Hurricane Milton’s Impact Limited for U.S. P&C Insurers and Global Reinsurers
Hurricane Milton is not likely to affect credit for rated property and casualty insurers and global reinsurers given very strong capital levels
Insurance
ILS & Catastrophe Bond Market Expands with Record Issuances & Cyber Risk Inclusion
Catastrophe bond issuance set records in three of the past four quarters, pushing the market to $45.6 bn—an 18% rise
U.S. Annuity Insurance Sales Surge in 2024: Q3 Growth Trends
Total annuity sales in the U.S. reached $114.6 bn in the third quarter of 2024, marking a 29% year-over-year increase. This represents the 16th straight quarter of growth
Canada’s Life & Annuity Insurers Perform Strongly Amid Transition to IFRS 17
Canada’s life and annuity insurance sector’s solid performance, boosted by economic growth and favorable interest rates
Global Catastrophe Report: Top 5 Costliest Economic & Insured Loss Events
Q3 2024 saw a number of significant disaster events, which drove total economic losses from natural catastrophes above at least $258 bn
Climate Change Resilience in Global P&C Insurance: Profitability & Underwriting
Primary insurers have varying levels of exposure to climate risk, with the property and casualty insurance markets in the US and Japan identified as the most sensitive
How Will the EU AI Act Affect the Insurance Industry?
The EU AI Act, published by the European Commission in July 2024, introduces the first regulations on AI development and usage across sectors to protect citizens’ rights
Hurricane Milton Economic and Insurance Loss Forecast: Impact on Re/Insurers
Economic and insured losses from Hurricane Milton remain uncertain, Milton is the second major storm to hit the U.S. within two weeks, following Hurricane Helene
UK Tighten Scrutiny on Russia’s Shadow Fleet and Insurance for Crude Oil
UK and India increase scrutiny on Russia’s shadow fleet and crude oil shipments, impacting maritime insurance and global oil exports.
Hurricane Milton Triggers Major Losses for Insurers and Reinsurers
Hurricane Milton is anticipated to be one of the most powerful and economically detrimental hurricanes to make landfall in the western region of Florida
Canadian Life Insurance Market: Q2 2024 Sales Results
Canadian life insurance market new annualized premium grew 10% to C$522 mn ($387 mn) in Q2 2024 compared to the same period last year. Policy count also increased 4%
Impact of Excess Mortality after COVID-19 on Life & Health Insurance
4 years after the pandemic began in 2020, many countries still report higher death rates. For Life and Health (L&H) insurance, this poses a challenge
Artificial Intelligence Promises to Revolutionize P&C Insurance Industry
Artificial intelligence promises to revolutionize how P&C insurance business gets done. The exact ways AI will influence business are unknown
2025 U.S. Property and Casualty Insurance Industry Outlook
U.S. property and casualty (P&C) insurance industry achieved its best underwriting performance in over 15 years in 2025. The industry has turned a corner
North American P&C Insurer Underwriting Performance
The results for North American property and casualty insurers indicate strong operating returns across sectors. Improved underwriting results and higher investment income
U.S. Life Insurance Market in 2024. Top 20 Life Insurers by Premium
Total U.S. life insurance new annualized premium fell 1% in the H1 2024 to $7.4 bn and policies sold remained flat. The total number of policies sold in the 2024
Impact of Concert Cancellations on Insurers & Music Industry. Taylor Swift’s Insurance Case
The cancellation of major tour events, like concerts, poses significant financial risks for insurance industry. This impact is especially evident with high-profile artists
Global Emerging Risks, Insurance & Macro Trends Outlook
The world undergoes constant change and this gives rise to “emerging risks”. Thechanging risks are difficult to quantify, yet can have significant impact on the insurance industry
Western Insurers Provides Cover for Tankers with Russian Oil Despite Sanctions
Western insurers have provided coverage for Rosneft tankers transporting sub-sanctioned Russian crude… despite the risks linked to the G7 price cap
U.S. Personal Auto Insurers See Strong Recovery, Growth Expected in 2025
The improving 2024 results for U.S. personal auto insurers are expected to persist through the rest of 2024 and into 2025. Significant price hikes and easing claims severity
US Life Insurers Report Strong 2024 Earnings and Outline Strategic Growth
