Content from L.S. Howard
Buyer-Friendly April Reinsurance Renewal Bodes Well for Mid-Year Renewals: Brokers
The April reinsurance renewals saw a competitive, buyer-friendly market with plentiful capacity and price reductions for loss-free accounts – in a continuation of the favorable market conditions ...
MS&AD Insurance Group Announces Merger of 2 Non-Life Subsidiaries
MS&AD Insurance Group Holdings Inc. announced it will merge two of its non-life insurance company subsidiaries – Mitsui Sumitomo Insurance Co. Ltd. and Aioi Nissay Dowa Insurance Co. Ltd. This ...
Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs
Lloyd's executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5 percent premium growth while maintaining underwriting discipline. Lloyd's saw a ...
The Doctors Co. Buys Med Mal Insurer ProAssurance in $1.3B Go-Private Deal
The Doctors Company said it has entered an agreement to acquire ProAssurance Corp. for $1.3 billion, taking the company private. Birmingham, Ala.-headquartered ProAssurance is a specialty insurer ...
Aon’s President Andersen Steps Down; CEO Case Assumes Additional Role of President
Insurance broker Aon plc announced that Eric Andersen has transitioned from his role as president to serve as a senior adviser to Greg Case, CEO of Aon, through June 2026. The role of president now ...
U.S. Property-Catastrophe Reinsurance Rates Likely to Stabilize During Midyear Renewals
Reinsurance renewal rates continued dropping during this year's January renewals, but U.S. property-catastrophe reinsurance pricing is likely to stabilize during the coming midyear renewals, ...
Global Commercial Insurance Rates Drop in Q4 for 2nd Consecutive Quarter: Marsh
Global commercial insurance rates fell 2 percent in the fourth quarter of 2024 following a 1 percent decline in Q3 2024 — marking the second consecutive quarterly decrease following seven years of ...
LA Fires Could Consume 30% of European Reinsurers’ Natural Disaster Budgets: Fitch
The Los Angeles wildfires could consume more than 30 percent of the aggregate natural catastrophe budgets set for 2025 by Europe's four largest reinsurers – Swiss Re, Munich Re, Hannover Re and ...