Acturis Limited’s Post

The answer is... The monster must become the property of the insurers. This was actually one of the three conditions in the policy. Explore the blog from @Propel Insurance to learn more about this unique policy: https://hubs.ly/Q02Sy0lT0. #Lloyds #LloydsofLondon #Insurance #MarineInsurance #RiskManagement #Underwriting #FunFact #Nessie #Trivia #TriviaTuesday

📉 Commercial Insurance premiums drop for first time in 3 Years! In Q2 2024, we saw a significant drop in Commercial Combined and Liability premiums for the first time in three years. But what does this mean? 👉 Market Softening: Could we be entering a softer insurance market? 👉 Cost Savings: How will businesses use the extra savings? Growth? Investments? 👉 Economic Confidence: Is this a sign of stability returning to the commercial sector? Are we going to see something similar at the end of Q3? Will this trend continue? #insurance #commercialinsurance #commercial #market #trends

Take a look to our latest European insurance market update!!! 👇🏽Click on the link below for the full video from Nicoletta Cossutta

Hear from our European Head of Broking Nicoletta Cossutta as she shares WTW’s view on European commercial insurance market outlook for 2024 and major trends that followed 1st January renewals. Watch the full video here. https://ow.ly/yCSp50RjJ8m #WTWperspective #WTWrisk #Insurance #WTWGlobalMarketplaceInsights

Market Value vs. Insured Value...How do they differ? When reviewing insurance coverage, don't be misled by a property's market worth. The insured value may not align with the current market or perceived value of the property as a whole.  Market value and insured value differ in their focus and purpose. Read on to learn more! #lakenan #insurance #insuredvalue #marketvalue #property

U.S. commercial insurance prices showed an aggregate increase above 6%. The @WTWcorporate 2023 Q4 Commercial Lines Insurance Pricing Survey again indicates moderate to significant upward price adjustments for multiple lines. #insurance #riskmanagement

Step-rate is an industry-wide pricing structure where insurance costs increase incrementally during the early years of coverage. Step-rating allows insurers to match the premium charged to the risk of a claim being made. Learn more: https://buff.ly/3xQSO3l #StepRate #LawFirm #Insurance

The CCC Program is now available! Don't miss out on all that this years conference has to offer. Visit https://lnkd.in/giYznjiE to learn more. See y'all in the Wild Wild West of Claims! #claimsprofessionals #combinedclaimsconference #insurance #insuranceindustry #insuranceprofessionals #claimsmanagement #claimsprocessing

My colleague Garon Anthony was interviewed by Law360 UK last week as part of a piece on the 4th anniversary of the UK going into lockdown looking at business interruption insurance cases as a result of the COVID-19 pandemic and the resultant lockdowns. The full article can be read here: https://lnkd.in/gvcMnr48 Irwin Mitchell #BusinessInterruptionInsurance #COVID19 #lockdown #pandemic #insurance #FCATestCase

The Bermuda Monetary Authority confirmed eight new insurance registrations for the month of December; five Restricted Special Purpose insurers, an Innovative Intermediary IMP, a Class E and a Class C insurer. Visit our website to view the full summary: http://ow.ly/H0AJ50HVLWS #BMA #Insurance #BermudaMonetaryAuthority #Statistics #InnovativeIntermediaryIMP #InsuranceRegistration #InnovativeInsurer #Insurer