What Industry Executives Are Saying About Loss Reserves, Social Inflation
Carrier Management » Reinsurance
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1w ago
At carriers and reinsurers that announced reserve loss charges taken during fourth-quarter 2023, and even at some that did not, executives discussed the "problematic accident years" and lines of ..read more
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Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says
Carrier Management » Reinsurance
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1w ago
Predictions that the property/casualty insurance industry is in the midst of repeating the type of loss reserving cycle that accompanied the hard market of the beginning year of this century may be ..read more
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Bridge Collapse Will Add to Reinsurance Challenges: AM Best
Carrier Management » Reinsurance
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1w ago
"Reinsurers will bear the bulk of the insured cost of the collapse of the Francis Scott Key Bridge in Baltimore," said Mathilde Jakobsen, senior director, analytics, AM ..read more
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Re Buyers' Market Prevails So Far; Reinsurers Seeking Growth
Carrier Management » Reinsurance
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1w ago
In separate reports this week, brokers Aon and Gallagher Re described a buyers' reinsurance market for April 1, 2024 property and specialty renewals as reinsurer profit margins benefited from last ..read more
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Time-Tested Loss Reserving Methods Challenged: AM Best
Carrier Management » Reinsurance
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1w ago
Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve strengthening for accident years 2015-2019 to continue ..read more
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E&S Property In Focus: Competition Up, Price Momentum Waning
Carrier Management » Reinsurance
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1w ago
During separate earnings conference calls this week, executives of two property/casualty specialty writers—W.R. Berkley Corp. and RLI Corp.—signaled a changing E&S property insurance market ..read more
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Inflation Contributes to Rising Loss Costs for U.S. Commercial P/C Insurers: Fitch
Carrier Management » Reinsurance
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2w ago
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Pennsylvania Issues ‘Expectations’ for Carriers Regarding AI Use
Carrier Management » Reinsurance
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2w ago
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HSB, Coalition Unveil Cyber Insurance Innovations: Cyber Auto; Affirmative AI
Carrier Management » Reinsurance
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2w ago
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Survey: Real Estate Investors Concerned With Rising Insurance Premiums
Carrier Management » Reinsurance
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2w ago
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