FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

Reinsurers expected to bear the financial brunt of Baltimore ship-bridge collision

Visibility360, PDF version to share

By Kate McCaffery | March 28, 2024, 10:41 a.m.

Analysts report on the implications for insurers.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in P&C

Reinsurers expected to bear the financial brunt of Baltimore ship-bridge collision

Electric vehicle drivers should expect to pay more for insurance

Embracing artificial intelligence is crucial for industry

Make your business shine with Visibility360!

Get a PDF version to share in your networks.

I'm interested

Headlines

Fallout of a cyber catastrophe modelled by reinsurer

Average fund fees declined following implementation of disclosure rule amendments

Close to one-in-ten seniors worked out of necessity in 2022

Related topics …

Flash

Fallout of a cyber catastrophe modelled by reinsurer

Average fund fees declined following implementation of disclosure rule amendments

Close to one-in-ten seniors worked out of necessity in 2022

Wholesalers have growth ambitions

AM BEST

Assumption Life insurance sales surged in 2023

Reinsurance renewals continue to be affected by third party litigation

Province licenses 17 captive companies in less than two years

Hard reinsurance market conditions expected to continue

MORNINGSTAR

Insurers likely to benefit from adding obesity drugs to benefits coverage

Morningstar shutting down PlanPlus Global

Responsible investment will have to weather headwinds

P&C insurers can absorb the costs of Fiona

Special risks

Casualty rates excluding auto liability decline at the start of 2024

Natural catastrophe losses globally exceed $43-billion

Quebec flood zone map raises concerns even before its release

Agent who defrauded retired couple banned from securities registration

International

Race to insure electric vehicles could change the industry

Drug plan sponsors encouraged to set up usage guardrails for new therapies

Reinsurers perform strongly despite catastrophe losses in 2023

Electric vehicle drivers should expect to pay more for insurance

Indemnisation

National Flood Insurance Program promised again in budget

New tool available to help municipalities mitigate flood risk

Commercial truck driver training lacking

Some Albertans prefer current “at fault” automobile insurance system

Claims

Insurance and collision repair industries being reshaped in the United States

Deep freeze caused $180 million in insured damage across three provinces

The number of stolen vehicles in Canada remained stable in 2023

Auto insurance legal costs highest in Alberta