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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
The US continues to experience catastrophic flash flooding and heavy rainfall events that are impacting “inland” areas across the country, as well as coastal areas.
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The facility will support quota share capacity with Anchor Re on behalf of SageSure carrier partners.
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Carriers will address exposure to catastrophe losses, higher reinsurance costs, macroeconomic factors and inflation.
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Across Mississippi, Alabama and Tennessee, around 34,000 customers remained without electricity as of Monday morning.
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The new 2022 stat data shows personal lines premium has grown year-over-year, but the loss ratios have been hit hard by catastrophes and loss cost inflation.
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Business is surging into the E&S market, with rates up in the triple digits in some instances, as carriers combat claims volatility.
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2022 statutory data is now available, and results show winners and losers
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Intermediaries have highlighted the ‘evolution’ in reinsurance buying as hard market conditions are expected to continue.
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Carrier and broker sources canvassed by this publication indicate that whatever they imagined pre-January 1 reinsurance renewals, the community is experiencing an even harder market.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
