“We need to recognise that the headwinds are only going to be stronger as the market turns”
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Are legacy systems weighing down the insurance industry?
Amid a hard market characterized by high demand for insurance, limited supply, and evolving risks, brokers, insurers, and underwriters are under significant pressure to respond quickly, price policies accurately, and […]
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Which MGAs are raising the bar?
Insurance Business America’s annual survey is ongoing
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Global insurers set to navigate volatile market in 2025 – McKinsey
McKinsey highlighted that rising costs, including repair expenses and reinsurance premiums, have brought affordability into focus, particularly in the U.S. Insurers are encouraged to innovate and expand coverage in underinsured […]
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Conifer swings to profit after major insurance agency sale
“Third quarter results reflect the successful culmination of the sale of our insurance agency operations to Bishop Street Underwriters. With the sale, and the majority of our commercial lines production […]
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Emerging risks ahead of the 1/1 reinsurance renewals period
What will 2025 bring for the market?
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Michigan bill proposes sweeping workers’ comp reforms
The legislation also proposes applying the new definition of disability retroactively to all workers injured on or after June 30, 1985. The Chamber of Commerce expressed concerns, stating that this […]
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Court rules excess insurers can’t challenge lower-layer payouts
Freddie Mac case sets precedent for multi-layer D&O insurance disputes
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Guy Carpenter Greece to launch after full acquisition
Once the transaction is complete, Carpenter Turner will rebrand as Guy Carpenter Greece. The entity will offer a wide range of global capabilities, including treaty and facultative reinsurance, advanced data […]
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Savings products propel US and China life insurance growth – Swiss Re
“It’s a favorable convergence, since retirees are looking for stable and worry-free income, and the insurance industry is stepping up to meet this demand. Driven by a still elevated interest […]
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