Brokers News

Jul 30, 2021

AON and WTW merger abandoned

Mega merger of AON and WTW abandoned…

Jul 02, 2021

Willis Re comments on 1 June and July renewals

Willis Re comments on the renewal trends seen at 1 July as displaying equilibrium between the demands of reinsurers and clients with rate increases continuing for most major lines and territories during the June/July renewal periods but not at the same levels as seen in the previous year...…

Apr 13, 2021

Q1 2021 Marketscout Barometer illustrates US property and casualty business holding high

The Marketscout Barometer continues to show US property and casualty rates as holding at elevated levels…

Apr 08, 2021

Hampden Newsletter - 30 March 2021

The Q1 Hampden Agencies Newsletter containing up to date industry news, market opinion, Lloyd's timetable, etc., was recently emailed to clients. Any client seeking a hard copy should kindly contact their Private Client Director.…

Apr 01, 2021

Willis Re update on 1 April renewals

Willis Re's first review of renewals in 2021 "The perils of Unmodeled" reported that loss-affected areas such as Japan and US saw rate increases and overall the renewals at 1.4.2021 followed the trends set at 1.1.2021.…

Feb 18, 2021

CIAB market survey 2020 year end renewals

The Council of Insurance Agents & Brokers (CIAB) has released their Commercial Property/Casualty Market Report for Q4 2020 showing that the US market saw further increases but at a slightly lower trend…

Feb 04, 2021

Marsh releases Global Insurance Market Index as at Q4 2020

According to the data in the latest survey from global broker Marsh covering worldwide property and casualty insurance renewals, prices rose by some 22%, once again, the largest increase since the index was launched in 2012 and is the thirteenth consecutive quarter of price increases.…

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.…