Tag Archives: market review

How the Property Marketplace is Reacting to Sandy

by Colleen McCarthy, November 9, 2012 | Posted in North America, weather risk

Even before all the lights are back on in the Northeast, Superstorm Sandy is changing our view of the property market.  With recovery and assessment activity underway, claims continue to escalate and the insurance marketplace is reacting. Continue reading →

Video – Mixed Signals: Navigating a Mixed Marketplace

by Colleen McCarthy, October 12, 2012 | Posted in Cyber Risk, Directors & Officers, Employee Benefits / Human Resources, North America

A year ago we were searching for an inflection point between the end of a soft market, and the start of a hard market. So far, that has not happened. Rather, as we report in the 2013 Marketplace Realities report, … Continue reading →

Video – Aerospace Marketplace: The View from 30,000 Feet

by Steve Doyle, September 20, 2012 | Posted in Aerospace

We are going through a particularly benign loss period in the aviation insurance market. There has been $500m worth of losses in the first eight months of this year and just over $1bn worth of losses last year. Compare that with a five-year loss average of $2bn and you get two excellent years for underwriters. With premiums down overall 5% this year it looks as if these conditions are set to continue. I spoke to Willis TV about my view of the aviation insurance market as well as what it will take to significantly shift the market. Continue reading →

Benign Aviation Market Makes for Happy Buyers

by Steve Doyle, August 22, 2012 | Posted in Aerospace

The airline insurance market is as stable as people can ever remember. Abundant capacity, low loss levels and minimum exposure growth means that it remains a buyers market. We reported all this recently in our latest Airline Market Update. Continue reading →

The Top 5 Threats to the Energy Industry in 2012

by Robin Somerville, June 13, 2012 | Posted in Energy, Supply-Chain Risk

Delegates at Willis’ second North American Energy Conference ranked the threats to the industry in order of importance to them. Here's what they said. Continue reading →

Aerospace Insurance Remains a Buyers’ Market

by Steve Doyle, May 21, 2012 | Posted in Aerospace

As the latest Willis Aerospace Aviation Products Market Review reveals, the Aerospace market remains a buyers’ market in every sector. Continue reading →

Energy Insurance Markets Defy Economic Laws

by Robin Somerville, April 25, 2012 | Posted in Energy

One of the strangest features of the energy insurance market that we address in our recently released 2012 Energy Market Review is how the market is seemingly defying the basic laws of economics. These state that an increase in supply—in … Continue reading →

Willis Review Finds Energy Market Stable but Fragile

by Robin Somerville, April 17, 2012 | Posted in Energy

The energy market recorded its worst ever year for non-windstorm related losses in 2011 with close to $9 bn in combined insured and uninsured total losses. This is according to our latest Willis Energy Market Review that was released today … Continue reading →

Biggest Risks Facing Mining Industry

by Steve Higginson, February 8, 2012 | Posted in Mining

In my last blog, I referred to the number of losses suffered by the mining industry over the past five or so years. I noted that losses originated from a plethora of causes including natural catastrophes and operational shock losses. Continue reading →

Beware the Calm Before the Storm! Why Today’s Stable Energy Market Conditions Could Disappear Overnight

by Robin Somerville, January 10, 2012 | Posted in Energy

It’s part of my job to highlight where Willis thinks the energy insurance markets are headed as we move into 2012. In our most recent Energy Market Review newsletter we’ve highlighted the various factors that are currently contributing to the … Continue reading →