US life insurers experienced a relatively stable second quarter, showing higher year-over-year earnings and unveiling strategic updates for select companies
Global Natural Disaster Losses in H1 2024 Reached $120 bn
Global natural disaster losses in the first half of 2024 reached $120 bn, down from 2023, which saw $140 bn in losses due to a severe earthquake in Turkey and Syria
Business Interruption Risk Insurance for Global Supply Chains
Reduced investment in supply chains lowers their resilience to natural disasters, unexpected technology outages, and political events, increasing the risk
Increasing Use of AI Technology Triggers Insurance Claims
Increasing use of artificial intelligence triggers claims across many lines of business. Insurers will need to understand of intended effects
Major Natural Disasters in H1 2024: Insights for Insurance Industry
Natural disasters amplified by climate change continue to take a bitter toll on the global economy, caused $350 bn in economic losses, with insurance covering just over $100 bn
H1 2024 Global Natural Catastrophe Statistics: Economic & Insurance Losses
1H 2024 saw multiple notable natural catastrophe events, which drove total year-to-date economic losses above at least $117 bn
Rising Interest Rates Boost Life Insurers’ Risk Appetite
Life insurers’ risk appetite is returning rapidly as interest rates remain higher for longer. Stock insurers are regaining appetite for asset-intensive business
US Severe Convective Storm: Costliest Insured Loss in 2024
Severe convective storm (SCS) losses in the US continued to dominate global insured losses in 2024, following a highly active period for the peril
Homeowners Insurance Costs Dynamics, Trends and Forecast
The rise in U.S. homeowners insurance costs have been driven by a combination of increasing natural catastrophe losses and extraordinary inflation
World Insurance Industry in 2024 Reached a New Equilibrium
The global insurance industry has reached a new equilibrium after the challenges of recent years. The global economy has surprised on the upside
Insurance Industry Faces Challenges as Atlantic Hurricane Season Begins
The 2024 Atlantic hurricane season officially began and has already been active. Business owners found that 91% identified specific weather or natural hazards as risk
2024 Global Natural Catastrophes. Top 10 Costliest Insured Events
The total economic loss from global natural catastrophes for H1 2024 was estimated at $128 bn, insured losses totalled at $61 bn
Global Benefits Standards for Multinationals
Aon released Global Benefits Trends Study. The study indicates global minimum benefits standards are becoming standard for multinationals
Hurricane Beryl’s Impact on Insurance Industry: Loss Forecasts
Insured losses from Hurricane Berylcould have surged if the Category 1 hurricane had struck a densely populated Texas city like Corpus Christi or Galveston
US Property & Casualty Insurance Set for 2024 Profit Boost
The U.S. property and casualty insurance market is set for a return to underwriting profitability and significant improvements in return on capital
Retirement Savings Gap and Life Insurance Strategies
The low interest rate years were challenging for people trying to save for retirement. Low rates made savings products and life insurance less appealing
New UK Government Will Claim to Reduce Car Insurance Hikes
The UK Government can reduce claims costs to lower car insurance prices, according to industry experts. The Labour Party, which polls indicate is win the general election
2024-2025 Forecasts for the German Non-Life Insurance Sector
Fitch Ratings upgraded its outlook for the German non-life insurance sector from ‘neutral’ to ‘improving’ due to anticipated better profitability from rising premium rates
U.S. Homeowners Insurance Claims for Lightning Losses
$1.2 bn in lightning-related homeowners insurance claims were paid to more than 70,000 policyholders in the U.S., with $194 mn attributed to Texas alone
Home Insurance in Florida: Lower Rate and Risk Crisis
Home insurance premiums in Florida rose at a much lower rate than originally projected in 2023 (80% less) and 2024 (60% less)
Life Insurers’ Exposures to Illiquid Assets Have Been Rising
While life insurers’ exposures to illiquid assets have been rising, it does not necessarily lead to unmeasured risks. Private and illiquid credit cannot be traded or sold
Higher Interest Rates Improve the Outlook for Life Insurance
