A deductible (or excess) is the portion of a loss retained by the insured before the policy responds, directly influencing both risk-sharing behavior and premium levels. Higher deductibles generally reduce premium but increase the insured’s volatility, making the choice a key tool in tailoring programmes to risk appetite and cash‑flow tolerance. For insurers, deductible structures affect claims frequency, administrative burden, and the shape of portfolio loss distributions, informing pricing, wording, and reinsurance strategy.
The company has reported a 98.0% combined ratio, record free reserves and its best investment return in more than a decade
Policy is bringing protection to venues long deemed uninsurable, starting with one site on the River Thames
While the wider international group nursed losses, the mutual delivered a result that stands out from the pack
Chubb, Allianz, MetLife, AXA and Zurich are turning a fringe specialty line into one of insurance's hottest growth stories
The scheme is looking to RIPE-style standardisation to improve recovery rates and ease capital strain on high-volume property damage claims
