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Severe convective storms cause $21B insured losses
Record Q1 for natural catastrophe claims across US and Europe.
Supply chain disruption losses push contingent BI demand
Buyers are expanding contingent business interruption structures after repeated vendor outages.
Price softening to persist into 2027 without significant industry cat loss: JP Morgan
Unless there is a significantly large industry catastrophe loss, reinsurance pricing will continue to soften into 2027, JP Morgan analysts highlight in a most recent Love Actuary report. The acceleration of reinsurance price softening is evident in 2026, a trend unlikely to stop as mid-year renewals near, driven by robust surplus capital levels and impressive […] The post Price softening to persist into 2027 without significant industry cat loss: JP Morgan appeared first on ReinsuranceNe.ws.
Tesla Premiums Soared in 2025 With Loss Ratios Worse Than Industry
While auto insurance leaders reported premium growth percentages in the single digits last year, with sprinters like Progressive and Root up in the low-to-mid teens, premiums at Tesla’s insurance operations skyrocketed 40.7%, according to a new analysis. S&P Global Market …