Corporate insurance buyers paid lower premiums in the third quarter overall, but post-Katrina and Rita property renewals are up as much as 20 percent, according to a survey of risk managers released today.
The bulk of renewals reported in the Risk and Insurance Management Society's Benchmark Survey had secured pricing before the impact of the hurricanes hit the market, according to RIMS.
The survey is produced by Advisen, Ltd., which collects and analyzes the data and provides the technology infrastructure for the survey's online services.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
