Liability
-
Litigation expected to be even bigger US risk in 2025
Nearly half of US corporate counsel expect the number of lawsuits and regulatory investigations impacting their organisations to increase in…
-
US casualty rates continue to climb
Commercial insurance buyers in the US saw primary general liability rates rise in the low- to mid-single-digit range during 2024…
-
Reinsurance rates fall for loss-free accounts as supply-demand shifts
The end-of-year reinsurance renewals were broadly down globally as expanded capital coupled with an increased appetite to take on risk…
-
PFAS study puts costs of clean-up in Europe at €2trn
The cost of cleaning up PFAS contamination in Europe has been calculated as at least €95bn over 20 years, according…
-
BHSI France recruits Le Gall to head casualty
Berkshire Hathaway Specialty Insurance (BHSI) has appointed Bertrand Le Gall as head of casualty in France. Le Gall joins BHSI…
-
GrECo acquires Comegron to expand into Greece and Cyprus
GrECo, the independent risk consultant and insurance broker in the CEE region, has bought a majority stake in Comergon, a…
-
USI sees dynamic yet cautious US commercial insurance market in 2025
The US commercial insurance market outlook for 2025 shows stabilisation in several areas, according to USI’s 2025 Commercial Property &…
-
US commercial rate increases slow in Q4: MarketScout
US commercial insurance rate increases moderated to 2.6% in the fourth quarter of 2024, compared with 3.8% average price increases…
-
Casualty reinsurance renewals stable but US-exposed international cover under pressure
Casualty reinsurance renewals were stable at 1 Jan, despite concerns from reinsurers about adverse litigation, loss trends and its “bearish…
-
Reinsurance market softens at year-end
The reinsurance market softened at 1 Jan as new capacity ushered in a “new phase” focused on price reductions and…
-
Commercial insurance price fall for first time since 2017: Howden
Howden says that global commercial insurance market hardening has peaked and expects these improving conditions will continue through 2025. The…
-
Insurance market outlook improving for US buyers, says Risk Strategies
Commercial insurance buyers are seeing better pricing and broader terms and conditions as they head into 2025, senior executives at…
-
ECJ rules suppliers are liable for defective products
The EU Court of Justice (ECJ) has ruled in a case against Ford Italia that suppliers of defective products can…
-
WTW survey reveals US commercial line prices up 6% in Q3
US commercial insurance prices showed an aggregate increase of just above 6% in the third quarter of 2024 compared to…
-
US P&C insurers looking good for 2025, says Fitch
US property/casualty insurers are positioned favourably headed into 2025, according to Fitch Ratings, as a result of resiliency following an…
-
Zurich concerned over continuing rise in EU litigation funders
Zurich Insurance wants more focus on the rising number of litigation funders setting up in the EU and is concerned…
-
Brighter outlook for US commercial insurance buyers, says Woodruff Sawyer
2025 offers a brighter outlook for US commercial insurance buyers after years of sustained rate increases, according to US broker…
-
US commercial insurance market stable for buyers but sense of fragility remains
Ample capacity, greater competition, and strong reinsurance support are driving rates down in the US for property, workers compensation, D&O…
-
Global commercial lines pricing to remain in line with loss cost trends
While pricing in some global P&C commercial lines have now peaked, they will remain high enough to support strong results…
-
Arch names CNA’s Laazaouzi senior casualty underwriter in France
Arch Insurance has appointed Rachida Laazaouzi from CNA Hardy as senior casualty underwriter in France. Laazaouzi joins Arch Insurance (EU)…