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Opinion: Florida capital raising environment not in the clear yet
Floir approved nearly 650,000 policies for takeout from Citizens for October and November.
Research
Potential for rate cuts at the upcoming Fed meeting should be an addressable event for P&C insurers.
Increasing loss picks in difficult lines suggest top writers are accepting shifting loss trends.
The highest releases in nearly 15 years challenge conventional wisdom on reserving.
Civil case, nuclear verdict and claims count data show worrying trends.
Latest news
A quick roundup of today’s need-to-know news, including Lockton, new PVT business and property rate declines.
Moody’s also predicts losses to the NFIP at less than $200mn.
Property rates had increased 25.5% one year ago, in Q2 2023.
Reinsurers will likely push for double-digit US premium rate increases.
More News
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MSIG USA appoints Sompo’s Thorogood as head of reinsurance
September 17, 2024 -
Plaintiff in suit against Lockton wins motion to remain anonymous
September 17, 2024 -
Vantage promotes Granda to head of political risk and credit
September 17, 2024 -
Dellwood brings on Sloan as director of excess casualty
September 17, 2024 -
BellTower invests into Ascot as former Carlyle CEO Lee appointed chairman
September 17, 2024
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Axis appoints Mitchell global markets head as Gregory retires
September 17, 2024 -
Cyber market rates won’t firm up until mid-2025: Converge CEO Kang
September 17, 2024 -
Brown & Brown makes senior leadership appointments
September 16, 2024 -
Over 80% of listed D&O clients saw H1 2024 cost reductions: Woodruff Sawyer
September 16, 2024
Opinion
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Core Specialty is the son of Validus refracted through an AFG lens
Adam McNestrie and Husain Rupawala
Monte Carlo postcard: Confidence wobbles on recent accident years for US casualty
US liability was a hot topic at the European conference.
Most Read
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Cyber market rates won’t firm up until mid-2025: Converge CEO Kang
September 17, 2024 -
US surplus lines market broke $100bn premium threshold in 2023: AM Best
September 17, 2024 -
Gillingham and Walsh to launch PVT business through United Risk platform
September 17, 2024 -
Moody’s RMS estimates Hurricane Francine losses at under $2bn
September 17, 2024
The executive struck a cautious note on the industry’s reserve adequacy for the 2021-23 accident years.
Expansion of the middle-market book is an ongoing focus.
The broker has seen an “outpouring of interest” from talent looking to join since the Truist exit.
The top four lines posted low-single digit to high-single digit policy count growth.
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