Liability
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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…
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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…
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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…
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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…
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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,…
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February 6, 2024
UK government mulls reducing terrorism rules for small venues under Martyn’s Law
A new UK law that would impose terrorism risk management requirements for public venues and events is being reviewed in…
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February 5, 2024
Rate increases in Europe outpace global average in Q4: Marsh
Europe’s commercial insurance rates recorded an average spike of 4% in Q4 2023, according to broker Marsh, outpacing the global…
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February 2, 2024
Axis bullish on specialty lines despite reserve hit
Bermuda-based specialty insurer and reinsurer Axis Capital assured shareholders and policyholders that its underlying business is firmly on track despite…
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February 1, 2024
Bayer to appeal $2.25bn Roundup damages award
German pharmaceutical firm Bayer has said it will appeal a court judgement to pay an “excessive” $2.25bn in damages to…
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January 30, 2024
Owners using captive cells to manage difficult markets
Cell captives can provide a quick and effective solution for buyers facing difficulties in placing coverage in the commercial market,…
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January 26, 2024
Rates increases fall to 2% in Q4 but still rising: Marsh
Marsh said primary insurance rate increases of 2% in Q4 slowed on the 3% rise recorded in Q3 2023. But…
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January 24, 2024
US rate hikes accelerate in most lines during Q4: Ivans
Insurance rates for most major lines of US commercial coverage increased at a faster pace in the fourth quarter than…
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January 22, 2024
Collaboration key to risk challenges, says Sedgwick
Collaboration and connection are key to handling the risk challenges in 2024, according to Sedgwick. The claims management and loss-adjusting…
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January 17, 2024
Repsol sued in Dutch court for Peru oil spill damage
Spanish oil firm Repsol faces a class action in the Netherlands for a reported $1bn, alleging an oil spill off…
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January 15, 2024
New class underwriter for energy and liability at Dale
Andrew Carter has been appointed as class underwriter, energy and liability insurance at Dale Underwriting Partners (DUP), the trading name…
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January 11, 2024
Slower rate increases in US P&C but no sign of softening, says USI
Property rates in the US are expected to increase, but not at the same pace as seen in 2023, while…
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January 11, 2024
HDI Global Specialty expands in US specialty market with MGA deal
HDI Global Specialty (HGS) has acquired a majority stake in US MGA Falcon Risk Holdings. Falcon will work exclusively for…
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January 11, 2024
General liability rate hikes ease in US but auto still tough
US general and excess liability policyholders saw some slowdown in the pace of rate increases at year-end renewals, but buyers…
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January 9, 2024
US commercial insurance rates rise 5.6% in Q4
US commercial insurance rates rose 5.6% on average in the fourth quarter of last year and 4.6% for all of…
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January 4, 2024
Reinsurance renewals ‘smooth’ but cost of European cat cover up: Aon
The 1 January reinsurance renewals were “relatively smooth” with overall pricing flat to slightly up, but things were tougher for…