How to Reduce Lightning-Related Business Risks
Lightning causes significant fire risk to small and medium-sized enterprises (SMEs), resulting in annual damages of several billion dollars
P&C Insurance
Property and casualty insurance (P&C insurance) are types of coverage that help protect you and the property you own. Property insurance helps cover stuff you own like your home or your car.
P&C insurance is focused on risks that result in loss to property and possessions. Some examples of this include: Auto insurance, which covers losses to individuals and property due to accidents and other unforeseen events.
Property and casualty insurance is a term describing the two forms of broad coverage that financially protect you if the property you own is damaged, lost, or stolen (“Property”) or if you are responsible for causing injury to another person or damage to his or her property (“Casualty”).
Natural Catastrophe Exposure Continues to Pressure P&C Insurance Results
Wider natural catastrophe exposure continues to pressure financial results across the property and casualty (P&C) insurance industry
P&C Insurance Faces Rising Catastrophe & Legal Risks in 2025
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
Canada Insurance Market Rates Declines Across Property, Casualty, Cyber Lines
Canada insurance market saw further rate declines in 2024, with property, casualty, financial, and cyber lines experiencing reductions. Property insurance rates fell 3%
2025 Europe Insurance Market Rates: Property & Casualty, Financial, Cyber
Insurance rates in Europe declined 2% in the fourth quarter of 2024. The European insurance industry faced a year of changes and challenges
2025 UK Insurance Market Rates Decline for All Major Lines
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
2025 US Insurance Rates Trends: Property & Casualty, D&O, Cyber Insurance
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 Insurance Market: Continued Growth and Improved Underwriting Through 2026
U.S. P&C market in 2024 is expected to show improved underwriting results, according to the Insurance Economics and Underwriting
WTW’s Natural Catastrophe Review: 2024 Key Data Insights and Trends
WTW has analyzed natural disasters, key lessons, and emerging trends. The assessment will focus on physical and vulnerability NatCat factors
U.S. Property & Casualty Insurance Market at a Glance. Best P&C Insurers in 2025
The U.S. Property & casualty insurance market faces rising loss costs, driven by inflation, severe weather events, and litigation trends
California LA Wildfires: Impact on Insurance Industry and Rising Premiums
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
Top Risk in Insurance: Cyber, Climate Change & Business Interruptions Dominate 2024
Cyber incidents, changes in climate, and business interruption are the chief risk concerns among key marketplace segments in the insurance industry
U.S. P&C Insurance Industry Saw Strong Revenue Growth in 2024
Statutory underwriting performance in the U.S. property and casualty insurance industry saw strong revenue growth, a return to underwriting profits in 2024
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
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
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
2024-2025 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 2024. The industry has turned a corner
2024 Mid-Year Results: North American P&C Insurer Underwriting Performance
The mid-year 2024 results for North American property and casualty insurers indicate strong operating returns across sectors. Improved underwriting results and higher investment income
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
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 in 2024
Home insurance premiums in Florida rose at a much lower rate than originally projected in 2023 (80% less) and 2024 (60% less)
U.S. Property & Casualty Insurers Will See Some Relief in 2024
U.S. property and casualty insurers will see some relief in 2024 year following a rough 2023 as a personal auto line recovery contributes to statutory profit improvement
U.S. P&C Insurance: Weak Performance and Neutral Outlook for 2024
The U.S. property and casualty (P&C) insurance sector experienced subdued statutory financial performance, primarily due to a decline in personal lines
Layoffs in the US Insurance Industry Were in P&C Insurers
The U.S. insurance industry experienced a notable number of layoffs, particularly within the property and casualty, P&C insurance sector
Navigating the Challenges of Property Insurance Market
Q4 has historically been an important time for the Property insurance market, as the peak reinsurance renewal season approaches, and the Atlantic hurricane season runs
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