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Pandemic Losses Forestall Liability Insurance Turnaround
Projecting future property/casualty insurance market profit is always challenging. The economic and social impact of the ongoing coronavirus pandemic greatly compounds the uncertainty of this effort. ...
More Class of 2020 Reinsurers Unlikely
The Class of 2020 already has a new member, but it's not a true startup, the chair of the company said recently. Speaking at the KBW Insurance Conference in early September, Sid Sankaran, chair of ...
What Happened to Hedge Fund Reinsurers?
The latest group of reinsurers to emerge in the Bermuda market is starting to look different. Even the name that once described the cohort has changed in the past five years. And at least one member ...
Between a Rock and a Hard Place: Insurers Struggle With Policy Rewrites
Commercial insurers are engaged in coverage language rewrites en masse this year, but "The Great Policy Rewrite" faces some serious obstacles, a coverage lawyer said recently. Even if carriers are ...
COVIDigation Nation Revisited: Analyzing the Late Summer Surge
Hello, devoted COVIDigation Nation readers. This is article two in a series tracking insurance lawsuits related to COVID-19 business claims (i.e., COVIDigation). It's kind of like a serial comic ...
Why Product Diversification Into E&S/Specialty Matters: A Q2 Top-Line Analysis
Looking at the second-quarter earnings reports of leading insurers, the argument for product diversification has never been stronger. Results are in from this COVID-impacted quarter, and they ...
Hardening Re Market Doesn’t Look Like Mid-1980s or 2005
Reinsurance price hikes and capacity changes are not reminiscent of prior hard markets, participants said in quasi-Rendez-Vous meetings, with some going as far to say that current price changes are ...
COVID-19 Crisis Reveals Contract Clarity Lessons, Digital Opportunities: Flandro
In every crisis, lessons must be learned, but opportunities also are revealed. And so it goes with the COVID-19, which has shown the need for contract certainty in the re/insurance industry, while at ...