U.S. P&C First Half Results: Modest Rate Increases, Capacity Near Record Levels
Rates in the U.S. property and casualty market continued to show modest increases in the second quarter in most lines of coverage, but the large amount of capacity in the market is helping to keep...
View ArticleU.S. P&C Market: Competition Keeping Rates in Check; Sandy’s Impact Becoming...
Rates continued to creep up modestly in the second quarter in most lines of coverage. However, Lockton experts believe that the competition in the marketplace has kept the rates at reasonable levels....
View ArticleCost Pressures Rising for Workers Compensation Insurance Buyers
Risk managers and other executives are seeing rising pressures on the cost of their workers’ compensation insurance programs. Recently, my colleague Eric Silverstein talked with AM Best about what is...
View ArticleProperty & Casualty Rates Kept in Check; No Profound Impact from Sandy
The results of the first nine months for the U.S. property and casualty market were recently released indicating a U.S. property and casualty market with near-record capacity, a large drop in CAT...
View ArticleAM Best Video: Sandy Holds Commercial Insurance Rates in Check
AM Best is reporting that commercial insurance rates are generally holding steady to trending slightly higher. In a recent interview with me, Best’s John Weber and I discussed how property catastrophe...
View ArticleLockton Market Insight: Rate Increases Moderate; Workers’ Compensation...
Despite large losses from Superstorm Sandy and a challenged investment environment, U.S. Property and Casualty carrier profitability improved in 2012. The improvement came as a result of rate increases...
View ArticleLockton Market Update – P&C Insurer Profitability Rebounds Q1 2013
The US property and casualty insurance industry experienced a sharp uptick in profitability for the first quarter of 2013. With the release of these numbers, Lockton experts weigh in on current...
View ArticleProperty & Casualty Market Update: Summary of 2013 and Looking Ahead to 2014
The market rebounded at the beginning of 2013 and remained strong through the first half of the year. As 2014 approaches, Lockton experts reflect on the state of the Property and Casualty market and...
View ArticleProperty & Casualty Update: Competition Creates Advantageous Market for...
New markets have come in on the property side with significant capacity, both traditional and nontraditional. We’re seeing increased capacity not only from U.S.-based carriers but also from Bermudian...
View ArticleProperty & Casualty Update: Increasing Capacity and Competition Contributing...
In today’s insurance market, excess capacity and increased competition (for the most part) have created opportunity in negotiating terms and conditions. Depending on the line of business, this has come...
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