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The impact of SAM claims is reverberating through the tower and the broader marketplace beyond hospitals.
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Chubb told insurers to look inward in the fight against LitFin, but insurers are also tied to that industry.
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The NYC taxi insurance market is on the brink of collapse. Regulatory relief has been nowhere to be found.
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Estimates on what a cat five in downtown Miami could cost vary, but it would be painful for reinsurers.
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Wildfires resulted in heavy losses for insurers focused on HNW, personal lines and reinsurance.
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As with 2024, pricing pressure has been most acute on top layers.
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Rates have fallen an average of 10%, though changes can be highly specific to each property.
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Litigation funding is a frequent bogeyman for the insurance industry. The feeling isn’t mutual.
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During first quarter earnings calls, insurers argued that they can mitigate volatility.
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Insurers haven’t announced concrete steps – yet.
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We assess the Bermudian’s standing amid waning investor sentiment and economic uncertainty.
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Secondary perils are no longer so secondary, but the losses are already priced in for commercial property.