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The carrier said a greater number than usual of North Atlantic storms are possible despite El Niño conditions.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The risk of US wildfire in 2023 is expected to be lower than in recent years, except in the Pacific Northwest, namely Oregon, Washington and Montana, according to analytics firm ZestyAI.
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Inside P&C’s news team runs you through the key highlights of the week.
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The first quarter of 2023 has already gone down as the costliest on record for the peril in the US.
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Capacity is still short of demand, even in the non-admitted market where carriers are not subject to regulatory approval for prices.
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Inside P&C’s news team runs you through the key highlights of the week.
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Axa’s lack of success in selling its more volatile XL Re segment has led the insurer to cut back on those lines, but the current rate environment makes this a good time to revisit a sale.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The utility previously bought a $1bn policy from the (re)insurance market.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Personal lines underperform predictions, while brokers and InsurTechs are a positive surprise (for now).