AM Best maintains a stable outlook for the UK life insurance market, supported by strong pension-related activity, steady expansion in defined contribution (DC) pensions
Directors and officers face rising legal and regulatory risks from AI adoption, cyber threats, and evolving privacy laws across the Asia Pacific region
Severe weather in Kentucky drives up insurance rates, strains carriers, and prompts regulatory changes as tornadoes and hailstorms increase in frequency and cost
AI is reshaping insurance with faster claims, smart underwriting, and fraud detection—even in emerging markets, where adoption is steadily growing
The Bloomberg Billionaires Index ranks the richest people globally, updating their net worth daily based on stock market performance, economic conditions
California’s Insurance Market: The Case for Risk-Based Pricing and Data-Driven Mitigatio. California’s insurance availability/affordability challenges
Life reinsurers based in Bermuda have recorded increased activity as annuity sales rise in the U.S. and recent regulatory changes
As electric vehicles (EVs) gain popularity, the insurance industry is also adapting to meet the unique requirements of eco-conscious drivers
INSURANCE MARKET REVIEW
Lightning causes significant fire risk to small and medium-sized enterprises (SMEs), resulting in annual damages of several billion dollars
Geoeconomic fragmentation makes managing global risks like climate, cyber, and pandemic risks more difficult for insurance and reinsurance sectors
Rising geopolitical tensions and economic nationalism are causing a slowdown in global integration, which presents significant challenges but also opportunities for insurers
As insurers worldwide look for ways to modernize operations and enhance client experiences, blockchain offers a compelling solution to long-standing challenges
EMEA insurers, while not directly impacted by US tariffs, face considerable exposure to secondary effects
Multiple indicators suggest the beginning of another “crypto winter,” driven by sharp negative sentiment following the introduction of global tariffs and the risk of further escalation
Global reinsurers’ profitability will remain strong in 2025 despite lower risk-adjusted prices for most business lines when reinsurance contracts
Wider natural catastrophe exposure continues to pressure financial results across the property and casualty (P&C) insurance industry
Europe’s four largest reinsurers—Munich Re, Swiss Re, Hannover Re, and SCOR—reported strong financial results in 2024
How GLP-1 therapies are altering medical practices and insurance structures, prompting reinsurers to adjust their strategies to align with emerging risk profiles