Global premium growth is slowing in both life and non-life insurance. After strong growth of 5.2% in 2024, premiums are forecast to grow just 2% in 2025, improving slightly to 2.3% in 2026
Six months after wind-driven wildfires killed 30 people and destroyed thousands of homes and businesses in and around Los Angeles, the scenes in Altadena and Pacific Palisades remain severe
Global commercial insurance rates declined by 3% in Q1 2025, the third consecutive decrease in the composite rate following seven years of increases
Insurance rates in Asia dropped by 3% in Q1 2025, with competitive conditions supported by international and wholesale markets
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
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
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
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
EMEA insurers, while not directly impacted by US tariffs, face considerable exposure to secondary effects
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)
Wildfire-related directors and officers (D&O) lawsuits represent a growing category of event-driven shareholder litigation. These insurance claims arise from major environmental
S&P Global Ratings reports that North American insurers have sufficient capital and liquidity to absorb current market volatility, including disruptions linked to recent tariff measures
Auto insurance premiums in the U.S. could rise 14% by the end of 2025 due to new tariffs on imported vehicles and parts
Wider natural catastrophe exposure continues to pressure financial results across the property and casualty (P&C) insurance industry
How GLP-1 therapies are altering medical practices and insurance structures, prompting reinsurers to adjust their strategies to align with emerging risk profiles
32% of surveyed insurance executives identified these issues as a significant macroeconomic risk, ranking 5th after inflation, recession, market volatility, and geopolitical tensions
U.S. Financial Stability Oversight Council said
there has been a shift in the composition of life insurers’ liabilities and an increase of private equity firms
Insurance Europe supports the European Commission’s ambition to build a Savings and Investments Union. The insurance sector plays a crucial role in achieving the SIU’s goals
The directors and officers (D&O) insurance market has experienced favorable results in recent years, but ongoing risks and market uncertainties could challenge sustainability
U.S. life insurers have used reinsurance to reduce exposure to long-term care (LTC) insurance. The transactions strengthen balance sheets, improve capital efficiency
Will requiring insurance for gun owners reduce firearm-related violence and economic costs, or will it be struck down as an unconstitutional restriction on Second Amendment rights?
Fitch Ratings projects that the property and casualty (P&C) insurance sector will continue to face difficulties in 2025 due to volatile natural catastrophe risks
The IG clubs collectively reported a record high level of free reserves in 2023/24 driven by high investment returns, mainly due to the reversal of prior year unrealised losses on fixed income portfolios
US trade policy uncertainty affects regional growth forecasts, with the US economy expected to outpace the Euro area. China faces weaker growth
In 2025, the best automated mail sorters will transform how insurance professionals sort and distribute communications, enhancing speed and reducing human error
Policyholder protections must be stronger, and insurance pricing needs to be more transparent, Washington Insurance Commissioner Patty Kuderer
The enhancements to regulatory standards are supportive of ratings for North American life insurers, which are generally expected to maintain strong balance sheets
Canada insurance market saw further rate declines in 2024, with property, casualty, financial, and cyber lines experiencing reductions. Property insurance rates fell 3%
Insurance rates in Europe declined 2% in the fourth quarter of 2024. The European insurance industry faced a year of changes and challenges
The UK insurance market experienced a shift in 2025, with property, casualty, and financial lines seeing notable rate declines, while motor insurance remained an exception
The Global Insurance Market Index is proprietary measure of commercial insurance rate changes at renewal. Below are insights into the US insurance market
U.S. P&C market in 2024 is expected to show improved underwriting results, according to the Insurance Economics and Underwriting
The aviation industry faced a complex landscape in 2024, shaped by ongoing uncertainty, competitive pressures, and significant incidents
WTW has analyzed natural disasters, key lessons, and emerging trends. The assessment will focus on physical and vulnerability NatCat factors
Compare auto insurance types. Selecting the right car insurance coverage requires understanding the available options and how they protect against different risks
Commercial umbrella insurance is a policy developed to provide a supplementary layer of liability protection by augmenting the limits of policies already in place
The U.S. Property & casualty insurance market faces rising loss costs, driven by inflation, severe weather events, and litigation trends
Insured catastrophe losses in Canada reached a record C$8.5 bn in 2024, nearly tripling the prior year’s total and standing 12 times higher than the annual average
Full list of 500+ deadliest aircraft crashes and worst aviation accidents, detailing major disasters, fatalities, and their global impact
Los Angeles wildfires to be a major catastrophic event for the insurance industry. Analysts indicate that the re/insurance sector remains well-capitalized to manage losses
U.S. individual life insurance premium is on track to reach a record $16 bn in 2024 and continue growing in the current year, as the market continues riding a bounce
North American life insurer credit losses will remain benign in 2025, despite modest increases due to ongoing pressure on commercial real estate (CRE) assets
In the US, two major hurricanes and frequent severe thunderstorms accounted for at least two-thirds of the year’s global insured losses, which currently exceed $135 bn
The global economy is poised for further solid expansion. We forecast global real GDP growth at 2.8% in 2025 and 2.7% in 2026, roughly in line with 2024
The London re/insurance market sees a growing push toward digital approaches. Enhanced underwriting stands out as a new direction for companies
Economic losses from natural catastrophes in the EU are rising due to increased economic exposure and the growing severity of climate-related disasters
Government-backed catastrophe insurance schemes play a vital role in managing the financial impact of natural disasters across Europe
A catastrophic crash of an Embraer E190 passenger plane operated by Azerbaijan Airlines occurred near Aktau, Kazakhstan. As a result of the tragedy, 38 people lost their lives, while 29 survived
