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Aon: U.S. Employer Health Care Costs Projected to Increase 8.5 Percent Next Year
Published on August 22, 2023
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Farmers Insurance Group’s ratings placed on review for downgrade by Moody’s
August 22, 2023
Moody’s has placed Farmers Insurance Group’s ratings on review for downgrade, a move that reflects the rating agency’s concerns around insurer’s underwriting results in its core personal lines and its capital adequacy.The review includes Farmer’s A3 insurance financial strength (IFS) rating and Baa3 (hyb) surplus notes ratings.As well as the A3 IFS ratings of other members of Farmers’ intercompany
Reinsurance pricing trends remain strong amidst shifting landscape: JP Morgan
August 22, 2023
In 2023, the reinsurance sector has outperformed expectations, with JP Morgan analysts’ bullish stance since mid-2022 being substantiated by robust pricing trends and this year’s renewal outcomes.In particular, the European reinsurers have showcased positive pricing improvements year-to-date, even when accounting for higher loss cost assumptions.The results of the Guy Carpenter World Property Cata