-
Inside P&C’s morning summary of the key stories to get you up to speed fast. -
As demand for coverage across a growing number of evolving risks grew, surplus lines premium reached a record $82.7bn last year.
-
The broker found reinsurers’ underlying RoE had improved during the period but still fell short of the cost of capital.
-
A Moody’s survey of reinsurance cedants found most are expecting cat rate increases to remain in a high-single-to-low-double-digit bandwidth.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
Less confidence in the ability of insureds to properly value property will make insurers seek to hedge concerns through coverage restrictions or rate increases.
-
Consumers expect broad inflation to be around 5% to 6% over the next year but return to pre-Covid levels in the medium term.
-
The carrier's president said in some areas of the market, (re)insurers are dropping pricing too soon.
-
With pricing decelerating and loss-cost trends potentially reversing, regionals should continue to execute on their present strategy.
-
Prices moderated in multiple lines, although property remains hard, and strong cyber demand continues.
-
Odyssey Group’s cyber chief Robert O’Connell is looking to raise up to $1bn of capital for a monoline cyber reinsurer.
-
The ratings agency also revised the outlook for the long-term rating to ‘stable’ from ‘negative.’
Most Recent
