Market News
As Property Reinsurance Stabilizes, Primary Rates Rise
Lockton's latest outlook reveals stabilization in property reinsurance, but primary rates are set to rise in 2024 due to increased underwriting scrutiny. Read More
US Economy Faces Potential Slowdown: Best's Report
In a special report, A.M. Best said the US economy performed better than expected in 2023, significantly reducing the possibility of a recession in 2024. Read More
Energy Storage Financing Solution Unveiled
USC and Ascend have collaborated on an alternative risk solution that provides financing for utility-scale energy storage projects. Read More
ESG and Captive Insurance: Navigating Risks and Opportunities
Environmental, social, and governance (ESG) risk is now firmly on the agenda of most captives' boards of directors and is a double-edged sword for captives. Read More
CLIPS: US Commercial Insurance Rates Surpass 6 Percent Growth
WTW's Commercial Lines Insurance Pricing Survey (CLIPS) for the fourth quarter of 2023 reveals a consistent upward trajectory in US commercial insurance rates. Read More