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Directors' and officers' (D&O) liability insurance rates fell again in the US during the first quarter, with Aon's quarterly price index tumbling to its lowest value in the 15 years since it was created
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P&C (re)insurers experienced a relatively benign quarter in terms of natural catastrophe events, though recent company disclosures have dented more bullish assumptions about related losses.
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US commercial P&C rates continued their upward trajectory in the second quarter, according to bellwether insurer Travelers.
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The mean cost of premiums for UK solicitors' professional indemnity (PI) cover dropped by 1.3 percent last year, according to The Law Society.
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US insurance giant Travelers is regarded as a bellwether for the American insurance sector, not only because of its wide-ranging reach, but also because it is one of the first to report every earnings season
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US bellwether carrier Travelers undershot analyst predictions in the second quarter as operating profit per share dropped to $1.92 against consensus expectations of $2.11
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AM Best has lifted the financial strength rating of Texas commercial and homeowners' carrier State Farm Lloyds from B++ to A-.
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AM Best raised concerns about the capital structure of Africa Re, the continent's largest reinsurer as it put the company's financial strength rating under review with negative implications.
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Four brokers including Aon and Marsh have been visited by the European Commission (EC) as part of its investigation into possible breaches of EU antitrust rules in Ireland
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Willis Re's 1st View report on the June and July renewals provided further evidence that the property catastrophe market is yet to reach an inflection point on pricing
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Surplus capacity caused by "blatant over investment" by capital providers is to blame for the persistent rate reductions in the upstream energy market, according to JLT
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Fairfax put the Latin American reinsurance market to the test as it sought up to $200mn of cover for a number of businesses in the region that it acquired from AIG late last year, The Insurance Insider understands