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
Insurance Industry
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
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
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
How to Choose the Best Travel Insurance for Your Dubai Vacation?
Are you ready to travel to Dubai? Even though it’s typically safe to go to the United Arab Emirates, unanticipated events might occasionally occur and ruin your holiday
Top 10 Risks for the Global Insurance Industry in 2024
The top risks for the insurance industry reflect the sector’s rapidly changing nature while at the same time reinforcing its critical role in protecting global businesses
2024’s Top-Performing Insurance and InsurTech Stocks
InsurTech companies rank among the top-performing US insurance stocks in early 2024. The US insurance technology space has grounds for optimism
NatCat Insured & Economic Losses Increases Due to Climate Change
Climate change will have a larger impact on economic losses in the future, according to Swiss Re Institute. A new analysis of 36 countries ranks
Solvency II Directive & IRRD: New Rules for EU Insurance Sector
Council and the Parliament have reached a provisional agreement on amendments to the Solvency II directive, the EU’s main piece of legislation in the insurance area
Why Insurers Go to Online Insurance, Telematics & Artificial Intelligence?
Though the stock market is still driven by enthusiasm for artificial intelligence, businesses devoted to insurtech, or the revolution of insurance through technology
What is Uninsured Motorist Coverage? How Does it Work?
Uninsured motorist coverage is a type of automobile insurance designed to protect drivers and passengers financially in the event of an accident
Global Landscape of Insurance Digital Transformation
Insurance Digital Transformation refers to the comprehensive integration of digital technologies into all areas
Digitalization in Insurance: New Risks & Solutions in 2024
In the era of digital transformation, the insurance sector has observed a paradigm shift in the creation of value. Digital data, now form a significant part of the economic value
New Opportunities for Transport & Logistics Supply Chains Insurance
The Lloyd’s report examined the semiconductor sector’s risk challenges and aimed to spark product innovation through outlining the opportunities to develop new supply chain
U.S. Commercial Insurers Demonstrated Underwriting Profitability. 2024 Trends
Insurers specializing in commercial and personal lines experienced an enhancement in their underwriting outcomes compared to the previous year
Insured Losses from Noto Peninsula Earthquake in Japan Forcasts
Insured losses from the 7.6 magnitude earthquake that struck the Ishikawa prefecture on the Noto Peninsula, Japan, on 1 January 2024 are likely to be small
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
Monitoring of Systemic Risks of Insurance Companies in 2025
The IAIS performed trend analysis on insurance data and used the outcomes for the overall assessment of evolution of systemic risk
Global Insurance Market: Premiums, Profitability, Risk Assessment
IAIS published its Global Insurance Market Report (GIMAR), sharing the outcomes of this year’s Global Monitoring Exercise
Cyclone Jasper Triggers Record Floods in Queensland: Insurance & Climate Challenges
Cyclone Jasper highlights the increasing challenges posed by extreme weather conditions and their impacts on communities, infrastructure, and the insurance industry
U.S. P&C Insurance: Weak Performance and Neutral Outlook
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
UK Insurance Market: Life & Non-Life Sector Outlook for 2024
UK Insurance Market are expected to close this year reporting strong overall premium income growth driven by sizeable rises
Unity Facility: Risk Mitigation for Ukrainian Grain Exports in Global Insurance
Marsh McLennan’s new Unity facility to cover Ukrainian grain exports could pave the way for more insurance solutions to support the country amid the ongoing war
Global Insurance Market Dynamics, Products & Trends for 2024
Global Insurance market continued to moderate in 2024 as insurers sought to balance growth with profitability, divergent conditions
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
Japanese Life & Non-Life Insurance Sector Outlook for 2024
Japanese life and non-life insurers’ underwriting fundamentals are likely to remain healthy overall in 2024, mainly because of waning effects from claims
Total Assets and Investment of Euro Area Insurance Corporations
Total assets of euro area insurance corporations decreased to €8,163 billion in the third quarter of 2023, from €8,270 billion in the second quarter of 2023
Insurance Can Minimize the Renewable Energy Transition Risks
The insurance sector should engage with the developers of a fast-developing new technology that may be crucial to the renewable energy transition
Global Marine Insurance Market Review
Global marine insurance premiums totalled $35.8 bn an 8.3% uplift. European markets continued to enjoy growth whilst some Asian markets had slowed
Insurance Industry Transition to a Net-Zero Emissions Economy
The transition to a net-zero emissions economy is the economic revolution of our times and insurance must once again rise to the challenge
Insured Losses from Winter Storm Ciarán Forecast
The extreme event solutions business unit of Verisk estimates industry insured losses due to wind from Winter Storm Ciarán will range between EUR 800 mn and EUR 1.3 bn
How Can AI Technology Change Insurance Claims Management?
Insurers must embrace Artificial Intelligence technology to successfully navigate emerging transformative trends that are shaping the insurance landscape
UK Pension, Investment and Insurance Benefit Schemes
About 60% of defined benefit schemes in the UK use an LDI strategy. The strategy involves making allocation decisions and investments
How Can Insurers Adapt New Directions to Achieve Net Zero?
