Archive

AM Best predicts significant losses in commercial lines from Taiwan earthquake

Earthquake hit Taiwan's east coast yesterday morning

State Farm has rating cut as hit by challenging market conditions

Baltimore bridge collapse: insured losses to run into billions of dollars

The disaster will also strongly impact the International Group of P&I Associations

US P&C suffered biggest underwriting loss in over a decade last year

Investment gains masked underwriting decline, AM Best finds

Korean ICS puts pressure on insurers' capital management

But higher interest rates and transitional measures mitigate burden on solvency ratios, says AM Best

777 Re downgraded to junk status

AM Best says Bermudian life reinsurer's balance sheet is "very weak"

Social inflation puts casualty re/insurers under continued pressure

AM Best says third-party litigation funding continues to drive social inflation in the US

Noto Peninsular earthquake likely to trigger $5.3bn insured losses, says Global Data

AM Best flags possible reinsurance rate hikes in April renewals

AM Best flags further worsening in cost and availability for Californian property cover

Using historic data for pricing increasingly "unwise" as new climatic paradigm emerges

P&I Clubs rate hikes needed for "price adequacy" in next week's renewals, says AM Best

Hikes of between 5% to 7.5% are expected, lower than 10% seen a year ago