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Bermuda-based insurers and reinsurers continue to be tested by challenging market conditions, including heightened catastrophic losses and diminishing competitive advantage resulting from U.S. tax ...
Workers compensation insurers are ongoing targets for technology investments designed to keep the sector competitive and boost performance. Without it, market consolidation is likely, Fitch Ratings ...
Economic costs of 2018's 394 natural catastrophe events came to $225 billion with insurance covering $90 billion of the overall total. The results reflect the fourth costliest year on record of ...
Business interruption and cyber incidents remain the top two business risks, but other challenges such as tariffs and Brexit are gaining ground, according to the 2019 Allianz Risk Barometer. ...
The overall impact of catastrophe losses on property rates was muted at the Jan. 1, 2019 reinsurance renewals, but the fourth-highest annual catastrophe loss year on record did create questions over ...
Global reinsurance capital – comprising traditional and alternative capital – fell 2 percent in 2018 to $595 billion from $605 billion in 2017, remaining resilient in the face of insured natural ...
Most commercial insurance lines experienced rate increases for the 2018 fourth quarter, with workers compensation continuing to serve as a notable exception, according to the latest IVANS index ...
JLT Re's global property-catastrophe reinsurance index fell 1.2 percent in Jan. 1 policy renewals, the broker said on Wednesday, dashing the industry's hopes of higher reinsurance premiums after a ...
A 102.2 combined ratio may not be seem very good. For the U.S. nonstandard auto market, however, it represents a big improvement over past performance. A new A.M. Best report concluded the market ...
Alliant hired a Willis Towers Watson veteran as Senior Vice President. The Insurance Information Institute hired a new Vice President and Senior Economist, who will handle areas including research, ...
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