Wearable Technology & Fitness Devices Changes Insurance
Wearable technology like smart watches and fitness devices are changing the way insurers and insureds interact with data, but where has this revolution come from?
Insurance
2024 Global Ranking of the TOP-10 P&C (non-life) Insurers
According to Insuramore`s global rankings, the TOP-10 P&C (non-life) insurer groups accounted for 25.3% of total P&C gross direct premiums
Terrorism & Political Violence Insurance Market – Risk Review
Political Violence (Re)Insurance Risks are escalating as the world navigates a succession of crises. Economic and geopolitical shocks have dominated agendas
Large U.S. Health Insurers Have Expanded Participation in Individual Insurance
Fitch Ratings does not expect rating implications for U.S. health insurers from the expiration of Medicaid continuous enrollment
4 Key Benchmarks for Insurers to Implement ESG Investment Strategy
FCA review into ESG benchmarks and noted that these benchmarks are poor, and do not provide sufficient information for users to understand the purpose
How Global Aviation Re/Insurance Market Has Gone Through a Turbulence?
The aviation re/insurance market has gone through a turbulent few years, with the impact of the COVID-19 pandemic, geopolitical shocks and macroeconomic challenges
Cyber Insurance Market: Underwriting Strategies & Cybercapacity
The cyber insurance market has seen significant changes, with the segments within the market being more distinct and nuanced than previously experienced
US P&C Insurance Market Underwriting Results Improves
US property and casualty P&C industry underwriting results are likely to improve in 2024 as premium rates rise significantly in underperforming auto
Most expensive US P&C and Life Insurance Companies in 2023
US property and casualty insurance companies had a median price-to-estimated earnings multiple of 12.1x
Top 10 Trends in the Global Life Insurance Market 2024
High demand for global life insurance and increased worldwide risk awareness sparked by the pandemic have encouraged carriers to personalize solutions
US Severe Weather Insured Losses in Q1 Ranges of $7 bn to $9.5 bn
Q1 severe weather insured losses should come in at a range of $7 bn to $9.5 bn of insured severe thunderstorm storm losses from hail
EV Insurance. Impact of Electric Vehicles on the Insurance Industry
As the world is gearing up for a shift to allow environment-friendly electric vehicles, the changing landscape presents opportunities for the motor insurance industry
Triple-I’s Recommendations When Tornado-Caused Property Damage Occurs
Policyholders should contact their insurer to obtain the assistance they need. Many claims-filing services are available via either a mobile app or online
Top Challenges Facing Insurance Brokers in 2024
Brokers will continue to be a central part of insurance distribution and insurance companies will continue outsourcing insurance distribution
Indian Insurance Market Results: Scenario, Forcasts & Performance
Indian Insurance market stands at $131 bn. The Indian insurance industry grew at a CAGR of 17% over the last two decades
U.S. Homeowners Insurance Results: Premium Growth & Underwriting Loss
U.S. homeowners’ insurance is poised to post a statutory underwriting loss for reported results, as insurers continue to face above-average catastrophe losses
Biggest Challenges Facing US Auto & Home Insurers: Slow Growth & Inflation
Slow underlying growth and inflation are among the biggest challenges facing U.S. auto, home, and business insurers
Climate-Related Risks in the Insurance Sector
Climate change is an overarching global threat and a source of financial risk in the Insurance Sector, according to recent report, the United Nations
Global Insurance Market Report: Risk Assessment for Life & Non-Life Insurers
Global Insurance Market Report shares the outcome of the Global Monitoring Exercise, the International Association of Insurance Supervisors’ (IAIS’) risk assessment framework
International Financial Reporting Standards 17 Reshapes Insurance Accounting
IFRS 17 requirements could result in accounting mismatches and volatilities in profit and loss—a direct consequence of the insurer’s reinsurance management strategy entered
Natural Catastrophes Drivers. 6 Main Lessons for Insurance Industry
The natural disasters demonstrate that economic factors, in the last two years augmented by inflation, are the main driver of elevated insured losses from natural catastrophes
Global Insured Losses from Natural Catastrophes Perspective
Natural disasters resulted in global economic losses of USD 275 billion, of which USD 125 billion were covered by insurance, the fourth highest one-year total
Why Casualty Insurance has seen a decline in coverage and pricing?
