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Category: Trends


Financial, Risk Management, Trends

Reinsurance price gains sustainable, margin gains lower than P&C: Analysts

April 16, 2021

Via: Artemis BM

Price gains achieved by reinsurance underwriters are likely to prove generally more sustainable than those achieved by property and casualty (P&C) insurance carriers, but margin gains may prove lower due to the unique pressures reinsurers face, according to Morgan Stanley […]


Financial, Risk Management, Trends

Reinsurance rates may increase into 2022, but momentum to wane

April 13, 2021

Via: Artemis BM

Reinsurance rates and pricing are expected to increase again at the upcoming mid-year 2021 June and July renewals, likely increasing further into 2022 as well, but by next year these rises may be losing momentum, Fitch Ratings believes. After three […]


Risk Management, Trends

Insurance premiums a taxing issue for filers

April 8, 2021

Via: Business Insurance

Are insurance premiums tax-deductible? Forty-nine percent of Americans think so, according to a recent survey of 1,550 people conducted by the consumer research and analysis website ValuePenguin.com. That means people could be heading for trouble with the Internal Revenue Service […]


Risk Management, Trends

April reinsurance renewals follow trend, as pricing remains firm: Willis Re

April 1, 2021

Via: Artemis BM

As anticipated, the April 1st 2021 reinsurance renewals followed the trends set earlier in the year, with pricing generally firm despite adequate capacity levels, according to the latest 1st View report from broker Willis Re. The April reinsurance renewals were […]


Risk Management, Trends

Rising combined ratios, lower capital, to drive Florida reinsurance demand

March 29, 2021

Via: Artemis BM

At the upcoming mid-year reinsurance renewals our sources suggest there could be increased demand for reinsurance protection coming out of Florida, despite the delicate financial position of many insurance carriers focused on the state. The twin effects of another year […]


News, Risk Management, Trends

Citizens’ CEO: Florida Property Insurance Market is Shutting Down

March 19, 2021

Via: Insurance Journal

Florida’s insurer of last resort, Citizens Property Insurance Corp., has become the insurer of first resort as thousands of new policies flood into it each week and the private homeowners insurance market continues its downward spiral. “The reality is the […]


Risk Management, Trends

Reinsurers disappointed with January renewals: S&P

March 3, 2021

Via: Reinsurance News

Analysts at rating agency S&P global ratings have noted that reinsurers feel they haven’t fully benefitted from their results, despite the global reinsurance pricing gains from the January renewals. S&P Global RatingsAlthough this year’s renewal season started with high hopes, […]


Risk Management, Trends

Insurance M&A deals keep rolling in

March 2, 2021

Via: Business Insurance

Mergers and acquisitions activity in the insurance sector was strong in 2020 despite COVID-19 and is expected to remain robust in 2021 as rising commercial insurance rates bolster earnings, making insurers attractive targets, and “deployable capital” remains abundant, analysts and […]


Risk Management, Trends

M&A in insurance distribution continues to soar to record heights

February 24, 2021

Via: Insurance Business

RESILIENT. It’s a term often used to describe the insurance distribution market, and one that continues to attract the hungry eyes of the investment community. Despite the COVID-19 pandemic and resulting socio-economic challenges – a global recession and strained labor […]


Risk Management, Trends

WTW introduces reputational crisis insurance solution

February 22, 2021

Via: Insurance Business

Willis Towers Watson (WTW), together with global specialty and commercial insurance products provider Liberty Specialty Markets, has launched a new insurance product designed to help organizations deal with reputational crises. The new reputational crisis insurance was developed through an exclusive […]