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Wildfires resulted in heavy losses for insurers focused on HNW, personal lines and reinsurance.
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As with 2024, pricing pressure has been most acute on top layers.
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Rates have fallen an average of 10%, though changes can be highly specific to each property.
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Litigation funding is a frequent bogeyman for the insurance industry. The feeling isn’t mutual.
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During first quarter earnings calls, insurers argued that they can mitigate volatility.
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Insurers haven’t announced concrete steps – yet.
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We assess the Bermudian’s standing amid waning investor sentiment and economic uncertainty.
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Secondary perils are no longer so secondary, but the losses are already priced in for commercial property.
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Insurance Insider US explores the economics of the lift-out growth strategy.
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After seven years of premium rate growth, rates are down 5% to 40% across the US.
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The larger awards over the past two years could serve as an anchor for future verdicts.
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Trade credit and marine are among the lines facing direct impacts amid a broader inflationary challenge.