The P&C industry's underwriting and operating profitability improved through the first nine months of 2013 compared to 2012 thanks to lower catastrophe losses and firmer pricing. See a visual breakdown of the industry's performance through the first nine months of the year.
The P&C industry's underwriting and operating profitability improved through the first nine months of 2013 compared to 2012 thanks to lower catastrophe losses and firmer pricing. See a visual breakdown of the industry's performance through the first nine months of the year.
The factors are in place for a soft-market pricing cycle, but rates have been trending upward. ALIRT Insurance Research examines the market conditions that have kept rates up and asks how long insurers can justify the increases.
While it may not come as a shock to any risk manager, Aon says it can establish a link through data between companies with higher risk-management maturity and higher relative stock-price returns and lower stock-price volatility.
The 2014 outlook for the global P&C industry is stable thanks to expected premium growth from the economic recovery and stable-to-rising penetration rates, Moodys says. Meanwhile, Fitch says the U.S. insurance-broker industry also has a stable ratings outlook for 2014
Terrorism remains a difficult risk to insure, but, contrary to the views of some, it can be modeled by measuring the likelihood of an attack against vigorous counter-terrorism efforts employed by Western nations, according to a Risk Management Solutions white paper.
Terrorism remains a difficult risk to insure, but, contrary to the views of some, it can be modeled by measuring the likelihood of an attack against vigorous counter-terrorism efforts employed by Western nations, according to a Risk Management Solutions white paper.
Personal-lines rates may be on their way down in 2014 due to a quiet hurricane season and expected strong earnings in 2013, according to MarketScout CEO Richard Kerr.