Market News

US Tariffs to Slow Global Economy and Insurance Premium Growth

July 10, 2025

Swiss Re projects US tariffs will slow global gross domestic product and insurance premium growth in 2025. Motor insurance faces rising claims from higher import costs. While insurer profitability remains supported by investment income, long-term trade fragmentation may raise costs and reduce insurability. Pockets of opportunity could emerge in credit and marine lines. Read More


Cyber-Insurance Market Outlook Remains Stable Despite Softer Conditions

July 9, 2025

AM Best has upheld its stable outlook on the global cyber-insurance market. Rising demand, increased cyber-risk awareness, artificial intelligence-enabled underwriting, and regulatory pressures support growth, even as systemic risks and ransomware threats persist. Small and midsize enterprises continue driving adoption amid evolving threat and compliance landscapes. Read More


What Directors and Officers Are Prioritizing in Cyber Risk for 2025

July 8, 2025

Willis' 2025 Global Cyber, Directors and Officers Survey highlights key cyber risks, insurance practices, and oversight trends. Boards and CEOs remain central to strategy, while preparedness and standalone cyber coverage are on the rise. The report underscores the evolving role of leadership in managing cyber threats and insurance decisions. Read More


Connecticut's Crumbling Foundations Captive Enters Final Phase

July 8, 2025

The Connecticut Foundation Solutions Indemnity Company, Connecticut's captive insurer for crumbling foundations, has replaced over 1,100 foundations and plans to conclude operations by 2031. With more than $172 million paid in claims, it seeks a final $100 million in funding to address remaining homeowners affected by pyrrhotite-related foundation failures. Read More


Verisk's Q1 2025 Property Report Highlights Declining Claims Volume and Rising Costs

July 7, 2025

Verisk's first-quarter 2025 Property Report highlights a decline in claims volume alongside a sharp rise in replacement costs, primarily from California wildfires. Reconstruction, labor, and material costs increased across North America. The report also notes impacts from tariffs, immigration policies, and weakening builder confidence heading into the remainder of 2025. Read More