-
The carrier predicts double-digit rate increases in both Japan and the US later this year.
-
Sydney hailstorms cost the carrier $A162mn after reinsurance recoveries.
-
Some top-tier commercial auto carriers stand to see market improvement, JLT says.
-
The chief executive officer bemoaned low property cat reinsurance rate increases in a conference call with analysts. -
Renewal premium change in commercial insurance was up nearly 5 percent in 2018’s fourth quarter.
-
Will “payback” be in vogue in the mid-year renewals?
-
Arguably the defining feature of the last seven years of the reinsurance market has been the inexorable increase in the amount of ILS capital in the system, from roughly $40bn in 2012 to $90bn in H1 2018.
-
Job losses and the merging of aviation teams helped maintain upwards pressure on rates.
-
Rate rises were recorded on loss-hit accounts and across marine treaty, construction and engineering, according to a client report.
-
Wildfire-exposed programmes experienced tighter capacity and increased pricing, the reinsurance broker found.
-
The Emea region proved a drag on rate development.
-
If you have to turn to me for your dose of optimism, then things have probably taken a slightly strange turn.
