Insurance rates in the first quarter of 2024 declined 2% in the IMEA region, where rates for large and co...
Social inflation will drive P&C (re)insurers to raise prices
“We expect social inflation to continue, and insurers to respond by building higher expected losses into their policies, raising prices and boosting reserves,” says Jasper Cooper, CFA, VP-Sr Credit Officer at Moody’s Ratings...
“We expect social inflation to continue, and insurers to respond by building higher expected losses into their policies, raising prices and boosting reserves,” says Jasper Cooper, CFA, VP-Sr Credit Officer at Moody’s Ratings...
PR / 2 hours ago
China: Guangdong highway collapses killing at least 19 people - BBC News
The southern province of Guangdong has been reeling from days of wild weather before the incident...
The southern province of Guangdong has been reeling from days of wild weather before the incident...
bbc.co.uk /
Article / 19 hours ago
J&J advances $6.475 billion settlement of talc cancer lawsuits - Reuters
Johnson & Johnson is moving forward with a $6.475 billion proposed settlement of tens of thousands of lawsuits alleging that its baby powder and other talc products...
Johnson & Johnson is moving forward with a $6.475 billion proposed settlement of tens of thousands of lawsuits alleging that its baby powder and other talc products...
reuters.com /
Article / 22 hours ago
Equinor sees downturn in oil & gas workers' injury frequency - Offshore Energy
Norwegian state-owned oil and gas giant Equinor has provided safety results for the first quarter of 2024, reporting no serious well control incidents....
Norwegian state-owned oil and gas giant Equinor has provided safety results for the first quarter of 2024, reporting no serious well control incidents....
offshore-energy.biz /
Article / 1 day ago
US Q1 results: E&S flow maintained as casualty demand surges
Property rates remain adequate, although price increases are tailing off....
Property rates remain adequate, although price increases are tailing off....
Article / 1 day ago
Ascot names Osborne as head of US excess casualty
The executive joined the firm in January from Nationwide. Ascot announced it has promoted Erin Osborne to head of US excess casualty....
The executive joined the firm in January from Nationwide. Ascot announced it has promoted Erin Osborne to head of US excess casualty....
Article / 1 day ago
Number of US jury awards over $10mn hits 89 in 2023
Verdicts awarding more than $100mn hit a new high of 27 last year, study finds....
Verdicts awarding more than $100mn hit a new high of 27 last year, study finds....
Article / 1 day ago
Drinking water rule sparks litigation fears
The U.S. Environmental Protection Agency's recent establishment of safe levels of so-called forever chemicals in drinking water will likely lead to litigation between organizations and their insurers...
The U.S. Environmental Protection Agency's recent establishment of safe levels of so-called forever chemicals in drinking water will likely lead to litigation between organizations and their insurers...
Article / 1 day ago
Amwins: Hospitality contending with liquor liability-led insurance challenges
While the hospitality industry last year made what market analysts believe is a full recovery following the pandemic, the sector is contending with...
While the hospitality industry last year made what market analysts believe is a full recovery following the pandemic, the sector is contending with...
Article / 1 day ago
QBE NA unveils Livatino-led healthcare liability unit and launches misc medical product
QBE North America has launched a new healthcare liability practice led by John Livatino with the carrier's new miscellaneous medical liability product serving...
QBE North America has launched a new healthcare liability practice led by John Livatino with the carrier's new miscellaneous medical liability product serving...
Article / 2 days ago
