Sentiment scores are down across the industry, indicating pessimism regarding inflation and the economy.
Insurers could face pressure if interest rate and recession fears intersect with worsening loss cost trends.
The classic and collectible car insurer has a different risk profile than other carriers.
The firm has a similar market share to peers in states with high fatalities and new vehicle registrations.
The company named former Third Point Re CEO and former global distribution president Daniel Malloy as interim CEO.
The trend of inflated severity has been evident in the Q1 results of personal lines carriers including Kemper, Progressive, Berkshire’s Geico, The Hanover Group and Allstate.
Piraeus Bank bought the action against Antares over the detention of a vessel in Venezuela in 2015.
May 17, 2022
In the 11th episode of Inside P&C’s podcast, Unreserved, Kinsale CEO Michael Kehoe sits down with Inside P&C's acting managing editor, Adam McNestrie.
The classic car insurer goes public but might have to pay a price for growth later.
The Inside P&C Research team looks at what subsectors the new class of InsurTechs is targeting.
Activist investors are successfully learning how to navigate a regulated industry.
Inside P&C’s morning summary of the key stories to get you up to speed fast.
The executive said recent volatility may lead some peer companies to delay their public debuts.
His comments come on the heels of Markel’s announcement last week that the co-CEO plans to retire by March 31, 2023.
The business performance is on track for an eventual flotation, but the date will depend on stock market conditions, the CEO said.
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In an interview with this publication, the executive said the broker will consider M&A in its bid to expand.
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Swiss Re’s Sector Re includes aviation coverage, while some direct ILS exposures exist in marine retro where firms like ILS Capital and Lancashire play.
From Insurance Insider
The impact of the war in Ukraine has led to a drop-off in IPO activity, which many carriers were relying on for growth.
From Insider Engage
Insurers can play a leading role in closing the protection gap by helping people plan to reduce the risk of disasters before they strike, and by providing financial help after, said Denis Duverne, chairman, Insurance Development Forum, and chairman of AXA, in an exclusive interview with Insider Engage.