Rating agency cites ‘persistently strong’ underwriting results amid substantial economic and capital markets volatility
The market reports total premiums of €509bn in 2022, driven by non-life growth of 4.9%
Persistently high loss costs means a return to underwriting profitability for the segment over the near term appears highly unlikely, rating agency warns
US broker’s consumer business now places more than $6bn in premiums annually
Outcome of fractional property development case may be of assistance for solicitors defending similar civil claims by former clients
Broker appoints Brian Wang chief executive of its new Taipei-based operation
International broker completes $904m acquisition of the insurance broking operation of Cadence Bank
Hannover-based industrial insurer reports insurance service result of €481m for the first nine months of the year as revenues climb 10% in the period
Underwriting loss more than halves to $333m but rate inadequacy and claims inflation continue to plague segment
Geneva Association will add macro- and geoeconomic risks, and social and financial inclusion to its 2024-25 research agenda
Specialty insurer makes three underwriting hires to its UK regional teams
Australian giant expects ‘some current year strain and modest adverse development’ amid ‘more persistent’ claims inflation across a small number of portfolios
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