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Shared and layered accounts are seen as reaping the biggest benefits. -
Growth concerns were top of mind at this year’s conference.
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Property underwriters are ‘competing fiercely’ to access mining risks.
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As both carriers and reinsurers deal with softening markets, all eyes are on hurricane-prone areas.
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The request cites use of Verisk’s forward-looking wildfire model.
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Insurers continue to compete on price, especially in the SME sector.
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Trailing three month premiums were up 7.2% versus 13.1% in August.
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Juries don’t significantly differentiate in cases involving severe injury.
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California’s insurance regulator has Fair Plan depopulation, cat models on his mind.
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Rates continue to be favorable for buyers across major lines of coverage.
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Global pricing is now 22% below the mid-2022 peak.
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The proposed changes aim to establish clear guidelines for intervenors.
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