Insurance in a Fragmenting World: Global Risks & Opportunities
Rising geopolitical tensions and economic nationalism are causing a slowdown in global integration, which presents significant challenges but also opportunities for insurers
Insurance Industry
The Role of Blockchain in the Future of Insurance
As insurers worldwide look for ways to modernize operations and enhance client experiences, blockchain offers a compelling solution to long-standing challenges
US Tariffs & Market Volatility Threaten EMEA Insurers’ Investment Returns and Earnings
EMEA insurers, while not directly impacted by US tariffs, face considerable exposure to secondary effects
2025 Natural Catastrophes Drive Record-High Economic and Insured Losses
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 D&O Insurance Risk: Lessons and Litigation Trends
Wildfire-related directors and officers (D&O) lawsuits represent a growing category of event-driven shareholder litigation. These insurance claims arise from major environmental
U.S. Insurers Remain Stable Amid Market Volatility, Wildfires and Tariff Risks
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
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
Global Insurance Survey: Tariffs & Trade Disputes Insurers’ Concerns
32% of surveyed insurance executives identified these issues as a significant macroeconomic risk, ranking 5th after inflation, recession, market volatility, and geopolitical tensions
Life Insurers’ Investment Risks and Offshore Reinsurance Threaten Stability
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
European Insurers Support Savings & Investments Union to Boost Innovation
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
D&O Insurance Market Sees Strong Results but Faces Uncertainty
The directors and officers (D&O) insurance market has experienced favorable results in recent years, but ongoing risks and market uncertainties could challenge sustainability
How Real-Time Data Analysis Helps Insurers Detect High-Risk Policies
Integrating real-time data analytics through big datasets, AI, and ML technologies empowers companies to detect high-risk policies before solidifying agreements
Mandatory Liability Insurance for Gun Owners in the United States
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?
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
P&I Clubs Reach Record Free Reserves on Strong Investment Returns
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
Key Economic Risks Outlook for 2025: Growth, Inflation & Interest Rates
US trade policy uncertainty affects regional growth forecasts, with the US economy expected to outpace the Euro area. China faces weaker growth
The 4 Best Mail Sorters for Insurance Professionals in 2026
In 2025, the best automated mail sorters will transform how insurance professionals sort and distribute communications, enhancing speed and reducing human error
Insurance Pricing Needs Greater Transparency. Policyholder Protections Must Be Stronger
Policyholder protections must be stronger, and insurance pricing needs to be more transparent, Washington Insurance Commissioner Patty Kuderer
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%
2026 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
2026 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
Lloyd’s Lab Drives Insurance Innovation with $1 bn in Capital for Startups
Lloyd’s Lab accelerator has become a major force in insurance innovation, securing over $1 bn to support startups transforming the industry, launching 6 years ago
WTW’s Natural Catastrophe Review: 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
How Does Commercial Umbrella Insurance Work? Definition, Benefits and Top Companies
Commercial umbrella insurance is a policy developed to provide a supplementary layer of liability protection by augmenting the limits of policies already in place
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
Insured Catastrophe Losses in Canada Surge to C$8.5 bn, Tripling in 2024
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
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
North American Life Insurer Credit Losses Will Remain Benign in 2025
North American life insurer credit losses will remain benign in 2025, despite modest increases due to ongoing pressure on commercial real estate (CRE) assets
New War Risk Reinsurance Facility for Ukraine’s Commercial Property Sector
McGill in partnership with FortuneGuard and ARX introduced a new war risk reinsurance facility to provide commercial property coverage in Ukraine
Hurricanes, Severe Thunderstorms and Floods Drive $100 bn Insured Losses
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
Global Economic and Insurance Market Outlook 2025-2026
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
London Re/Insurance Market Strengthens Digital & Enhanced Underwriting
The London re/insurance market sees a growing push toward digital approaches. Enhanced underwriting stands out as a new direction for companies
Comparing Europe’s Approaches to Natural Catastrophe Insurance & Gov-Backed Schemes
Government-backed catastrophe insurance schemes play a vital role in managing the financial impact of natural disasters across Europe
Russian Air Defense Shot Down Azerbaijan Airlines Passenger Plane Embraer E190
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
Lloyd’s Pandemic Model Projects $13.6 trln Global Economic Loss Over 5 Years
A potential future human pandemic could cause $13.6 tn in global economic losses over five years, according to a systemic risk scenario from Lloyd’s
Atlantic Hurricane Season Marked a Year of Substantial Insured Losses in the U.S.
