Personal Insurance

Beazley targets more third-party capital, as renewal rates rise 15%

Beazley, the Lloyd’s market focused specialist insurance and reinsurance underwriter, fell to a $50.4 million loss for 2020, with a,.. Read More

Perth Hills bushfires declared catastrophe, as losses pass $40m: ICA

The Perth Hills bushfires, which continue to burn to the north east of Perth, Western Australia, has now been declared,.. Read More

Ten Ways to Build Your Morale While Working from Home - Jack Stone Insurance Agency

Remote workers can feel lonely and isolated, leading to low morale, which breeds a reduction in performance and production.. Use,.. Read More

Reinsurance not "available at any price" - Lockton Re

While reinsurance capacity is abundant and available, enough to dampen rate increases slightly at the January renewals, the continuing existence,.. Read More

Lodgepine had "terrific" double-digit year in 2020: Markel Co-CEO Whitt

Lodgepine Capital Management Limited, the retrocessional reinsurance ILS fund management unit of Markel Corporation, had a “terrific” year in 2020,,.. Read More

Rates above loss costs & margin expansion: Chubb CEO Greenberg

It’s always worth a look at Evan Greenberg’s comments when it comes to quarterly reporting from global insurance and reinsurance,.. Read More

Reading the Fine Print of Add-On Forms in Policies - Catastrophe Area Notice Limitations and More

Many people think the declarations page and subsequent coverage and exclusion sections make up the important part of an insurance,.. Read More

Hannover Re shrinks K-Cessions to $610m in "successful" retro renewal

German reinsurance firm Hannover Re has downsized its capital markets backed K-Cessions quota share retro reinsurance sidecar facility to $610,.. Read More

Positive cat bond market momentum to continue in 2021: Aon Securities

The property catastrophe bond market experienced a record year in 2020 with around $11 billion of new issuance and leading,.. Read More

Hannover Re cites ~10% price rises for US cat reinsurance renewals

Hannover Re gave its report on the January 2021 reinsurance renewals today, citing around 10% price improvement across U.S. natural,.. Read More