As the dust settles on the 1 January reinsurance renewals, further evidence has emerged of improving conditions for underwriters of US casualty and professional lines treaty business.
The commercial insurance market experienced a market-changing year in 2017 that should drive a broad turn in pricing, according to Sompo International global insurance CEO Jack Kuhn.
After a mixed 1 January renewal for reinsurers, signs are emerging of improving prospects for underwriters in the US commercial insurance sector as traction begins to build slowly on pricing.
Underwriting rooms at property cat reinsurers may have been best avoided this week as executives came to terms with a miserable 1 January renewal that fell well short of expectations
InsurTech firm Clara Analytics has secured $11.5mn in a series A investment round led by venture fund Oak HC/FT, as the start-up looks to build out its AI solutions to tackle claims leakage in the commercial insurance market.
