Casualty/GL
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The magnitude of the hurricane may impact reinsurers’ capacity deployment. -
Reinsurance capacity is largely stable but that doesn’t mean discussions will be a smooth ride.
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Praedicat CEO Bob Reville outlined the firm’s approach to "casualty cat" as liability risk modeling continues to mature.
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Third-party litigation funding has been linked to rising casualty insurance prices.
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Attendees concurred that they don’t expect the “Golden Age of E&S” to end anytime soon.
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Idaho and Minnesota far outpaced other reporting states in premium growth, stamping office data shows.
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Reinsurers will likely push for double-digit US premium rate increases.
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US liability was a hot topic at the European conference.
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Increasing loss picks in difficult lines suggest top writers are accepting shifting loss trends.
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The lawsuit names additional attorneys, doctors and medical practices.
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The company is currently “underweight” in that line of business, he added.
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The reinsurer constructed a “social inflation index” for a new study.
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