Reinsurance buyers generally experienced a more competitive reinsurance market at the July 1 renewal compared to recent years, with capacity available even where demand increased
D&O liability insurance market in the United States continues to experience pressures from new technologies, economic volatility, and geopolitical tensions
The NAIC revised its 2024 cyber supplement, shifting to a primary/excess/endorsement split, improving clarity on cyber policy types and premium reporting.
The United States personal auto insurance industry experienced its best underwriting result in the post-pandemic era with a net combined ratio of 95.3
European insurers to significantly increase their exposure to private credit in the coming years. Assets accounted for approximately 13% of insurer investment portfolios
Insurers have put aside their initial reluctance and welcomed artificial intelligence to help customers and better understand risk
Aon’s 2025 Cyber Risk Report shows rising claims, falling payouts, premium declines, and increased cyber maturity, with mid-market firms facing highest exposure.
Global reinsurers reported strong results with a continued capital build driven by strong retained earnings. The reinsurance industry’s reported and underlying ROE remained well
INSURANCE MARKET REVIEW
In 2025, U.S. individual life insurance new annualized premium reached $3.94 bn. Total U.S. pension risk transfer new premium reached $7.1 bn
The insurance industry faces several ongoing challenges linked to long-term economic, social, and environmental trends. These structural risks require active management to ensure protection
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
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
U.S. cyber insurance renewal premium rates in 2025 have declined year over year for the past three quarters and are expected to remain under pressure
UK life insurers are poised to continue benefitting from strong bulk annuity volumes in 2025 despite potential challenges from regulatory changes
Global insured losses from natural disaster events in Q1 2025 were preliminarily estimated to reach at least $53 bn, the highest Q1 insured losses since Q1 2011 ($81 bn)