Market News
Specialty Insurance and E&S Lines Surge in Q1 2024: MarshBerry Report
A recent report finds specialty insurance and E&S lines show robust growth in Q1 2024, driven by a prolonged hardening cycle, shifting premiums, and new product developments. Read More
Insurance Premiums Rise for 25 Quarters, "Real" Growth in Question: MarshBerry
Insurance premiums have risen for 25 quarters, boosting brokerages' growth. However, MarshBerry finds most growth is due to rate increases, not strategic efforts. Read More
Effective Strategies for Forming and Managing Risk Retention Groups
Risk retention groups (RRGs) offer industry groups a cost-effective way to self-insure liability risks, providing control over expenses, policy wording, and claims. Read More
Navigating the Capital Challenges of 2023: Insights from Aon's Capital Poll
A recent Aon poll reveals insurers faced capital challenges in 2023, turning to reinsurance and equity for growth, as pressures from stakeholders and rating agencies intensify. Read More
US Commercial Insurance Rates Show 6.3 Percent Rise in Q1 2024
US commercial insurance prices rose by 6.3 percent in Q1 2024, with steady increases across most coverage lines, according to WTW’s Commercial Lines Insurance Pricing Survey. Read More