Published inForinsurerHurricane Milton: Total Economic and Insurance LossesHurricane Milton made landfall near Siesta Key, FL as a Category 3 hurricane and traveled across central Florida before moving off the east…Nov 14, 2024Nov 14, 2024
Published inForinsurerChallenges in the Cryptocurrency Market: Investing in Risk Assets ExplainedGeopolitics and global macro conditions have left economists at their wits’ end and obliterated most markets, while on the other…Nov 14, 2024Nov 14, 2024
Published inForinsurerCatastrophe Bond Market Overview & ILS Market SizeCatastrophe bond issuance set records in three of the past four quarters, pushing the market to $45.6 bn — an 18% rise. The catastrophe…Nov 14, 2024Nov 14, 2024
Published inForinsurerReinsurance pricing cycle may have peaked in 2025Reinsurers and brokers have mixed expectations for 2025 pricing, according to Fitch Ratings’ survey from the annual Rendez-Vous gathering…Nov 14, 2024Nov 14, 2024
U.S. Commercial Auto Insurance Struggles. Challenges in Achieving ProfitabilityThe U.S. commercial auto insurance has struggled to achieve underwriting profitability for years, even before the inflationary conditions…Nov 14, 2024Nov 14, 2024
Published inForinsurerVenture capital funding for generative AI startupsVenture capital funding for generative AI startups is on track to exceed 2023’s record-breaking levels. In the first three quarters of…Nov 14, 2024A response icon1Nov 14, 2024A response icon1
Published inForinsurerU.S. P&C Insurance Industry Underwriting and Income HighlightsThe U.S. property and casualty insurance market is set for a return to underwriting profitability and significant improvements in return on…Nov 14, 2024Nov 14, 2024
Published inForinsurerD&O Insurance Sector Underwriting in 2024Underwriters in the Directors & Officers (D&O) insurance sector in 2024 continue to benefit from significant price hikes and refined market…Nov 14, 2024Nov 14, 2024
Published inForinsurerReinsurance Leverage and Investment ShiftsThe Best’s Special Report, notes that AM Best’s composite of reinsurers’ gross premiums written represented almost 90% of total reinsurance…Nov 14, 2024Nov 14, 2024
Published inForinsurerReinsurers will push for double-digit increases in U.S. premium ratesReinsurers are likely to push for double-digit increases in U.S. casualty premium rates during the January 2025 reinsurance renewals. This…Nov 14, 2024Nov 14, 2024