Despite warnings of a potential surge in Atlantic storms this summer, insurance for catastrophes is once again attracting capital. Investors do have some reasons to be confident, but they shouldn’t be overconfident.
Tag: insurance market
New Federal Bill Could Help Tackle the California Insurance Crisis
California homeowners could benefit from a new federal bill that would create a public reinsurance program for natural disasters like wildfires, which could help stabilize the insurance market after major private insurers stopped writing new policies in the state.
Higher Prices and Lower Interest Rates Are Drawing More Capital into Reinsurance
Insuring the risk of catastrophic hurricanes and earthquakes risk probably isn’t getting cheaper. But at least there might be more coverage coming to relieve the troubled insurance market.
Amwins Releases Q1 2023 State of the Market Report
Amwins has released its State of the Market report, providing up-to-date market intelligence on pricing, capacity, and coverage trends across multiple business segments and industries.
Swiss Re Targets Earnings Growth in Improving Market Conditions
Swiss Re continues to navigate the COVID-19 pandemic, supported by a proactive reserving approach and very strong balance sheet Swiss Re expects the normalised combined ratio in Property & Casualty Reinsurance (P&C Re) to improve to ≤ 96% in 2021, supported by positive rate momentum Life & Health Reinsurance (L&H Re) maintains its successful track… Continue reading Swiss Re Targets Earnings Growth in Improving Market Conditions
Industry Execs Optimistic About U.S. P&C Market Conditions: S&P Global
U.S. property and casualty (P&C) re/insurers are benefiting from a strong business environment with adequate capital reserves despite the elevated level of catastrophe losses in recent years, according to panelists at a recent S&P Global Ratings conference. The executives generally agreed that the industry was currently enjoying strong fundamentals and capital levels, although there was… Continue reading Industry Execs Optimistic About U.S. P&C Market Conditions: S&P Global