-
The MGA noted a 17%-20% price decline last year and expects similar for 2024.
-
Renewals with flat or increased premiums are on the rise, however.
-
Reinsurers will likely push for double-digit US premium rate increases.
-
There has been an exodus of hull premium from the London market to Nordic carriers since 2014.
-
The duo have several years’ experience in specialist construction risk.
-
Potential for rate cuts at the upcoming Fed meeting should be an addressable event for P&C insurers.
-
The deal marks Sentry’s largest transaction in its 120-year history.
-
The lawsuit alleges the data is being used by insurers to increase premiums.
-
Francine has been the eighth Category 2 or larger storm to make landfall in Louisiana since 2000.
-
The company sees the surety market as a ‘highly attractive’ segment
-
US liability was a hot topic at the European conference.
-
Legal trends, the primary pricing micro-cycle and other factors all play into an opaque outlook.