Data & Research
Swiss Re Expects Approximately $1 Billion in Q4 Cat Claims
Swiss Re estimates it will pay claims of approximately $1 billion for natural catastrophes booked in the fourth quarter of 2018, with the largest generated from California wildfires and Hurricane ...
2018 Catastrophes Made ‘Muted Impact’ on Jan. 1 Renewals: Guy Carpenter
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 Remains Resilient Despite Huge Cat Losses: Aon
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 Lines Saw Q4 Rate Hikes; Workers Comp, Not So Much
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 ...
An El Niño Seems Likely to Emerge This Spring
There is a 65 percent chance of an El Niño weather pattern emerging during the northern hemisphere spring this year, a U.S. government weather forecaster said on Thursday. "However, given the timing ...
January Renewals Are Splitting Into Two Tracks: Willis Re
Reinsurance placements at Jan. 1, 2019 highlight a pricing gap between accounts with peak peril exposures, or poor loss records, and the rest, with many reinsurers placing emphasis on the quality of ...
Global Reinsurance Prices Are Falling, Even With Big Cat Losses: JLT Re
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 ...
U.S. Nonstandard Auto Market Makes Significant Strides: A.M. Best
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 ...