Property

Even clean accounts in the admitted space are seeing rate increases of 15% year on year, while loss-hit accounts in Florida were slapped with a 100% rate increase for June 1.

Recently released statutory data shows the US P&C industry loss ratio touching the 65% mark, the highest level in two decades.

The US National Oceanic and Atmospheric Administration (NOAA) has forecast “near normal" hurricane activity in the Atlantic this year.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Early private deals have provided far more stability in this year’s renewal than last.

The average increase in commercial property premiums was 20.4% during the quarter due to inflation, natural catastrophes and persisting supply chain issues.

Reinsurers are starting to see increased demand from personal lines, where valuations are being updated to match inflation.

In connection with the transaction, Amwins and Flexpoint will each appoint a representative to the SageSure board of managers.

Strong results reflect tailwinds in the E&S space, but social inflation will be a trend to watch.

Inside P&C’s news team runs you through the key highlights of the week.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Client fatigue has transitioned to frustration as buyers face a hard commercial property market and inconsistency of coverage.