Year-end reinsurance renewal rates varied sharply by line of business, experts say. Property reinsurance renewed down 10% to 20% as record levels of traditional and alternative reinsurance capital outpaced demand. Casualty treaties, though, renewed “broad... See more
Property markets are forecast to be down as much as 20% while casualty markets will remain flat or in positive territory, according to a report Tuesday from USI Insurance Services. Non-catastrophe exposed property with a minimal loss history and favorable... See more
Commercial insurers and brokers should be able to realize cost efficiencies of up to 4% over the next five years by implementing artificial intelligence across back–office and underwriting operations, according to a report Monday from Morgan Stanley Resea... See more
Property reinsurance renewals were off 10% to 20% as abundant capital outpaced demand at Jan. 1 reinsurance renewals. Casualty lines were less forgiving as litigation issues and loss development continues to weigh on markets but still allowed many cedents... See more
Trucordia, which traces its origins to 1987, has grown significantly through acquisitions over the past seven years and spent 2025 continuing to buy other brokerages.
Known as PCF before its 2024 rebrand, the brokerage began 2025 by acquiring Kenner, Loui... See more
