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
Insurance Industry
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
Global Private Equity Investments in Insurance Underwriters Review
Global private equity deal values in insurance underwriter companies rose sequentially in the second quarter, but the industry total for H1 2023 remained shy of the $1 bn
Shipping Safety & Key Risks for Marine & Cargo Insurance
Shipping losses hit a record low in 2022-2023, but jump in fires, shadow tanker fleet and economic uncertainty pose new safety challenges
U.S. Workers Compensation Insurers Were Able to Underwrite Profitably
U.S. workers compensation insurers were able to underwrite profitably between 2019 and 2024 even as significant changes occurred in the nation’s workforce
TOP 10 Opportunities & Megatrends for Insurance Industry by 2030
Transformative trends are shaping the future risk landscape, creating $200+ bn of market potential for insurers by 2030. Top 10 opportunities
Global Pension Fund Investment Slumps in Q2 2023
Global pension fund involvement in M&A plummeted in the second quarter to the lowest quarterly level since 2019, according to S&P
Insurance Resilience Index & Global Protection Gap
Insurance resilience indices measure how insurance contributes to maintaining financial stability. Global protection gap measured at $1.8 trln
U.S. Workers’ Compensation Insurance Premiums Increase in 2024
US workers’ compensation direct premiums earned rose 4.3% year over year in the first quarter, and the industry’s overall direct loss ratio deteriorated by 2.3 pp
Asian Emerging Insurance Market in 2024 Drives to Growth
Emerging Asia is expected to be the main contributor to global economic growth in the coming years, according to Swiss Re Institute’s latest sigma
Major Natural Disaster Eventsand Insurance Loss Insights in APAC Regions
Catastrophes and natural disasters in the Asia Pacific (APAC) region amounted to a total economic loss of $80 bn. A substantial protection gap of 86%
What Insurance Producers Want from Insurers? Agents & Brokers Survey
Technology has brought sweeping change to the insurance industry, forcing providers to consider how they can more quickly and effectively deliver services
How Does a Mystery Shopping Work in Insurance Sales?
Mystery Shopping can be a powerful tool to help insurance providers and brokers to maximise conversions, so they can get ahead of competition
Innovative Insurance Solutions for Blue Economy & Sustainability
Insurance aims to protect against insurable perils. The blue economy globally is worth an estimated USD 2.5 trillion annually
Main Factors of the Increase in Insurance Losses from Natural Disasters
When considering weather-related catastrophes, few perils have generated as many column inches in recent months as severe convective storms (SCS)
U.S. Life Insurance Sector Outlook Remains Neutral
The U.S. life insurance sector outlook remains neutral, and issuers are well positioned to withstand commercial real estate challenges and expected asset deterioration
TOP 20 Costliest U.S. Hurricanes. Losses Will Increase by 10% over 20 Years
Aon’s work with Columbia University has revealed that under selected scenarios, U.S. hurricane losses would increase by at least 10% over 20 years
Data Allows Insurers to Manage Risk & Improve Insurance Underwriting
Data brings a great opportunity in the quest to manage unpredictability; it allows insurers to better manage risk and improve insurance underwriting
Inflation, Insurance Losses from Natural Catastrophes & Longevity Dains
The current environment is complex: inflation has stayed higher for longer than expected, natural catastrophes cause increased losses
Wealthy clients think about market swings, insurance gap, global instability, cyber intrusions, extreme weather, and the financial fallout of lawsuits, often all at once
European life insurers replace static SAA spreadsheets with advanced ALM tech to manage risk, capital, and yield under Solvency II and Solvency UK
Japan’s non-life insurance market — a global top-10 player and one of the largest in the region — as it continues to evolve through disciplined underwriting
AM Best shifts U.S. health insurance outlook to Negative, citing higher utilization, medical inflation, GLP-1 drug costs, and shifting Medicaid risk pools