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Premium renewal rate increases have accelerated for most major commercial lines during the second quarter compared to Q1, except for umbrella and workers’ compensation, according to Ivans pricing data.
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On a call for the broker’s Q2 results, Marsh McLennan president John Doyle indicated overall pricing trends ahead of the full index’s publication.
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It’s still a great time to be a specialty insurer, but uncertainty about future prospects is mounting.
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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 cost of a new car gained 6% last month.
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The executive discussed InsurTech challenges, his priorities for Branch, fundraising, and his concerns about the capital markets.
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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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Free of past legacy issues, new E&S casualty insurers are putting forward aggressive pricing to win away clients from incumbents.
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Inside P&C’s news team runs you through the key highlights of the week.
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The state-backed carrier has seen massive growth in the distressed Florida market.
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Aon said supply chain disruptions are easing, shipping costs are receding and building materials and vehicle pricing are decelerating.
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Brokers may face pressure as the pricing cycle turns and estimates fail to keep up.