Markets
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Property Cat Reinsurance Cycle Continues To Be Driven by “Fear and Greed”: Berkley
W.R. Berkley’s Chairman argues that all the data trying to anticipate current reinsurance cycle should be shifted to the study of human nature.
California Quake Insurer Will “Investigate” Models as Reinsurance Dries Up
Post Activist Investor Shakeup, Verisk Aims to “Move Up” Industry Value Chain
Swiss Re’s Message For Catastrophe Reinsurance Buyers: Prepare To Be “Unhappy”
Hurricane Ian did not take Swiss Re’s models by surprise, but they are signaling the catastrophe risk market needs a reset.
Chubb’s Greenberg Has No Plans On Raising The Catastrophe Ceiling
Greenberg says they the insurer will continue to limit its natural catastrophe book.
Travelers Is Very Happy With The Risks Its Not Taking
Whether it’s reinsurance exposure or Florida property, Travelers is finding profits by scaling back its risk.
Ian Auto Losses Will Likely Outpace Models: WR Berkley
Auto may be Ian’s modeled loss weak spot.
New Zealand Model Shows 50% Overall Increase of Quake Risk
In its first update in a decade, New Zealand’s quake model may have significant consequences for the insurance market.
With Private Market In Retreat, US Is Exploring Government-Backed Cyber Catastrophe Insurance Backstop
Treasury’s Federal Insurance Office is mulling a program outside of the existing terrorism backstop.