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The Corporation must take action on underwriting discipline to protect the franchise.
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Commercial auto segment leads the way with another near double-digit increase in Q1.
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The online-only carrier will work with the Shanghai regulator on the technology.
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Berkley and other P&C CEOs feel loss trends will become more important.
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US commercial property underwriters see rate increases in the mid- to high-single digits at 1.6.
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Alternative sources of capital ‘ripped up’ the pricing rule book.
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The investment yield for Bermudians remained low for 2017, averaging 3.1 percent.
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The London and US market are finally coming into line on property insurance renewal rates.
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The P&I and marine carrier now leads Maersk’s hull insurance policy.
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The 1.6 renewals have further highlighted the inelasticity of cat reinsurance pricing.
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The broker says reinsurance sector capital has grown by more than $10bn in the first half of 2018.
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The insurer now has reinsurance for up to $3bn of losses from a Florida hurricane.