US auto insurance rate increases The countrywide average will have increased by double digits in back-to-back years if this trend continues for the remainder of 2025. For several years prior to the ...

Global reinsurers delivered strong results in the 2024 with further improvement in underwriting profitability, exceptional ROEs. The underlying underwriting margin increased from 2.7% a year ago to 4% ...

Beryl experienced an eyewall replacement cycle, weakening slightly, but regained strength and made landfall in Carriacou, Grenada as a strong Category 4 hurricane with winds of 150 mph (see how U.S. P ...

The Los Angeles wildfires are expected to be a major catastrophic event for the insurance industry. However, analysts indicate that the insurance and reinsurance sector remains well-capitalized to ...

Economic losses from natural catastrophes in the EU are rising due to increased economic exposure and the growing severity of climate-related disasters. Between 1981 and 2023, NatCat events caused ...

The Bloomberg Billionaires Index ranks the world’s richest people globally, updating their net worth daily based on stock market performance, economic conditions. Beinsure Media analyzed Bloomberg’s ...

U.S. life insurers have used reinsurance to reduce exposure to long-term care (LTC) insurance, which Fitch Ratings sees as credit-positive. These transactions strengthen balance sheets, improve ...

The insurance-linked securities (ILS) market reached a record $107bn in capacity by the end of 2024. AM Best Director of ILS Matt Tuite attributes this expansion to strong investor returns, rising ...

Hyperexponential, intelligence platform for insurers, and AI insurtech Akur8 announce a new partnership that will integrate their complementary pricing decision intelligence (PDI) capabilities to ...

Tariffs imposed by the Trump administration could increase claims costs for property and casualty insurance by $10 bn to $36 bn, according to the American Property Casualty Insurance Association ...

Insurers in Central and Eastern Europe and Italy are facing estimated losses of €1.886 bn from Storm Boris, which brought devastating floods to the regions, according to Perils. Storm Boris swept ...

Source: Beazley The resilience statistics are based on the percentage of global executives who feel ‘unprepared’ (‘not very well’ and ‘not at all’ prepared answers combined) for these environmental & ...