Underwriting
Munich Re Forecasts Stable Reinsurance Rates for January Renewals
Munich Re, the world's biggest reinsurer, said it expects stable rates for its property and casualty reinsurance at January price negotiations. "Prices will remain largely stable, chiefly due to the ...
Reinsurers Expect Struggle to Boost Rates in Buyers’ Market
Reinsurers may fail to increase rates they charge primary carriers for their backstop coverage when they begin price talks for 2014 in Monte Carlo this week. "I expect the market staying flat to ...
Reinsurers Could Face Pressure to Lower Rates Amid Capital Oversupply
Munich Re and Swiss Re Ltd. are among reinsurers likely to face further pressure to lower the rates they charge clients as the capital available for backing policies remains near a record high, ...
Marsh Urges Carriers to End Cyber Clause Stalemate For Energy Firms
Continuing uncertainty surrounding the application of cyber-exclusion clauses is eroding the value of insurance and causing mounting concern among global energy firms, according to Marsh's latest ...
A.M. Best Weighs In With New Concerns on Aon-Berkshire Type Deals
Underwriting risk management practices could loosen up as insurers join forces with major brokers on what A.M. Best calls "mega" whole-account broker deals in the London market, the rating agency ...
Wells Media Launches Carrier Management Print Magazine
Wells Media Group Inc. has launched a new print publication, Carrier Management Magazine, for property/casualty (P/C) insurance executives. This magazine launch follows the spring debut of the ...
Predictive Analytics: Bringing Price Elasticity Concepts to P/C Insurance
The concept of price elasticity of demand has not received enough attention in the world of property/casualty insurance. Regulatory hurdles, a tradition of cost-plus pricing and maybe even an ...
Arkansas Homeowners Settle Suit Charging Fracking Wastewater Caused Quakes
Five Arkansas residents who sued two oil companies claiming wastewater disposal wells from fracking caused earthquakes that damaged their homes settled with the companies for an undisclosed sum on ...