by Elizabeth Ferguson | February 29, 2016 | Bermuda Markets, Casualty, Construction, Cyber & Technology, Energy, Environment, Property, Real Estate
Lockton has released its March 2016 P&C Market Update, and the US property and casualty insurance market continues to be highly competitive. However, this could be impacted in the future by changes with some major market players. Mergers, reorganizations, and...
by Theresa Kemp | January 13, 2016 | Property
2015 was a year of continual rate decreases in Property. All indications show the market will continue to be very competitive into 2016. While many factors impact the market cycle, two factors could relatively quickly halt the slide in rates: Large-scale event with...
by Elizabeth Ferguson | November 19, 2015 | Casualty, Construction, Cyber & Technology, Environment, Healthcare, Property, Real Estate, Workers' Compensation
Lockton has released its Fall 2015 P&C Market Update and the US property and casualty insurance market has seen competition continue to increase in a market characterized by excess capital, low interest rates, and slow economic growth. Most clients are benefitting...
by Elizabeth Ferguson | June 12, 2015 | Construction, Cyber & Technology, Energy, Financial & Executive Risk, Healthcare, Property, Risk Management, Surety, Workers' Compensation
The US property and casualty insurance market has seen a surplus of growth in the last several years, leading to ample capacity and favorable rates. Overall, it continues to be a buyer-friendly environment that is not expected to change soon, barring a catastrophic...
by Elizabeth Ferguson | December 31, 2014 | Casualty, Construction, Cyber & Technology, Directors & Officers, Energy, Financial & Executive Risk, Healthcare, Property, Risk Management, Surety, Workers' Compensation
The non-renewal of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) has far-reaching implications, as the federal backstop will be unavailable to traditional insurers as well as to US-based captive insurers. In the latest Market Update, Lockton...
by Tim DeSett | September 30, 2014 | Casualty, Cyber & Technology, Directors & Officers, Healthcare, Property, Real Estate, Risk Management
In today’s insurance market, excess capacity and increased competition (for the most part) have created opportunity in negotiating terms and conditions. Depending on the line of business, this has come in the form of flat to reduced rates, multiyear agreements, and/or...
