Rates
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Themes from this year’s ITC conference in Las Vegas also included the exit of less educated investors, increased appetite for venture debt and the allure of cyber. -
Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The shift impacted IPO, life science and technology companies the most – those that were hit hardest by the upward D&O insurance pricing trends in years past.
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Inside P&C’s news team runs you through the key highlights of the week.
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August’s overall consumer price index edged up 0.1 points, after no change in the prior month.
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Sources noted that competition has expanded from excess layers into the primary market – and that has been a major development since the beginning of the year.
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Cyber continued to register the largest increase in the period, while D&O saw a small price drop compared to a moderate increase in the previous quarter.
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If the hurricane season continues to be mild, it could impact pricing momentum.
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Premium renewal rate increases for commercial auto, business owners’ policies (BOP) and general liability accelerated in August compared with July, according to Ivans pricing data.
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The broker said some reinsurers were planning for significant growth in property catastrophe as demand is expected to pick up pace.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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