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A return to normalized levels of both catastrophes and loss-cost inflation could cause problems for the industry in 2014 when combined with rate deceleration/decreases, KBW says.

GC and Willis Re report falling property catastrophe reinsurance rates for 2014. The competitive pricing environment will push companies to innovate in 2014, say property and casualty insurance experts at the turn of the New Year.

Insurance Ratings Agency A.M. Best Co. says 34 rating units failed a stress test to assess capitalization sans the federal terrorism backstop.

The property and casualty industry posted its first half-year underwriting profit since 2007 and saw net income and pretax operating income increase by 65 percent and 40 percent respectively compared to 2012s first half, a new report states.

Insurance rating agency A.M. Best Co. says 34 rating units failed a stress test to assess capitalization sans the federal terrorism backstop.

Net income among U.S. P&C carriers increased nearly 52 percent to $39.9 in 2012, compared to 2011, according to a report from A.M. Best Co.

The U.S. and Bermuda reinsurance sector has its challenges, particularly when it comes to living up to previous years returns on equity for investors, but ratings agency A.M. Best is maintaining its stable outlook due to reinsurers strong capitalization and enterprise risk management practices, as well as a stable pricing...

Although commercial-lines pricing is expected to continue its upward trend, ratings agency A.M. Best is maintaining a negative outlook on the sector due to weak macroeconomics, less-favorable loss-reserve development and low investment yields.