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Through the reciprocal exchange, the homeowners InsurTech plans to enter new markets in the first half of 2023, including catastrophe-prone states.
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InsurTechs use of “me-too” filings and competitor rates have us wondering, where is the innovation?
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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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Although 2022 was on balance, a good year, macro-economic issues such as a slowing economy, falling employment, and loss cost reversion could create an overhang for 2023.
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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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The carrier had earlier signalled that uncertainty over reinsurance would affect its ability to write new business.
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Inside P&C walks you through the highlights of 2022.
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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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Personal lines insurers see a vastly different outlook in 2022 than 2021 and their reserve development reflects this.
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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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The updated loss and allocated loss adjustment expenses in the property segment from the hurricane is now $1bn.
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This price hike contributed to a premium increase of $695mn in the month, bringing the year-to-date impact of 2022 rate increases to $3.6bn.