US property and casualty insurers posted stronger profitability in the first half of 2025, according to Moody’s Ratings, despite a heavy burden of wildfire-related catastrophe claims in California. A ...
TD Cowen’s latest field trip to London, held with senior executives from Arch Capital, Ascot, Canopius, Everest Group, Hiscox, Howden Re, Inigo, Intact, Lancashire, and Sirius Point, delivered a ...
Global marine insurance premiums totalled $35.8 bn an 8.3%. The post-pandemic rebound in trade, increased asset values, reduced market capacity and an adjustment in premiums were all likely to have ...
The London reinsurance industry sees a growing push toward digital approaches. Enhanced underwriting stands out as a new direction for companies seeking better underwriting decisions and portfolio ...
The value of revenues earned worldwide by MGA, MGU and cover-holder groups (a.k.a. delegated underwriting authority / underwriting agency groups) was around $17.3 bn, signifying annual growth in this ...
Global Reinsurance market conditions since 1/1 have continued to move in favor of reinsurance buyers. At the start of last year, property catastrophe capacity was constrained. According to Aon’s ...
U.S. automobile liability direct premiums written (DPW) increased 12% to $256.6 bn in 2024, with top-ranked Progressive Insurance Group posting a 21% rise to $44.1 bn. Progressive’s market share grew ...
Insurance Australia Group (IAG) reached an agreement with the Royal Automobile Club of Western Australia (RAC) to acquire RAC’s insurance business in a deal valued at A$1.35 bn ($870 mn). The ...
Swiss Re’s annual SONAR report identifies new or changed risks that are difficult to quantify and could have a major impact on society and industry. By providing early insights into evolving risks, ...
A consortium led by Allianz SE, BlackRock, and Japan’s T&D Holdings will acquire Viridium Group, a German life insurance consolidator, for €3.5bn from private equity firm Cinven. Generali Financial ...
Lemonade has launched a standalone buildings insurance product in the UK, completing its Homeowners offering and signaling further investment in the region. This new policy is tailored to UK ...
Zurich Insurance Group announced its acquisition of BOXX Insurance Inc., a Toronto-based cyber insurance and risk management insurtech, to strengthen its global cyber protection offering for retail ...