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Property market softening to slow in 2026: RPS’s Rozzi

Many carriers are still pricing above technical rate, but could reassess their strategies after Q1.
Research
Research
Light cat losses at year-end portend capital deployment and return decisions in 2026.
Sizable reserve releases offsetting casualty reserve charges cannot last forever.
Softening rates amid worsening loss costs paints an uncertain future for the industry.
Kemper and Selective’s woes stem partly from own issues, but industry-level issues persist.
Latest news
Latest news
A quick roundup of today’s need-to-know news, including Pine Walk, Carnovis Specialty, Q3 Stat Data, and more.
The payment will cover what the filing called “foregone incentives at his former employer”.
The PE firm held 3.1% of the company’s shares, but will now hold none.
The city said it was self-insured at the time of the attack.
Perspectives
Perspectives
When owners are not paying attention, discipline and governance are not top priorities.
Unpacking how much excess capital there really is and dissecting the source of its returns.
Here’s the five-pillar playbook for insurers ready to move from pilots to profit.
Despite elevated ROEs, insurers have remained disciplined.
Interviews
The MGA is exploring new product lines including condos and renters, CEO John Chu said.
Building electrical capacity quickly requires carriers to do due diligence on who’s behind the new power plants.
The plaintiffs' bar has been playing out the same rulebook for 15 years. It’s time the defense catches up.
The broker said R&W rates rose to 2.8% in Q2 vs 2.5% in Q1.
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Analysis
Analysis
Insurers with SCS exposure reaped fewer benefits but still improved over Q3 2024.
Finance and insurance hiring is 27% below 2022’s peak, compared with 37% nationwide.
The mayor-elect has promised to build 200,000 new units in New York City.
Many nuclear verdicts become much less radioactive on appeal.
Insider on Air
Insider on Air
In Partnership with AXIS
Being able to make use of innovative AI features relies on having structured, organised and logical data.
AI and precise data can enable insurers to innovate policy durations, from annual to transaction-specific, offering more tailored coverage options, said Christina Lucas, Global Market Leader, Insurance, Google Cloud, during an interview at the PwC Insurance Summit.
Pushing 1 January renewals late in the season can undermine outcomes, said Maamoun Rajeh, President, Arch Capital Group. During an interview at the PwC Insurance Summit, Rajeh called for a bifurcated market approach combining strategic partnerships and a collaborative price discovery process months before renewals.
During an interview at the PwC Insurance Summit, SiriusPoint CEO Scott Egan highlighted the danger of pricing cycles. As pressure mounts after a quiet cat quarter, he urged reinsurers not to create pricing cycles by chasing volume at the expense of long-term industry attractiveness and risk adequacy.
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