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Week in Brief: A taxi ride to ruin, NFIP underwater, Ryan-Innovisk risk
A quick roundup of our best journalism for the week.
Research
Worrisome trends in the line may be warning signs of worse to come.
The “Golden Age of Specialty” continues in the Q3 releases of these specialty companies.
The broker’s acquisition amid shifting tides is likely the beginning of a larger M&A uptick in the space.
Asbestos claims for exposed insurers could place more pressure on workers’ comp reserves.
Insider on Air
Claims professionals and leaders at the International Association of Claims Professionals conference in Orlando said the industry must work together to stem the rising cost of social inflation.
Marko Ninkovic, Head of Claims Specialty at Brit, explains the growing challenges of war risk claims and modern piracy, at the International Association of Claims Professionals Conference in Orlando.
Lucy Pilko, CEO of the Americas at AXA XL, discusses the growth in E&S markets, cyber risk preparedness, and industry challenges in an evolving risk landscape at WSIA.
It’s critical that insurers help clients to evolve and manage new and different risks stemming from AI, said Lucy Pilko, CEO of the Americas for AXA XL at RISKWORLD in San Diego.
Latest news
A quick roundup of today’s need-to-know news, including AJ Gallagher, SiriusPoint and Fairfax.
It is understood the executive will join the carrier later this year.
Executives noted that US casualty and professional lines development has been close to flat this year.
Andrade flagged expected 5% to 10% increases in the US and Europe.
More News
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FHCF share of Milton losses projected at between $1.6bn to $5.8bn
October 31, 2024 -
RiverStone International closes $1.2bn LPT deal with QBE
October 31, 2024 -
Helene accounted for around 45% of Arch’s Q3 cat losses: CFO Morin
October 31, 2024 -
Liability drove commercial price gains in Q3: The Hanover CEO
October 31, 2024 -
Chubb appoints Romanelli and Sosa regional LatAm presidents
October 31, 2024
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Axis expects to grow primary casualty book next year: CFO
October 31, 2024 -
James River seeks to close strategic review with final legacy deal
October 31, 2024 -
Rates had minimal impact on WTW’s results: Hess
October 31, 2024 -
Ryan Specialty paid $45mn for EverSports, $44mn for Ethos P&C
October 31, 2024
Opinion
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Will Milton slow Florida Citizens’ takeout progress?
Farhin Lilywala -
Twia depopulation needs to be a priority
Shelby Rosenberg
Introducing the Insurance Insider US M&A Deal Tracker
In our new database, you can find all of the key data points on P&C commercial lines deals in our coverage universe in one place.
Most Read
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Where does the NFIP stand after Helene and Milton?
October 31, 2024 -
James River seeks to close strategic review with final legacy deal
October 31, 2024 -
WTW posts 6% Q3 organic growth with 10% risk and broking expansion
October 31, 2024
In an interview with this publication, Lara said "everything’s on the table" for future reforms.
Praedicat CEO Bob Reville outlined the firm’s approach to "casualty cat" as liability risk modeling continues to mature.
Admitted markets are not coming back to property as strongly as in past cycles, the executive said.
Casualty will likely fuel some of the E&S growth, the executive said.
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