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FM to post mid-70s CoR for 2025: COO Hodge
With property getting more competitive, FM pursued an opportunity for growth in E&S with Velocity.
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Despite a softening market, underwriters were still able to attain up to 10% above technical pricing. -
Similar bills targeting fossil fuel firms have been introduced in other states.
Research
Research
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.
Success in the soft market will be had when careful preparation meets opportunity.
Fears of the oncoming soft market are causing a sector rotation away from P&C.
Opinion
Opinion
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The Everest deal gives AIG a year’s worth of growth in a stalled market
Adam McNestrie and Mehr Gill
Latest news
Latest news
A quick roundup of today’s need-to-know news, including CRC and Euclid talks.
Senators asked for data on fraud but weren’t given any.
Parties will now brief on a request for a preliminary injunction on an expedited timeline.
The carrier is currently focused on ~$1bn bolt-on acquisitions.
Featured
Featured
Featured
Bamboo can expand nationwide post $1.75bn CVC buy-in: CEO Chu
The MGA is exploring new product lines including condos and renters, CEO John Chu said.
Most Read
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
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.
After outsized losses, the (re)insurer still sees opportunity in a softening market.
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Analysis
Analysis
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.
State regulators have largely avoided enforceable AI regulations, but bad news could change that.
Insider on Air
Insider on Air
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.
In Partnership With
PwC
PwC Partner Matt Britten predicts a wave of dealmaking in 2026, driven by diversified third-party capital from hedge funds, private equity and more. With reinsurers seeking growth and new asset classes emerging, the market is set for increased activity and innovation, he said during an interview at PwC's Insurance Summit.
Upcoming webinars
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In Partnership with Moody's
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In Partnership with M&A Services
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In Partnership with Moody's
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