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Increased antitrust activity and the NFIP’s dissolution would present new challenges for the industry. -
The future of E&S, the wholesale landscape and casualty pricing are topics up for discussion.
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The new unit is part of HDI’s expansion of its specialty product offerings.
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PVT business has been attracting new capacity after recent rate increases.
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SMEs represented 98% of cyber claims from 2019-2023 totaling $1.9bn.
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The MGA noted a 17%-20% price decline last year and expects similar for 2024.
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There has been an exodus of hull premium from the London market to Nordic carriers since 2014.
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Potential for rate cuts at the upcoming Fed meeting should be an addressable event for P&C insurers.
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The company sees the surety market as a ‘highly attractive’ segment
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Amwins anticipates market softening will continue, absent loss ratio concerns.
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Improved profitability has led some insurers to increase their own retentions.
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Expansion of the middle-market book is an ongoing focus.
