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Reinsurance
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Latest in Reinsurance
Falling prices to squeeze P&C margins from 2027 — Moody's
1+ day, 22+ hour ago (478+ words) Moody's Ratings has kept a stable outlook on the UK insurance sector, but warned that falling prices will start to eat into property and casualty (P&C) margins next year, once the benign conditions supporting 2026 earnings fade. The rating agency said…...
CFC adds executive protection, AI cover to cyber policy
1+ day, 11+ hour ago (502+ words) CFC has updated its Cyber Proactive Response (CPR) policy to cover senior executives personally targeted in cyberattacks, add affirmative wording for AI-related exposures and extend the business interruption indemnity period from 12 to 18 months. The changes apply to CPR, the cyber…...
Florida renters catch a break as nearly 122,000 policies get a 12.8% rate cut
2+ day, 8+ hour ago (416+ words) Current customers are likely to see the lower rates on different timelines. Florida renters squeezed by housing costs will soon get relief on one monthly bill. Florida Insurance Commissioner Mike Yaworsky has approved a sizable cut to renters insurance rates…...
Closing Cyber-Insurance Gap: Cowbell CEO, Founder & Chairman Jack Kudale, Live at Nasdaq
2+ day, 6+ hour ago (205+ words) Tech Edge hosted a fireside chat at Nasdaq MarketSite on Oct. 5 with Jack Kudale, Chief Executive Officer, Founder and Chairman of Cowbell. The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed: How Cowbell's focus is closing the…...
AM Best Withdraws Credit Ratings of Hartland Mutual Insurance Company
2+ day, 8+ hour ago (417+ words) FinancialContent AM Best Withdraws Credit Ratings of Hartland Mutual Insurance Company AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Hartland Mutual Insurance Company (Hartland) (Minot, ND). The…...
Dimon says AI cyber risk is up tenfold. Cyber insurance prices are still falling
2+ day, 10+ hour ago (718+ words) Image: Jamie Dimon, World Economic ForumThis file is licensed under the Creative Commons Attribution-Share Alike 2.0 Generic license. Jamie Dimon has been sounding the alarm about Anthropic's Mythos model since the spring. Earlier today he put a number on it. In…...
AM Best Revises Outlooks to Stable for Buckeye State Mutual Insurance Company and Affiliate
2+ day, 11+ hour ago (418+ words) Business Wire AM Best Revises Outlooks to Stable for Buckeye State Mutual Insurance Company and Affiliate OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ (Good) and the…...
Bajaj Finserv plans reinsurance entry
2+ day, 11+ hour ago (68+ words) businessinsurance.com Bajaj Finserv plans reinsurance entry India-based Bajaj Finserv Ltd. reportedly plans to launch its reinsurance business by April 2027 and tap N Ramaswamy Narayanan, former chairman and managing director of General Insurance Corporation of India, to lead the new…...
Aerospace insurers more selective after major losses: WTW
2+ day, 11+ hour ago (66+ words) businessinsurance.com Aerospace insurers more selective after major losses: WTW Aerospace insurers are scrutinizing accounts more closely and becoming more selective after several major losses and litigation pressures in recent years, according to U.K.-based Willis Towers Watson plc, Insurance Asia…...
Insurer, coverholder launch US cargo program
2+ day, 13+ hour ago (175+ words) Chaucer Group and cargo risk specialist Indemni on Monday launched a U.S. cargo insurance program providing up to $15 million in limits per shipment. The program covers U.S. land transit risks, including single-trip transit, annual contingent cargo and strategic theft, and is aimed…...