Natural Catastrophe Exposure Continues to Pressure P&C Insurance Results
Wider natural catastrophe exposure continues to pressure financial results across the property and casualty (P&C) insurance industry
P&C Insurance Claims review on Beinsure Media focuses on the various aspects of property and casualty insurance claims. This category covers topics such as the processes involved in filing and handling claims, the challenges faced by policyholders, and the strategies insurers use to manage claims efficiently.
Content under this category provides insights into different types of property and casualty insurance claims, including those related to auto, home, and commercial insurance. It explores the roles of adjusters, investigators, and legal professionals in the claims process. Additionally, the category highlights industry trends, regulatory changes, and best practices for both insurers and policyholders.
Articles often discuss how to effectively document and present a claim, common pitfalls to avoid, and tips for navigating disputes. The goal is to offer valuable information that helps stakeholders understand and improve their approach to handling insurance claims, ensuring fair and timely resolutions.
Wider natural catastrophe exposure continues to pressure financial results across the property and casualty (P&C) insurance industry
U.S. P&C market in 2024 is expected to show improved underwriting results, according to the Insurance Economics and Underwriting
Los Angeles wildfires to be a major catastrophic event for the insurance industry. Analysts indicate that the re/insurance sector remains well-capitalized to manage losses
Primary insurers have varying levels of exposure to climate risk, with the property and casualty insurance markets in the US and Japan identified as the most sensitive
Insurance claims management software can streamline intake, evaluation, validation, payouts and closure. Unfortunately, not all platforms are built to the same standard
$1.2 bn in lightning-related homeowners insurance claims were paid to more than 70,000 policyholders in the U.S., with $194 mn attributed to Texas alone
Reinsurance market — a critical piece of Florida’s property-insurance system — is improving as Florida insurers try to bounce back
US property and casualty P&C industry underwriting results are likely to improve in 2024 as premium rates rise significantly in underperforming auto
2024 will be a difficult year for the US P&C industry: claims severities surged with inflation, natural catastrophe losses were elevated for a sixth straight year
A hard market, higher reinsurance costs and ongoing low M&A activity are in the cards for property and casualty insurers in the new year
The P&C insurance claims landscape is becoming increasingly challenging due to unprecedented claims inflation. There are many underlying causes—among them