Motor Insurance

Sometimes It’s Cheaper to Insure a Ferrari Than a Skoda; Really?

Some research from Bloomberg on the rising cost of motor claims and how it can affect premiums on mainstream vehicles; According to a new report from Bloomberg Intelligence (BI), Admiral, Direct Line and other UK […]

Global insurance trends

Bloomberg Cyber Report States Demand For Cover Will Rise

The latest report from Bloomberg sees more cyber threats emerging, prompting demand for cover; Demand for cyber insurance is set to grow amid a spate of high-profile attacks, according to a new market report from […]

Global insurance trends

Bloomberg Sees Hurricane Claims Posing a Problem For Reinsurers

The latest from Bloomberg Intelligence FYI; Higher reinsurance-policy retention might afford Munich Re, Swiss Re and peers’ a shield, yet lowered prices don’t reflect the risk posed by high sea temperatures in the current hurricane […]

Global insurance trends

Bloomberg Intelligence Looks at P&C Trends For the Rest of 2024

Some insights from Bloomberg for you, as they look ahead to the rest of 2024. Will claims inflation still be a challenge for insurers, will AI and automation crunch data faster? Here’s the word; Claims […]

News

Personal Lines Rates Are Higher in the UK, Says Bloomberg Intelligence

This is an interesting note from Bloomberg, which suggests that some premium rate rises in the UK and Ireland are significantly higher than mainland Europe. Here’s the word; Price increases for personal lines in the […]

Global insurance trends

Bloomberg Predicts More Insurers May Walk Away From Cat Risks

Bloomberg Intelligence sees insurers potentially pulling cover from high risk, high asset value areas, affected by typical seasonal weather events like hurricanes, storms and human-set wildfires. Here’s the word; A 360% rise in insured losses […]