AM Best: Florida Property Insurance Market Improves; Reinsurance Dependency Remains High

Karel Citroen, head of municipal credit research, Conning, explains the company’s reasoning for upgrading all 50 states from “declining” to “stable,” anticipating a return to pre-pandemic economic conditions.

AM Best Financial Analyst Josie Novak highlights new research that finds the aggregate combined ratio for active Florida specialists, as well as Citizens, outperformed AM Best's personal property composite for the first time since 2017.

Matthew Donahue, managing director, fixed asset advisory services, Kroll, discusses the impact of technology, inflation and regulatory changes on asset management, and strategies to navigate economic uncertainties.

AM Best Senior Director Carlos Wong-Fupuy highlights the new Best's Market Segment Report, crediting underwriting discipline and healthy profit margins as among the contributing factors to the global reinsurance segment upgrade.

Cathy Desquesses, group chief human resources officer and head of corporate services at Swiss Re, discusses the insurance industry’s efforts to attract and retain skilled professionals, and initiatives to create an inclusive and engaging work culture.

Grace Vandecruze, director of Grace Global Capital LLC, shares her rags to riches success story as well as her insights on the insurance industry from M&A to the quest for new and diverse talent.

Jay Guin, executive vice president and chief research officer at Verisk, discusses the myriad of natural catastrophes that Canada deals with because of its diverse geography and the related challenges cat modelers face.

AM Best Senior Director Greg Williams and Associate Director Dawn Walker discuss a new Best's Market Segment Report that determines substantial premium growth in 2023 demonstrates the importance of MGAs in the insurance value chain.

Wesley Todd, CEO, CaseGlide, explains how technology and software can be deployed in dealing with an aggressive plaintiff’s bar when defending insurers in claims litigation matters.

Recent college protests and upcoming political elections raise potential risks and escalate business leaders’ concerns about growing violence, said Beazley Focus Group Leader Lucy Straker and Head of North American commercial property Matthew Westhoff.