Underwriting & Pricing
Underwriting’s Next Job: Governance Steward
A decade ago, when an underwriter entered an incorrect number or misread a file, the damage was contained to one policy. One person, one mistake, one fix. Today, a single flaw in a model's logic or a ...
Who Gets Credit for Successful Renewal During Soft Re Market?
One theme that has come up repeatedly in conversations with reinsurance brokers recently is that achieving a good renewal outcome is no longer always enough to demonstrate value. That would have ...
Global Commercial Insurance Rates Keep Falling; Down 8 Quarters in a Row
Global commercial insurance rates dropped by 6%, on average, in the second quarter of 2026, following a 5% decline in Q1 2026, according to Marsh's latest Global Insurance Market Index (GIMI). ...
Deep Dive: Understanding Data Center Perils
An eastward shift in tornado alley is coinciding with the buildout of data centers in places like Northern Virginia, Texas, Illinois and Georgia, risk experts revealed during a recent reinsurance ...
AI Pushes Underwriting Beyond Risk Selection to Prevention
Artificial intelligence may touch nearly every function of property and casualty insurance, but insurance executives say the technology's greatest value so far is in changing how underwriters ...
How to Improve Small Commercial Property Underwriting
Severe weather volatility and rising loss severity are placing sustained pressure on the small commercial property insurance landscape. Weather-related events now account for more than 65% of U.S. ...
Storm Counts, Landfalls and Losses: The Hidden Risk Behind a ‘Quiet’ Hurricane Season
Some observers may label the 2025 Atlantic hurricane season as a "quiet" year due to zero U.S. hurricane landfalls, but from an insurance and catastrophe risk perspective, that conclusion misses the ...
U.S. Personal Lines Insurers Ask for Less Rate After Period of Catch-Up
It appears as though auto and home insurers have caught up, appropriately matching premium to risk in their portfolios. According to a new report from insurance industry rating agency AM Best, rate ...