Insurers and reinsurers will not likely see a direct impact from Standard & Poors recent downgrade of U.S. long-term sovereign debt, experts say, but the underlying economic conditions that led to the downgrade could cause some of the same issues experienced in 2008 to re-emerge.
While Standard & Poors recent downgrade of U.S. long-term sovereign debt is not expected to have a meaningful direct impact on property and casualty insurers, the indirect impact of the downgrade, as a reflection of economic uncertainty, could be more significant and could prolong the soft market cycle, according to...
While Standard & Poors recent downgrade of U.S. long-term sovereign debt is not expected to have a meaningful direct impact on property and casualty insurers, the indirect impact of the downgrade, as a reflection of economic uncertainty, could be more significant and could prolong the soft market cycle, according to...
As one property and casualty industry report points to rising combined ratios for insurers, with experts citing the need for better underwriting results, a separate analysis of first-quarter industry figures indicates the commercial-lines market may be starting to turn.
An industry analyst using a proprietary scoring method for property and casualty insurers says the first-quarter combined score for the top-100 commercial-lines writers reveals the first indication of a possible turn in six years.
In spite of competitive conditions in the specialty program business segment, an insurance industry analyst doesn’t see any flashing red alerts signaling major troubles ahead for program carriers so far in 2011.
Using his firm’s scoring method to gauge insurers’ financial strength, ALIRT Principal David Paul notes that specialty-insurer composite scores are less volatile than composites for the entire commercial-insurance industry over the long term.
An insurance industry analyst using a proprietary scoring method designed to reveal early warning signs of trouble for property and casualty insurers sees a market turn on the horizon—but says it isn’t here yet.
Mark your calendars! NU provides highlights of some upcoming specialty market insurance events, including the Target Market Program Administrators Midyear Meeting in Boston and NAPSLO’s upcoming webinar on NRRA implications.