Sarah Perry, risk manager for the City of Columbia, Mo., completed the citys renewals by Oct. 1--but while property "went great," there were some problems.
Sarah E. Pacini, vice president of risk management and insurance with Advocate Health Care in Oak Brook, Ill., says now is actually a good time to buy coverage.
In spite of a difficult year for catastrophes, buyers of both liability and property coverage are for the most part pleased with their renewals, even for difficult placements, although they stress that having a positive risk history and solid broker/market relationships makes a difference.
The London market, absorbing its share of U.S. and international catastrophe losses has come out extremely well positioned in terms of risk appetite, although brokers are challenged to find the best deals for clients faced with increases.
With 67 percent growth expected in the construction industry by 2020, enterprise-wide measures need to be taken to begin to identify and manage major risks, according to a report by Aon.
With 67 percent growth expected in the construction industry by 2020, enterprise-wide measures need to be taken to begin to identify and manage major risks, according to a report by Aon.
Faced with continuing aftershocks and earthquakes, New Zealands property and casualty insurance market is in flux, as it also adjusts to regulatory developments. Both factors are making captive insurance more attractive.