Brokers News

Jan 06, 2021

2021 renewals reports by Willis Re, Guy Carpenter and Howden

Global reinsurance brokers Willis Re and Guy Carpenter and Howden have published their separate reports on the January renewals. These show improved rates and terms and conditions with some tempering of the upward momentum as a result of sufficient demand to write business from existing and new players.…

Nov 21, 2020

Two reports highlight increasing premiums and tightening terms

Both the September CIAB and WTW reports paint a picture of premiums continuing to increase and tightened capacity and greater scrutiny by underwriters before taking on risks in property and casualty, D&O and other liability classes written in the US.…

Nov 05, 2020

Marsh survey global commercial insurance pricing increased 20% in third quarter

According to the data in the latest survey from global broker Marsh covering worldwide property and casualty insurance renewals, prices rose by some 20%, the largest increase since the index was launched in 2012. This is a cumulative increase on previous quarters' increases of 19% in the second quarter and 14% in the first quarter.…

Oct 07, 2020

Marketscout barometer of US personal lines rates +5% Q3 2020 and up to 40% in catastrophe exposed areas

We have been following the MarketScout barometer for years as it is such a useful insight into local US rates. This latest release shows a US nationwide increase with much steeper increases for homeowners in hurricane and/or wildfire areas…

Aug 29, 2020

CIAB Report on US commercial property and casualty market as at mid-year 2020

The Council of Insurance Agents & Brokers (CIAB) report on the US commercial property and casualty market as at mid-year 2020 is a valuable insight into the state of that market…

Aug 14, 2020

Marsh Global Commerical Insurance Index shows highest increase since 2012

The global broker Marsh has released its Q2 report on worldwide insurance pricing showing…

Jul 09, 2020

Willis Re market report of 1 July renewals

Willis Re has published its assessment of the 1st July reinsurance market which contains illuminating information on the post Covid market. Please click here for the full report in pdf format titled "Prudence During Unforeseen Times"…

Jul 07, 2020

Hampden Agencies June Newsletter

Please click here to read the June Newsletter which has been sent to Hampden clients.…

Jun 17, 2020

State of the US insurance market by brokers AmWins and USI

Two separate reports by US broker firms AmWins and USI covering the latest quarter's pricing and market conditions both provide very encouraging news on the momentum of price increases being experienced currently.…

Jun 03, 2020

Florida property renewals pricing rises sharply

As mentioned in our earlier article (click here) expectations for the Florida reinsurance renewals as at 1 June were for significant price increases as a result of various factors, not least of which is of course Covid-19.…