Underwriting & Pricing
Lighting Losses Fell for Insurers in 2013, But Average Claim More than Double Since 2004
Insured losses to homes from lightning strikes in the United States fell to their lowest level in a decade last year, as severe thunderstorm activity eased from near-record levels and dry weather ...
1990s Soft Market Redux? Not Quite, But Global Re Outlook Negative, Says Moody’s
In June, Moody's Investors Service changed its outlook on the global reinsurance sector to negative from stable, noting that the current soft market has traits similar to the one that persisted in ...
House Opposes Boost in Truckers’ Minimum Insurance Limits
The House of Representatives voted narrowly this week voted to block the federal government from raising the minimum liability insurance limits for truckers as recommended recently by the regulatory ...
Top 10 Commercial Auto Insurers: Five-Year Underwriting Performance 2009-2013
A review of statutory underwriting results for the top 10 writers of commercial auto insurance reveals that those with the highest growth rates over the last five years also had the best combined ...
Commercial Auto Insurers Still Struggling
Underwriting results in most commercial lines insurance segments have noticeably improved over the last two years. However, commercial automobile insurers continue to struggle as this industry ...
Let’s Dance, Say Reinsurance Leaders With Mergers on Their Minds
Even though his appetite is temporarily sated from two key acquisitions in recent years, the leader of SCOR says the M&A "dancing floor will be open" across the reinsurance industry going ...
Q1 2014 Commercial Insurance Prices Up 4%; Rates Moderating: Towers Watson
Commercial insurance prices increased by 4 percent in aggregate during the first quarter of 2014, marking the lowest level of growth since fourth-quarter 2011, according to a new survey by Towers ...
Mining Underwriting Opportunities With CoMeta
Speaking during a session at the Advisen Casualty Insights conference in March, Robert Reville, the chief executive officer of Praedicat, noted that while all mass litigation, historically, has been ...