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.
Why businesses often misunderstand both the value of what they own and the protection they have in place
As climate, cyber and emerging risks grow more complex, organisations are finding conventional policies fall short
NOAA's most favourable outlook in over a decade has done little to calm the market
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
