Scor shares down 23% after L&H underwriting loss warning http://spr.ly/6045iV3IU #reinsurance #insurance
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Do you know that 77% of the locations we surveyed were underinsured, with 37% of properties insured for less than 50% of the current reinstatement cost! #valuation #assetadvice #asset #insurance #insurancevaluation #underinsurance #assetsurveys
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Mutual insurers are pushing for rate adequacy to combat rising reinsurance costs and underwriting losses, while maintaining strong financial performance. 💪📈 According to AM Best, mutuals reported a significant surplus increase, thanks to strong investment strategies. The sector is also tightening underwriting standards and diversifying portfolios. 🌩️🏠 #Insurance #MutualInsurers #FinancialStrength #Underwriting #Reinsurance #RiskManagement Read more: Carrier Management Article
Mutual Insurers Chase Rate Adequacy, Financial Strength Remains Strong: AM Best
carriermanagement.com
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Mutual insurers are pushing for rate adequacy to combat rising reinsurance costs and underwriting losses, while maintaining strong financial performance. 💪📈 According to AM Best, mutuals reported a significant surplus increase, thanks to strong investment strategies. The sector is also tightening underwriting standards and diversifying portfolios. 🌩️🏠 #Insurance #MutualInsurers #FinancialStrength #Underwriting #Reinsurance #RiskManagement Read more: Carrier Management Article
Mutual Insurers Chase Rate Adequacy, Financial Strength Remains Strong: AM Best
carriermanagement.com
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Accidents happen, but are you covered? It's essential to have a strategy ready to handle such situations in order to stay prepared and minimise any potential disruption to operations. #valuation #assetadvice #asset #insurance #insurancevaluation #underinsurance #assetsurveys
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Mutual insurers are pushing for rate adequacy to combat rising reinsurance costs and underwriting losses, while maintaining strong financial performance. 💪📈 According to AM Best, mutuals reported a significant surplus increase, thanks to strong investment strategies. The sector is also tightening underwriting standards and diversifying portfolios. 🌩️🏠 #Insurance #MutualInsurers #FinancialStrength #Underwriting #Reinsurance #RiskManagement Read more: Carrier Management Article
Mutual Insurers Chase Rate Adequacy, Financial Strength Remains Strong: AM Best
carriermanagement.com
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Bullish news on P&C insurance: Favorable economic and underwriting results point to a small underwriting loss in 2024 and profitability in 2025, according to a new report from the Insurance Information Institute and Milliman: Here are just a few of the bullet points backing that outlook... 👉 Homeowners: Losses expected through 2025, profitability in 2026 👉 Personal Auto: Improved net combined ratio, profitability by 2025 👉 Commercial Lines: Steady performance with notable shifts in key areas 👉 Workers’ Compensation: Continues robust performance with favorable underwriting results forecasted through 2026 “The ongoing performance gap between personal and commercial lines remains, but that gap is closing," Triple-I's Chief Insurance Officer Dale Porfilio explained. "We are projecting commercial lines underwriting results to outperform personal lines premium growth by over five points in 2024." Access the full report: https://lnkd.in/gXNm_vVN #insurance #economy #profits #investing #commercial #risk #workerscomp
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Check out the latest insights from our AssuredPartners #realestate practice on proactively managing risk in your property portfolio and quantifying the cost of that risk. Learn more about essential loss control strategies for multifamily housing here: https://lnkd.in/gJ-7mE4i #riskmanagement #insurance #thinkdifferent #riskstrategy Let us know if a brief introduction might make sense.
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The U.S. property casualty (P/C) market is positioned for a return to underwriting profitability and significant return on capital improvements for the full year. However, results may not match first-quarter levels due to uncertainty regarding natural catastrophe exposures and loss reserve experience. Learn more: https://ow.ly/wQ8Y50SpAv5 #FitchRatings #Insurance #PropertyCasualtyInsurance
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According to credit rating agency AM Best, a decade-long trend of insurers moderately increasing their private credit holdings continued to be seen throughout 2023, comprising 44% of the bonds held within the insurance sector, compared with approximately 27% in 2013.
Insurers steadily increasing their private credit holdings continued throughout 2023: AM Best - Reinsurance News
http://www.reinsurancene.ws
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