challenges as they head into…
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New cyber carrier receives Lloyd’s approval
Trium Cyber, a new risk carrier backed by Jim Stanard’s Pelican Ventures, has received ‘in principle’ approval from Lloyd’s. According…
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US wholesale and specialty rates to remain firm
Firm rates and capacity constraints are likely to continue in the US wholesale and specialty insurance market for the remainder…
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Acrisure launches syndicate to increase business at Lloyd’s
Broker Acrisure has launched a syndicate at Lloyd’s that will begin underwriting on 1 January 2023. Flux syndicate 1985, managed…
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US commercial insurance pricing up nearly 6% in Q1, says WTW
US commercial insurance prices increased by 5.9% on average in the second quarter compared with the year-earlier period, according to…
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Continued improvement for buyers in GB D&O market: WTW
The GB D&O market saw continued improvements for buyers in the first half of 2022, according to WTW. The broker…
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WTW calls for recalculation of power risks as values soar
Insurance buyers from the power sector can expect rate increases of between 2.5% and 20% for third-quarter renewals as insurers…
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German buyers suffer more challenging market in Q2 than European peers
The German commercial insurance market stood out as particularly difficult for buyers during the second quarter, according to Aon’s latest…
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Axis launches wholesale division
Bermuda-based Axis Capital has launched Axis Wholesale to focus on growth in the wholesale market. The new division is led…
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GVNW committee frustrated as insurance market goes into ‘exclusion mode’
The systemic risks that all GVNW members are struggling with, from pandemics to cyber and war, are proving particularly tricky…
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Inflation and reinsurance costs put squeeze on European insurers
Non-life insurer profits in Europe will come under increasing pressure from inflation and higher reinsurance costs, warn insurance analysts at…
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MGA Alta Signa brings badly needed quality capacity to German market
Fast-growing specialty managing general agent (MGA) Alta Signa has launched into the German market as insurance buyers report the commercial…
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Lloyd’s falls to £1.8bn investment-driven loss despite best combined ratio since 2015
Lloyds has fallen to a £1.8bn loss in the first half after difficult investment conditions took their toll, and despite…
