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New entrants add $250 million in additional capacity while direct premiums drop to $7.1 billion amid softening conditions, Lockton Re reports.
The latest people news in the industry today.
Insurers should take note of a recent SCOTUS decision affecting employer management of retirement plans.
From an art teacher to a fine arts broker, snippets of the career journey of Mary Pontillo.
Excess underwriters demand double-digit rate hikes for construction casualty while primary coverage remains stable, according to Amwins.
In a rapidly evolving landscape shaped by climate challenges and technological disruption, finding the right balance between fostering innovation and protecting consumers has never been more critical, says Scott White.
WTW survey of 130 senior aviation leaders reveals only 29% believe their business models will be resilient to withstand emerging risks a decade from now.
Industry forecasts stable 10% return on equity through 2026 as premium growth moderates and competition intensifies, Swiss Re reports.
Premium renewal rates declined quarter-over-quarter across nearly all major lines, signaling shift from hard market conditions, according to Ivans Index.
Liberty Mutual’s 25-year analysis reveals overexertion and same-level falls dominate workplace injury costs, while repetitive motion injuries plummet.
Year-round fire threat forces industry to rethink risk management as climate change and urban sprawl drive unprecedented losses, Gallagher reports.
A high percentage of U.S. catastrophe losses resulted in a 38% global insurance protection gap, lowest 1H gap on record: Aon.
Survey of cybersecurity experts by CyberCube and Munich Re provides critical insights for insurance industry’s understanding of systemic cyber risks.