Casualty insurance has seen a decline in coverage and pricing in the 2023, with both of them presenting potential challenges to the insurance market
Rough Year for Many US Auto, Property and Casualty Insurers
The US P&C industry recorded a net underwriting loss of $26.5 billion, worsening by $21.5 billion from the previous year
Global Insured & Economic Losses from Natural Catastrophes Outlook
Natural disasters resulted in global economic losses of USD 275 billion, of which USD 125 billion were covered by insurance
Insurance Digital Full-Funnel Marketing: Key Essentials & Stages
While the idea of full-funnel marketing in Insurance has been around for years, most insurers unable to overcome technological barriers
Global Insurance Sector Outlook: Insurers’ Growth and M&A Deals
Insurers received a boost from hardening property-casualty rates, but the growth outlook for the insurance sector in the 2024 appears to be a mixed bag
Belgian & Dutch Insurers’ Investments Should be Resilient to Credit Risks
Belgian and Dutch insurers’ conservative investment portfolios should be resilient to rising credit risks amid weakening economic conditions and tightening monetary policy
Most Insurance Companies are Sitting on Significant Investment Losses
The increase in interest rates over the last year has been positive for life insurers in Europe, improving both solvency and financial results
US Insurers’ Investments to the Failed Banks are Modest
Insurers’ investments to the failed banks (Silicon Valley Bank, Silvergate and Signature Bank) are modest. Fitch-rated insurance entities’ direct investment exposure
Life & Health Inclusive Insurance: Availability, Accessibility, Affordability
No Life & Health (L&H) insurance market is fully inclusive. This is supported by the findings of Swiss Re Institute L&H Insurance Inclusion Radar
Impact of Natural Catastrophic Risks for the US P&C Insurance Market
The US P&C insurance industry has experienced challenges in recent years due, in large part, to increases in the frequency and severity of natural catastrophes
UK Life Insurance Market Solvency at Record High
The UK life insurance market will continue to maintain strong capitalisation despite the government’s proposals to loosen Solvency II (S2) rules to release capital for insurers
Natural Catastrophe Losses Will Continue to Be the Largest Risk to Japanese Insurers
Natural catastrophe-related losses will continue to be the largest risk to Japanese nonlife insurers’ earnings in fiscal year 2023, though the effects of inflation are catching up
Largest Life Insurance Companies in United States. TOP 20 U.S. Life Insurers
U.S. life insurers’ commercial mortgage fundamentals have largely recovered since the pandemic. TOP 20 Largest Life Insurance Companies
Climate Risk & Weather-Related Re/Insurance Industry Losses Review
Climate risk has once again been the catalyst for insurance and reinsurance market change. Major losses caused by extreme weather events in recent years
Impact of Social Inflation for P&C Insurance & Commercial Auto Insurance Costs
The phenomenon of social inflation has garnered a great deal of attention in the property and casualty (P&C) insurance industry
D&O Insurance Insights: 5 Mega Trends to watch
Following are five D&O mega trends companies should watch for and guard against in 2022, according to AGCS financial lines and D&O experts
Losses of Earthquakes in Turkey: Residential vs Commercial Insurance Claims & Premiums
The estimated insurance claims bill from the sequence of earthquakes that hit Turkey and Syria earlier in February appears to be growing
Property & Motor Insurance Market in Asia-Pacific (APAC): $432bn by 2025
As per GlobalDatas’s Property Insurance Industry Outlook in Asia-Pacific in report, the global property insurance industry recorded a CAGR of 4.1%
Usage-Based Auto Insurance Programs Have a Dramatic Increase
Usage-based auto insurance programs have seen a dramatic increase, according to a new report, the consumer data
Global Commercial Property & Casualty Insurance Market Review
Global commercial property and casualty (P&C) insurance lines have delivered strong financial performance in recent years following the soft market of 2013 to 2018
Flood Risk is Insurable. How Does Insurance Industry Can Close the Protection Gap?
