December 2018/3
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Munich Re has been a long way ahead of its competitors in this game.
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Goldman Sachs and TPG look for exit again after pulling 2017 sale process. -
Property D&F rates build momentum, yacht and cargo rates surge, following aviation underwriters push up rates.
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The US/UK covered agreement mirrors the pact struck with the EU last year.
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Downstream energy and construction markets respond to losses, while terrorism remains competitive.
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The West of England is imposing a general increase on members at the 20 February renewal, the first time in three years an International Group club will do so.
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The asset manager said there was “significant opportunity” within the reinsurance and retrocession market.
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Tropical Storm Risk (TSR) predicts five hurricanes and two intense hurricanes at the mid-point of its forecast range.
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Industry loss estimates are expected to increase as carriers come to terms with their actual exposure to this year’s record-breaking wildfire season.
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Homeowners in the state pay more than 9 cents on the dollar of claims for legal costs, three times the amount nationwide, according to a report.
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Casualty lines paint mixed rating picture going into 2019.
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Rate reductions have already started to ‘decelerate’, one industry expert said.
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