Top Stories / Ad / Most Recent
Top Stories / Ad / Most Recent
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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
A differentiated investment strategy has led to increased value creation and price-to-book multiples for a small group of specialty carriers.
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Average budgeted expected losses rose by nearly 20% this year with reinsurers factoring in climate variability.
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Texas Windstorm Insurance Association also increased its adjusted building cost by the largest amount in years, reflecting inflation and supply chain issues.
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The past few weeks bring back bad memories of 2008, but many factors that triggered that crisis seem not to be in play this time around
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Although P&C insurers had 9% premium growth, the underwriting loss in 2021 follows a $4.4bn underwriting gain in 2020.
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Inside P&C’s news team runs you through the key developments from the past week.
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The NICB has estimated that fraud adds 5%-10% to the total claims paid following a disaster.
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Rate rises in the commercial lines market have decelerated in most insurance markets, but executives expect increases to remain above loss costs for some time.
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Individual staff like the freedom and flexibility of hybrid working, but management is concerned about hidden long-term costs.
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March’s CPI report shows elevated inflation levels, including vehicle CPI of 10.5% and average used car price increase of 24.7%.
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In the first quarter of 2022, earnings will depend on how firms react to the changing economy.
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