Higher interest rates improve the outlook for life insurers. Demand for savings-related products is surging, with US fixed annuity sales
Personal Auto Insurance Rates Overview
Personal auto insurance underwriting profitability appears to finally be headed in a positive direction after recent years of record underwriting losses
Global Life Insurance Industry in 2024 Undergoing Significant Evolution
The life insurance industry in 2024 looks very different to 15 years ago. Low interest rates from 2008 until the inflation surge after 2021 put huge strain on the traditional life
Life Insurance & Retirement Savings. Forecast for the U.S. & Europe
The surge in interest rates to 15-year highs significantly improves the outlook for life and annuity insurance. The life insurance industry today looks very different to 15 years ago
Insurers Accelerating AI Integration in Insurance Customer Experience
Insurance companies have increasingly integrated digital processes into their customer journeys, yet the adoption of AI technologies lags behind
Insurance Brokers Global Ratings by Revenues
The worldwide insurance broking market generated approximately $180 bn in fees and commissions in 2024, compared with $166.5 bn in 2023 on a constant currency basis
El Niño & La Niña. Direct Impact for Insurance Industry
Insurance alone cannot help protect the region from disruption caused by severe weather events brought by El Niño and La Niña
How Insurers Can Get Best Results from Artificial Intelligence Tools?
As the insurance market recognizes the potential of artificial intelligence, there remains uncertainty about how to effectively apply the technology to enhance customer engagement
New Trends in Insurance Mergers and Acquisitions for 2024-2025
Deloitte presents new trends in insurance mergers and acquisitions for 2024-2025, focusing on how economic, regulatory, and strategic factors might shape the future.
Forum for Insurance Transition to Net Zero Scales Up Climate Action by Insurers
Forum for Insurance Transition to Net Zero (FIT), a new UN-led and convened structured dialogue and multistakeholder forum
Impact of Climate Change on Health & Life Insurance Industries
In the insurance industry, understanding of the risks related to climate change is mostly concentrated in P&C business lines as well as investments
Dog Bite Liability Insurance Review: Claims & U.S.Legislation
Insurance policies often cover dog bite liability, providing financial protection for the owner against claims from bites or other injuries caused by their dog
Global Natural Catastrophe Report: Q1 2024 Insurance Insights
The global financial cost of natural catastrophes starting in 2024 was manageable for federal governments and the insurance industry
U.S. Commercial Lines Insurance Pricing Review
Commercial insurance prices began to rise again, exceeding 5% in the 2023 and further increasing to above 6% by the 2024
How Many Insured Losses Drives the Francis Scott Key Bridge Collapse?
The collapse of the Francis Scott Key Bridge near the Port of Baltimore, Maryland is expected to drive up to $4 bn in insured losses
Generative Artificial Intelligence Provides Great Opportunities for Insurers
Generative artificial intelligence is a great opportunities for insurers. AI considered one of the most important technological breakthroughs of the last few decades
Artificial Intelligence Becomes an Unexpected Risk for Insurance
With artificial intelligence practically impacting all aspects of everyday life, the number of insurance gaps when using AI has staggered in recent years
World’s Most Valuable Insurance Brands in 2024
World’s most valuable insurance brands retain their ranks through innovation and adaptability strategies. Brand Finance compiles a Sustainability Perceptions Index
World’s Most Valuable Insurance Policy
The world’s most valuable life insurance policy has been taken out by an individual customer of HSBC Life in Hong Kong, according to Guinness World Records
New tanker attacks in the Persian Gulf and Strait of Hormuz highlight marine war-risk insurance exposure as oil prices rebound amid uncertainty over Iran
Artificial intelligence systems can improve diagnostic accuracy and healthcare efficiency without necessarily reducing disparities between patient groups
Insurtech MGAs are prioritizing underwriting profitability, AI automation and specialty insurance expertise as carriers and reinsurers demand sustainable performance
Beinsure examines the latest global insurance brokerage market data for 2025-2026, financial results of the largest brokers, market concentration, M&A trends