Insurers are under pressure to adapt to new frameworks for reaching net zero — but regulators are pushing at an open door
Global Natural Catastrophes: Fatality, Economic & Insured Loss
2023-2024 saw multiple significant disaster events, which drove total economic losses above $295 bn, approaching the 21st-century average of $310 bn
Why Do Insurers & Financial Institutions Need Tokenization?
Tokenization is the process by which real-world assets are converted into blockchain-based tokens. Why do insurers need tokenization?
Insured Losses from Convective Storms in the U.S. exceedes $50 bn
The U.S. is experiencing its costliest year ever in 2023 for severe convective storms, with insured losses from these events exceeding $50 bn
Why Greater War Risk Insurance is so Important for Ukraine?
Ukraine must encourage domestic and international investment. This is why greater war risk insurance coverage is so important for Ukraine
Lloyd’s Systemic Cyber Risk Scenario: Potential Global Economic Losses of $3.5trn
Lloyd’s published a systemic risk scenario that models the global economic impact of a hypothetical but plausible cyber attack on a major financial services payments system
General Insurance OmbudService. How Does Dispute Resolution Work?
General Insurance OmbudService is an independent dispute resolution service that provides free help for consumers of home, auto, business insurance
European Insurance Corporations’ Investment, Assets & Liabilities in 2023
Turning to European insurance corporations’ holdings of investment fund shares, these increased to €2,526 bn in 2023
Ratings of U.S. Life Insurers Are Not at Risk from CRE Exposure
Ratings of U.S. life insurers are not currently at risk from commercial real estate (CRE) exposure, given stable investment portfolios comprised of high-quality
Impact of Economic Inflation for US Liability Insurance Claims
US liability claims costs have risen by an annual average of 16% over the last five years, well above average rates of economic inflation at around 4%
Personal & Commercial Auto Liability Insurance in the US. Impact of Inflation
Inflationary trends in auto liability insurance, personal and commercial combined, drove loss and defense containment costs between $96 bn and $105 bn higher
Prediction for Energy Infrastructure & Insurance Development
IMCA predict over $800bn will be allocated to new developments and re/insurance cover by 2030, but major challenges must be tackled if this expenditure is to succeed
Solvency II for EU & UK Insurers: Review Are Approaching Completion
The multi-year reviews of Solvency II in the EU and the UK are approaching completion, despite the very different macroeconomic environment
Underwriting Results for Life & Personal Line U.S. Insurance Companies
Underwriting results for personal lines-focused US insurers worsened during the second quarter of 2024 as natural catastrophes and inflationary pressures
Chinese Insurance Sector: Capital, Investment & Solvency Stability
China’s reduced capital charges for specific investments and amended solvency calculation will relieve insurers’ capital burden and enhance stability
Global Non-Life Insurance Industry Adjustes Rapidly to Higher Interest Rate
The global non-life insurance industry is adjusting rapidly to the new higher interest rate era ushered in by the most intense monetary policy tightening since the 1980s
Global Re/Insurance Industry Faces in Catastrophe Losses
Verisk report: Global Modeled Catastrophe Losses. The current challenges the global reinsurance industry faces in addressing recent catastrophe losses
Australian Insurance Market Statistics for 2024
The Australian Prudential Regulation Authority (APRA) has released its quarterly general and life insurance performance statistics
US Life & Non-Life Insurance Market: Asset & Investment Portfolio
The US non-life insurance market’s holdings of commercial real estate (CRE) and other real estate should withstand the challenging economic environment
How the New Solvency II Reforms Boost the UK Insurance Market?
The Bank of England proposed further reforms to capital rules for UK insurers in a step it said would cut red tape without lowering solvency standards
U.S. Insurance Industry Forcast for 2027: Premiums Will Grow to $3 trln
The U.S. general insurance industry is set to grow at a compound annual growth rate (CAGR) of 8.5% from $2.18 trln in 2023 to $3.03 trln in 2027
Mergers & Acquisitions in the Global Insurance
Mergers and acquisitions (M&A) in the global insurance industry dropped sharply in the first half of 2023 with 171 completed deals worldwide
Taiwan Insurance Market: Forecasts, Regulation & Investments
Taiwan Insurance Market still face high pressure to build capital in the near to medium term to meet the more stringent interest rate charges
U.S. cyber insurance premiums rose nearly 11% in 2025 as policy volume jumped, but weaker pricing, higher losses, and AI-driven threats added fresh pressure
Finding affordable health insurance in California can be overwhelming. You’re faced with dozens of plan options, unfamiliar terms and questions about whether you qualify for subsidies through Covered California
Insurers enter 2026 with longer settlement cycles, rising volumes, and slow AI adoption, increasing costs and operational risk, AutoRek finds
Global insurance M&A stabilised, as insurers and brokers took a more strategic approach to acquisitions amid falling interest rates and a realignment of strategic priorities