Climate change is one of the causes of California’s insurance problems, but it should share the spotlight with interest rates these days.
Tag: interest rates
Is a Corporate Credit Crunch Just Getting Started?
Signs are mounting that credit is drying up in pockets of the economy at a worrisome rate.
Banking Risks, Inflation, Interest Rates Create Headwinds for Global Economy: IMF
According to the International Monetary Fund (IMF), global economic growth is slowing as a result of the volatile banking sector, high inflation, and rising interest rates.
Rising Interest Rates May Bring Higher Pension Costs for Companies
Rising interest rates have boosted corporate pensions, but they may not prove so kind to companies and their pension costs.
Rising Interest Rates Hit Landlords Who Can’t Afford Hedging Costs
The cost of insuring commercial real-estate loans against a rise in interest rates has exploded over the past year, raising the prospect of a market selloff since many property owners will no longer be able to afford these hedges.
Rising Interest Rates Imperil Remodeling Mania
Rising borrowing costs threaten to put the brakes on the renovation boom.
Hard Market, Higher Interest Rates to Spur Insurer Growth
Swiss Re Institute expects the insurance industry to return to premium growth of 2.1% annually on average in real terms in 2023 and 2024.
Prudential Suffers Big Loss on Rising Rates, AIG Reports Ian Losses
Rising interest rates and volatile stock markets hurt insurer Prudential Financial Inc. while AIG was hit with Hurricane Ian claims in third quarter.