Atlantic hurricane season ended on November 30, marking a year of above-average storm activity and substantial insured losses in the U.S.
Canadians’ Financial Confidence Stabilizes in 2024 Amid Concerns for 2025
The seventh annual IG Wealth Management Financial Confidence Index highlights stability in 2024 after years of economic volatility
Marine Insurers Face Rising Claims & Planning Rate Hikes for 2025
Marine mutual insurers and P&I Clubs are planning rate hikes for 2025, driven by rising claims and inflation pressures. Marine mutuals are under growing pressure
Flood Risk Creates Credit Challenges for Eastern & Southern US Insurers
Hurricane Helene’s recent destruction underscores the rising flood risk impacting local economies and tax bases in the Eastern and Southern United States
EIOPA’s Fossil Fuel Proposals Pose Minimal Impact on European Insurers’ Ratings
European insurers’ ratings will remain unaffected by the proposed capital surcharges on fossil fuel-related assets, according to EIOPA
IAIS Approved a New Global Insurance Capital Standard
The International Association of Insurance Supervisors executive committee has approved a approved the final version of the global Insurance Capital Standard
Top Risk in Insurance: Cyber, Climate Change & Business Interruptions Dominate
Cyber incidents, changes in climate, and business interruption are the chief risk concerns among key marketplace segments in the insurance industry
Increasing Consumer Awareness Will Drive Private Flood Insurance Growth
Inland areas are increasingly vulnerable to flooding from both tropical storms and severe convective storms, yet the number of homeowners who purchase flood insurance
Captive Insurance Framework: UK’s Strategy to Enhance Market Attractiveness
The UK government is exploring the establishment of a captive insurance framework to enhance the UK`s appeal as a hub for efficient risk management solutions
AI Liability Directive. 8 Key Highlights and Impact on the European Insurance Market
Insurance Europe has urged the European Commission (EC) to withdraw its proposed Artificial Intelligence Liability Directive (AILD), arguing that it could lead to legal innovation
Insurance Risk Dashboard. 10 Key Risks of the European Insurance Sector
EIOPA’s Insurance Risk Dashboard: European insurance sector’s risks remain stable at medium levels, with some vulnerabilities linked to market volatility and fluctuating real estate prices
CEE Insurance Market: Strong Premium Growth and Rising Claims
Gross written premiums in the Central and Eastern Europe region totaled €26.35 bn, marking a 7.6% year-on-year increase. Insurance claims paid stayed €11.9 bn
German Life Insurer Ratings Unaffected by Solvency II Reductions
German life insurer ratings remain unaffected by reductions in Solvency II (S2) transitional measures, despite higher bond yields, focuses on fundamental S2
U.S. D&O Insurance Market Underwriting Results 2024
Underwriters in the Directors & Officers (D&O) insurance sector in 2024 continue to benefit from significant price hikes and refined market practices adopted between 2019 and 2021
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
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.
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%
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
Global reinsurance under pricing pressure in 2026, while U.S. P&C insurance stays stable despite slower growth, softer underwriting profits and earnings
US home claim severity rose 25.9% in 2025 as wildfire losses, repair inflation and peril shifts reshaped insurer loss trends
Global insurance pricing fell 6% in Q2, led by a 12% property drop, as capital, lower reinsurance costs and competition favored buyers
Florida’s property insurance market showed its clearest improvement in a decade, with the state’s share of US homeowners claims falling to 4.9% and lawsuits dropping to 41.3%