A convergence of global events has led to the hardest property-catastrophe reinsurance market in a generation and a "complex," "grueling" and "late" January renewal ...
Prices rose, but threatened coverage changes haven't materialized during a delayed 1/1 reinsurance renewal period, according to reinsurance broker Guy Carpenter. Referring to Jan. 1, 2023 as "one of ...
Insurance reforms passed in Florida's most-recent legislative special session will lead to much-needed relief to the state's homeowners market, but the impact won't be immediate, AM Best analysts ...
White Mountains Insurance Group, Ltd. announced today that Ark Insurance Holdings Limited, its specialty property/casualty reinsurance and insurance subsidiary, has sponsored the formation of a ...
Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and exchanges uninsured for any ...
Munich Reinsurance America Inc. announced the retirement of Anthony J. Kuczinski as chief executive officer of Munich Re U.S. P&C Companies and of Munich Re U.S. ...
Late last week, AM Best published a commentary ahead of this week's special legislative session in Florida predicting that "without immediate and substantive long-term legislative reforms," further ...
Connect Underwriting Ltd., a London-based specialist reinsurance managing general agent, announced the availability of new capacity via Pixel Re, a new dedicated, ...
Will 2023 reinsurance renewals mark a turning point to a "true hard market" that attracts "new capital in droves" and expands supply? Analysts from AM Best raised the question in a new Best's Market ...
Scientists have been sounding the climate-change alarm for decades. But despite these dire warnings, a large swath of the public still refuses to believe, and both policymakers and businesses have ...
