Underwriting & Pricing
Future of AIR Worldwide’s Touchstone to Include Non-Cat Risk Analysis
Catastrophe modeling firm AIR Worldwide on Monday announced that its next-generation software platform, Touchstone, will include the ability to account for both catastrophe and non-catastrophe risks ...
Commercial Insurance Prices Continue Steady Increase, Towers Watson Survey Shows
Commercial insurance prices rose by 6 percent in aggregate during the second quarter of 2013, marking the 10th consecutive quarter of price increases, according to the latest Commercial Lines ...
Let’s Not Exaggerate Alt Re Impact: Munich Re’s Jeworrek
With catastrophe excess-of-loss reinsurance premiums making up less that less than 10 percent of its overall portfolio, the influx of capital from institutional investors into the reinsurance market ...Munich Re Forecasts Stable Reinsurance Rates for January Renewals
Munich Re, the world's biggest reinsurer, said it expects stable rates for its property and casualty reinsurance at January price negotiations. "Prices will remain largely stable, chiefly due to the ...
Reinsurers Expect Struggle to Boost Rates in Buyers’ Market
Reinsurers may fail to increase rates they charge primary carriers for their backstop coverage when they begin price talks for 2014 in Monte Carlo this week. "I expect the market staying flat to ...
Lloyd’s Chairman Nelson: Investment Boom Puts Insurance At Risk
A flood of investment capital into structures linked to insurance could lead to instability and spark a new financial crisis if left unsupervised, a top official has warned. Billions of dollars from ...
Marsh Urges Carriers to End Cyber Clause Stalemate For Energy Firms
Continuing uncertainty surrounding the application of cyber-exclusion clauses is eroding the value of insurance and causing mounting concern among global energy firms, according to Marsh's latest ...
A.M. Best Weighs In With New Concerns on Aon-Berkshire Type Deals
Underwriting risk management practices could loosen up as insurers join forces with major brokers on what A.M. Best calls "mega" whole-account broker deals in the London market, the rating agency ...