Monica Ningen, CEO, property/casualty reinsurance, Swiss Re, said losses in the U.S. commercial casualty insurance market have increased by 11% over the past five years, reaching $143 billion in 2023.
Sept. 24, 2024
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Top Issues at NAMIC Gathering: Policyholder Focus, Risk Management, AI
NAMIC's Alldredge: P/C Mutual Sector Sees Consolidation Trend, Not Demutualization
NAMIC's Grande: Tax Reform Looms Large for Insurance Industry
North Star Mutual's Hellie: Company Invests in Local College To Tackle Talent Shortage
Gen Re's Beardsley: Auto Insurance Woes Continue as Casualty Claims Severity Rises
Greater New York Mutual's Heck Warns of Regulatory Overreach
NAMIC's Collins: State-Level AI and Data Privacy Debates Could Sweep Up Insurers
Harford's Linkous: Weather and Reinsurance Driving Consolidation in Mutual Insurance Market
AM Best's Holzberger and Diodato: Insurers Respond to Rising Cat Losses With De-Risking, Rate
Mutual Group's Chamness: Mutuals Face 'Perfect Storm' of Challenges
Swiss Re's Badanes: Responsible AI Use Emphasizes Explainability and Bias Prevention
Surefyre's Gonzales: API Integrations Are Revolutionizing Insurance Operations
Guy Carpenter's Domino: Reinsurers Seek Deeper Partnerships Across Multiple Business Lines
Convr's Stammen: Insurance Underwriters See a Productivity Boost With AI Integration
NeuralMetrics' Schrenk: Legacy Systems, Change Management Are Hurdles in AI Integration
Xceedance's Stokes: Mutual Insurers Navigate AI Integration While Preserving Customer Trust
Mutual Panel at NAMIC: Regional Disparities Emerge in Mutual Insurance Performance
Swiss Re's Ningen: US Litigation Funding Driving Up Casualty Insurance Losses
Western National's Long: Mutual Insurers Have an Advantage in Developing Talent
NAMIC's Kirkner: Mutual Insurers Ramp Up Judicial Advocacy Efforts
Pennsylvania Lumbermens CEO Warns of Leadership Vacuum as Insurance Industry Grays
Grinnell's Menary: Global Reinsurance Shifts Reshape Mutual Insurance Landscape
NAMICO CEO Warns of Coordinated Plaintiff Strategies in Insurance Disputes
AM Best's O'Larte: Weather Events and Inflation Squeeze Profits for Small, Regional Mutuals
AM Best: US Property/Casualty Mutuals Resilient Despite Persistent Volatility