Reinsurance Rate Increases Moderating at July 1 PropertyCasualty360.com – July 10, 2012 Reinsurance renewals continue to firm, but ample capacity is offsetting some pricing pressures produced by past catastrophe activity and catastrophe-model changes, says reinsurance broker Guy Carpenter. “In 2011 the industry experienced one of its most challenging years, due to the tremendous volume […]
Business Insurance – June 28, 2012 Property/casualty insurers, including workers compensation underwriters, should continue realizing “the benefits of exposure growth that began in earnest last year,” Robert Hartwig wrote in a just-released first quarter results report. “For example, the value of manufacturing shipments, has nearly returned to its pre-crisis peak,” Mr. Hartwig, an economist and […]
Business Insurance – June 28, 2012 Rates in the global insurance market firmed in general, according to a new market index released by Marsh Inc. on Thursday. The new Marsh Risk Management Global Insurance Index is based on renewal data from 20 major countries in casualty, property and financial and professional insurance lines. The […]
