WSIA 2022: Talent dearth, E&S growth, property exposures discussions

March 17, 2022

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The industry’s talent shortage, which is fueling team lift-outs, resignations and talent moves between companies, was among the top issues on the minds of attendees at the 2022 WSIA Underwriting Summit in Orlando, Florida, this week.

Insurance executives stressed that the shortage has driven labor costs up across the industry. In some cases, sources said, wages have increased between 25% and 35% over the last 12 months.

The

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WSIA 2022: Talent dearth, E&S growth, property exposures discussions

The industry’s talent shortage, which is fueling team lift-outs, resignations and talent moves between companies, was among the top issues on the minds of attendees at the 2022 WSIA Underwriting Summit in Orlando, Florida, this week.

Fuel a smarter strategy with our actionable market intelligence

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WSIA 2022: Talent dearth, E&S growth, property exposures discussions

The industry’s talent shortage, which is fueling team lift-outs, resignations and talent moves between companies, was among the top issues on the minds of attendees at the 2022 WSIA Underwriting Summit in Orlando, Florida, this week.

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Fuel a smarter strategy with our actionable market intelligence

Topics

CDI Commissioner Lara finalizes wildfire zone writing, cat model regulations

Aspen Q3 CoR up 2.5 points to 95.2% driven by reinsurance cat losses

Loeb’s Third Point exits AIG position after nearly two years

Twia estimates Beryl losses equivalent to cat fund balance at $455mn

NCCI snags Allianz commercial chief Ryan as new president and CEO

CDI Commissioner Lara finalizes wildfire zone writing, cat model regulations