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
Insurance Market
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
2024 Atlantic Hurricane Season Marked a Year of Substantial Insured Losses in the U.S.
The 2024 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 2024
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
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
Impact of Concert Cancellations on Insurers & Music Industry. Taylor Swift’s Insurance Case
The cancellation of major tour events, like concerts, poses significant financial risks for insurance industry. This impact is especially evident with high-profile artists
Global Emerging Risks, Insurance & Macro Trends Outlook
The world undergoes constant change and this gives rise to “emerging risks”. Thechanging risks are difficult to quantify, yet can have significant impact on the insurance industry
Western Insurers Provides Cover for Tankers with Russian Oil Despite Sanctions
Western insurers have provided coverage for Rosneft tankers transporting sub-sanctioned Russian crude… despite the risks linked to the G7 price cap
US Life Insurers Report Strong 2024 Earnings and Outline Strategic Growth
US life insurers experienced a relatively stable second quarter, showing higher year-over-year earnings and unveiling strategic updates for select companies
European life insurers replace static SAA spreadsheets with advanced ALM tech to manage risk, capital, and yield under Solvency II and Solvency UK
Canadian individual life insurance new annualized premium grew 5% year-over-year to C$532 mn in the second quarter 2025
Total U.S. annuity sales were $223 bn in H1 2025, 3% above prior year results, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey
In 2025, U.S. individual life insurance new annualized premium reached $3.94 bn. Total U.S. pension risk transfer new premium reached $7.1 bn