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Larger, better performing, more diversified and more E&S-heavy insurers will be better able to prosper in a more volatile environment.
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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 energy crisis came in as a top-four concern, with 44% of respondents expressing worries over fuel costs, supply disruptions, inflation and the effects of Russia’s invasion of Ukraine.
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Private flood insurance accounted for about 40% of total flood insurance premium in California, higher than Florida’s 15%.
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Starr Insurance Companies will issue the insurance policy to protect against the non-payment risk typically held by financiers.
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Inside P&C’s news team runs you through the key highlights of the week.
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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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Month to month, the motor vehicle insurance index in December recorded a 0.6-point increase.
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Price-to-book multiples for insurers have increased materially over the last two years, but drops in equity partially drove the increase due to unrealized losses.
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The ending of an exclusivity arrangement also allows Berkshire Hathaway to offer reinsurance to Australian rivals.
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Long-term, structural challenges in the class have now been laid bare following the contraction in the treaty market.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.