by Jennifer Schuler | December 3, 2018 | Casualty, Construction, Corporate Governance & Risk Management, Cyber & Technology, Directors & Officers, Energy, Food Safety, Global Risk, Insurance Market, Marine, Product Recall, Property, Real Estate, Risk Management, Surety, Transportation, Uncategorized, Workers' Compensation
Despite strong financial performance, the US property and casualty (P&C) market is still in a modest transition, as there is a continued increase in the frequency of severe claims and a prolonged period of large weather events. This is leading the market to be...
by Jennifer Schuler | December 19, 2016 | Casualty, Construction, Cyber & Technology, Energy, Environment, Financial & Executive Risk, Healthcare, Insurance Market, Mergers & Acquisitions, Property, Real Estate, Surety, Transportation, transportation market, Uncategorized, Workers' Compensation
It’s still a buyer’s market in commercial insurance. Major changes have created strong competition, ample capacity and lower prices during the past several years. Lockton’s December 2016 P&C Market Update states that the competitive landscape continues, as...
by Mark Mullervy | May 31, 2016 | Energy, Uncategorized
The insurance market continues to feel the pain of the industry down-turn. The supply and demand imbalance for the past 18-24 months has continued unabated. The market is still characterized by drastic over-capacity and demand that has fallen off a cliff. CAPEX is...
by Mark Mullervy | May 23, 2016 | Energy
More egregious than the US Government cracking down on banks for being overly optimistic with their loans, has been the direct influence of regulators on the wider operations of energy firms. Especially with respect to their surety / bonding obligations. Nowhere has...
by Mark Mullervy | May 16, 2016 | Energy
As we entered 2016, crude oil sat at $33 per barrel, down from more than $100 as recently as summer 2014. The naysayers in January, Goldman Sachs among them, predicted a plunge into the $20s, if not lower. Bearish sentiment crept beyond energy markets as the Dow sold...
by Jennifer Schuler | 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...