Floods affect more people across the globe than any other natural disaster. The deadly floods within year were a tragic reminder of the increasing threat
US P&C Insurance Outlook: Inflation, Catastrophes & Volatile Markets
2024 will be a difficult year for the US P&C industry: claims severities surged with inflation, natural catastrophe losses were elevated for a sixth straight year
Property Insurance Industry in Europe 2025 Forecasts
Property insurance growth in Europe recovered at 3.2% as compared to a flat growth due to premium price hardening owing to escalating natural catastrophe losses
Insurance M&A Deals Outlook: Value & Volume
M&A market activity continued to exceed historical norms while retreating from the new heights of the previous year
How Metaverse & Visual Intelligence Can Transform Insurance Industry?
The metaverse was already worth nearly $500 bn. That figure is expected to rise to a staggering $800 bn by 2026 as more platforms enter the market
Commercial Insurance and Reinsurance Market Outlook 2024
Pricing cycles in the commercial insurance and reinsurance sectors are now converging, marked by price increase moderation overall for the former
Life Insurance Digitalization and Core Modernization Survey
Mantissa Group initiated a survey, conducted across life Insurance technology and business leaders, and supplemented by a series of interviews
The Future of Digital Transformation in Insurance – Biggest Challenge
Legacy technology systems have long been a problem for insurance providers. The idea of moving customer data away from incumbent systems is a daunting prospect for most insurers
How Did Actress Amber Heard’s Insurance Cover Defamation Trial Against Johnny Depp?
The jury ruled in Depp’s favor, and Heard was ordered to pay $8.3 million. Heard then looked to her insurance company to pay the judgment
How High Reinsurance Costs Will Impact for European Insurers Operating Margins?
The “key focus” will be on how high reinsurance costs will impact their operating margins and how much risk exposure they keep on their own balance sheets
Capital & Investment Income Are Key Points for US Life Insurers
Worries about capital and adverse variable investment income are expected to be the focal points of discussion as life insurers report
Worst Natural Disasters. Global Natural Catastrophe Review
Climate change is taking an increasing toll. The natural disaster figures are dominated by events that are more intense or are occurring more frequently
How Earthquakes in Turkey & Syria Impacts for Re/Insurance Industry?
According to Global InsurTech Report, 2022 has been a year of macro-realism (for many InsurTechs, investors and risk partners), micro company hardship
Aviation, Marine & Cargo Global Insurance Market Forecasts & Dynamics
The aviation, marine and cargo transit (MAT) Global Insurance Industry is estimated to grow at a compound annual growth rate of 6.4% from 2023-2026
U.S. Property & Casualty Insurance Market Results & Performance
U.S. Property & Casualty (P&C) insurers should see stabilizing to modestly better industry operating performance
German Insurance Market Review: Motor, Health, Life & Non-Life
The impact of current high inflation on German insurance market profitability should be limited due to their ability to adjust prices
How Insurers Respond to Inflationary Shocks? Insurance Economics Perspective
Every insurer should closely monitor price developments, focusing on the drivers relevant to the respective insurance coverages, such as repair costs, construction prices or medical inflation
Impact of Inflation & Rising Interest Rates on Insurance Industry
The immediate impact of inflation on non-life (P&C and health) insurers’ earnings is negative, primarily through rising future claims costs on current insurance policies
Global research with insurance leaders examines why AI investment often remains tied to existing processes and how insurers are redesigning operating models
Financial pressure, AI, geopolitical tensions, natural catastrophes and infrastructure dependence are creating stronger links between global risks
JWC expanded its Black Sea Listed Area, increasing war risk exposure for ships and adding insurance costs across Ukrainian and regional routes
Cyber insurers are reviewing policy wording as autonomous AI agents create new questions over cyberattack definitions, liability and coverage triggers