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The rationale of the Lloyd's market is to take volatile risks that aren't suitable for vanilla insurers
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Rising auto rates continue to be the exception in an otherwise weak pricing environment for US commercial insurance, according to Moody’s.
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Rising auto rates continue to be the exception in an otherwise weak pricing environment for US commercial insurance, according to Moody’s.
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The director of insurance supervision at the Prudential Regulation Authority has warned that carriers could be taking an "over-optimistic view" of pricing and may not have correctly assessed the risks associated with a broadening of policy terms and conditions
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Property catastrophe reinsurance rates continued their downward trajectory at the June and July renewals, with buyers generally securing rate reductions in the low-to-mid single digits, according to Willis Re
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With the current pricing environment leaving little room for P&C (re)insurers to boost their profits, expense management has become an increasingly popular strategy for widening margins.
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Top US cyber writers shifted from packaged policies towards standalone cover as the segment's top line grew last year, according to AM Best.
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Illinois, a state with $11bn in unpaid bills, may be on the verge of creating the first state-financed workers' compensation insurance system to be set up in decades.
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Statutory data for the Texas personal auto market has provided strong evidence of the challenging conditions facing carriers in the space, which are also driving a number of reinsurers away from the business.
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The key 1 July renewal for the Latin American market is expected to go down to the wire in what one underwriter described as a "schizophrenic" market.
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It turns out that markets aren't broken after all
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Reinsurers are attempting to push through UK motor rate increases of as much as 100 percent at the 1 July renewals as they look to transform the pricing landscape following the swingeing reduction to the Ogden rate.