by Alternative Risk Resources | Oct 8, 2020 | News
Travelers takes a big hit due to Covid… “Travelers, which is usually the first major property/casualty insurer to report results and is often seen as a bellwether for the sector,” Read the article here. Get your rates based on your performance, not on Travelers or...
by Alternative Risk Resources | Sep 28, 2020 | News
Property/Casualty insurance underwriting income dropped 5.5% in first half of 2020… “The commercial segment loss ratio increased by over four percentage points through the first six months of 2020 compared with its 2019 level.” This could affect your rates, making...
by Alternative Risk Resources | Sep 21, 2020 | News
Gavin Souter of BUSINESS INSURANCE recently reported Commercial Insurance rate increases hit double digit in 2Q of 2020. “The average increase across all lines was 10.8% in the second quarter…” This could affect your rates, making Captive Insurance a better, more...
by Alternative Risk Resources | Sep 14, 2020 | News
According to Marsh Index Average Commercial Insurance Prices Rose 19% in Q2. “Marsh said the increase was the largest since 2012 and follows increases of 14% in the first quarter and 11% in the fourth quarter of 2019.” Upward pressure on pricing is anticipated for the...
by Alternative Risk Resources | Sep 7, 2020 | News
According to Zach Finn, clinical professor of risk management at Butler University Captives will step up when insurance companies fail to provide coverage. Mr. Finn said: “Risk managers will be forced to invent their own coverage by using their captive…” This could...
by Alternative Risk Resources | Aug 7, 2020 | News
Originally published on BusinessInsurance.com by Gavin Souter on July 14, 2020 Travelers Cos. Inc. expects to report pretax catastrophe losses of $854 million and coronavirus-related losses of $114 million when it publishes its second-quarter results next week. For...
