Markets
Loss-Free Property Cat Rates Fall 5-15% as Reinsurer Appetite Grows: Guy Carpenter
Global reinsurers' appetite rose for property catastrophe during the upcoming January renewals, which have seen risk-adjusted reinsurance rate reductions of 5-15 percent for loss-free accounts, ...
2025 Underwriting Profit and ‘Shop-a-Palooza’ Predicted for Auto Insurance
2024 was another tough year for personal lines insurers and their customers. In this space in late 2023, I wrote that seven of the 10 most read articles of 2023 were about the impacts of inflation ...
Study: Widening Gap Between Cyber Attack Causes, Public Perception
A new study from Hive Systems, a global provider of cybersecurity services and products, finds that the public and media are misaligned when it comes to actual cybersecurity risks, leaving ...
Catastrophe-Bond Issuance Pushes Overall Market to Almost $50 Billion
Catastrophe bond issuance rose to a record this year, increasing the overall market to almost $50 billion, as insurers transferred more risk from costly climate disasters to private investors. Sales ...
Reporter’s Notebook: ‘Nobody Else Does Telematics,’ Lemonade Exec Says
Executives speaking at Lemonade's Investor Day event late last month made several statements suggesting that their approaches to personal lines insurance set the technology company apart from the ...
RiverStone International to Provide Loss Portfolio Transfer for Zurich Insurance
RiverStone International, the London-based provider of legacy solutions, announced it has signed an agreement with the French branch of Zurich Insurance Europe and Zurich Insurance Co. to provide a ...
Safeco to Stop Writing New Condo and Renter Policies in California
Safeco, a Liberty subsidiary, is preparing to stop writing new condo and rental policies in California at the beginning of next year. Liberty stopped writing new condo or rental customers under its ...
Most Distracting Holiday Songs for Drivers Ranked
A personal injury lawyer warns that slippery roads and congested highways aren't the only problems that drivers have to contend with during the year-end holiday season. Listening to Andy Williams ...