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Tag: insurance market


Capital and Risk, Insurance

US Auto Insurance Market on the Mend; Homeowners Line Volatile: Fitch

June 7, 2024

Via: Insurance Journal

The U.S. personal insurance sector is positioned for improving underwriting performance in 2024. According to Fitch’s latest U.S. Personal Lines Market Update, the change is predicted amid signs that the previous surge in claims severity from higher inflation and supply […]


Capital and Risk, Insurance

It’s Time to Roll up Our Sleeves and Rebuild the Florida Insurance Market

May 10, 2023

Via: Insurance Journal

With the Florida legislative changes passed in December – prohibiting assignments of benefits and one-way attorney fees – there is now an opportunity to change the dynamic in Florida and create a more stable market. Historically, the main tools to […]


Capital and Risk, Insurance

Triple-I: Florida’s Homeowners Insurers Are Facing Multiple Crises

August 9, 2022

Via: PR Newswire

The turmoil in Florida’s homeowners insurance market is being caused primarily by the state’s outsized number of lawsuits and its commonplace fraud schemes, according to an Issues Brief published today by the Insurance Information Institute (Triple-I). “Floridians are seeing homeowners’ […]


Capital and Risk, Insurance

Global Travel Insurance Sourcing and Procurement Market to Witness Nearly USD 5.67 Billion Growth by 2026 | SpendEdge

March 3, 2022

Via: PR Newswire

The Travel Insurance Sourcing and Intelligence Report, provides key information about the market. For instance, the Travel Insurance Market will grow at a CAGR of 4.41% during 2022-2026. Key Players in the Travel Insurance Sourcing and Procurement Market Include: Allianz […]


Activity, Insurance

Lloyd’s to Create Single Governing Body, Merging Council and Franchise Board

November 8, 2019

Via: Insurance Journal

Re/insurance market Lloyd’s announced its decision to merge the Council of Lloyd’s and the Franchise Board, effective from June 1, 2020, after receiving widespread support from across the market. The news follows five months of consultation across the Lloyd’s market, […]


Activity, Insurance

Insurance Tries to Keep Up with Sharing Economy

February 4, 2019

Via: Insurance Journal

As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting. According to Harvard Business Review, the sharing or on-demand economy is attracting more than 22.4 million consumers and $57.6 billion in spending […]


Activity, Insurance

Taking pulse of the insurance market

August 15, 2016

Via: Banking Exchange

Banks already involved in the sales of insurance continue to grow both organically and through acquisitions. “Banks are driving 5% to 10% of the annual acquisition activity, at least in terms of the announced deals every year,” says Jim Campbell, […]


Activity, Insurance

Mutual Insurers Regain Some Global Market Share, but Threats Remain: Swiss Re

August 3, 2016

Via: Insurance Journal

Mutual insurance companies have gained back some of the global market share they lost due to demutualizations in recent years. Those gains are threatened, however, by new financial regulations, changes in corporate governance and new technology, Swiss Re said in […]