Market News
Questions Remain over Newfound Reinsurance Underwriting Discipline
The global reinsurance market as a whole has exhibited more underwriting control as evidenced by a holding back of capacity at the midyear 2019 renewals; however, questions remain over the sustainability of this newfound discipline, according to A.M. Best. Read More
Reduced Underwriting Income for Property-Casualty Industry
According to A.M. Best, the US property-casualty industry's net underwriting income declined by 9.6 percent to $4.8 billion in the first half of 2019, compared with $5.3 billion in the same prior-year period. Read More
Senior Care AssureCap Advantage Program Sees Major Progress
Creators of the senior care AssureCap Advantage underwriting program launched a little over a year ago report achievement of major advances in senior care quality improvement and loss reduction. Read More
"Big 4" European Reinsurers Benefit from Improving Market Conditions
Fitch Ratings said that the "big four" European reinsurers reported solid underwriting performance in the first half of 2019. Read More
Fitch: Exposure to Long-Term Care "Remains a Plague"
Many insurers remain underreserved against the losses associated with US long-term care insurance where legacy exposures continue to plague them, according to new information from Fitch Ratings. Read More