Market News
Lloyd's Report Highlights Insurance Industry's Role in the Net-Zero Transition
Lloyd's, in partnership with Marsh McLennan and the SMI Insurance Task Force, released a report detailing how insurers can accelerate the net-zero transition. The report highlights strategic opportunities for risk transfer innovation across sectors such as energy, mining, and aviation to support climate resilience and investment in emerging technologies. Learn More
S&P: US P&C Insurers Achieve Strongest Underwriting Results Since 2013
According to S&P Global, US property and casualty insurers posted a 96.5 percent combined ratio in 2024—their best in over a decade. Personal lines, especially auto and homeowners, drove gains, while commercial lines showed mixed results. Liability lines deteriorated, but property, auto physical damage, and workers compensation improved year over year. Learn More
Lloyd's Restructures Executive Team to Sharpen Oversight and Strategy
Lloyd’s of London has restructured its executive team to enhance governance, clarify oversight responsibilities, and support global growth. The changes include new leadership roles, streamlined reporting, and a sharper focus on underwriting performance and regulatory compliance, reflecting the organization's evolving strategy in Europe and the Americas under CEO Patrick Tiernan. Read More
Lloyd's Syndicate Market Shifts as Smaller Players Expand, According to Howden Re
Howden Re's June 2025 report analyzes Lloyd's of London's syndicate performance, showing strong profitability and growth in property and reinsurance lines. The market is shifting toward smaller, more agile syndicates, with underwriting discipline replacing rate increases as the key driver of future growth amid a changing global risk environment. Read More
Property-Catastrophe Rates Ease at June 1 Renewals Amid Capacity Shift
At the June 1, 2025, renewals, property-catastrophe reinsurance rates declined by up to 20 percent as capital returned and competition increased. Strong insurance-linked securities participation and Florida legal reforms contributed to a more stable market. Reinsurers supported full program structures while remaining selective and disciplined in underwriting. Read More
How Alaska Airlines Uses Its Captive Insurer to Manage Aviation and Emerging Risks
A leading airline shares how its Hawaii-based captive insurer supports risk management for aviation, cyber, and property exposures. Learn how strategic governance, layered coverages, and emerging technologies like artificial intelligence are shaping its approach. Insightful for companies considering captives in complex operational environments. Read More
Florida Property Insurance Market Turns Profitable After 8 Years
Florida's property insurance market reported its first underwriting profit in 8 years, supported by legislative reforms, stabilizing premiums, and rising competition. AM Best's report highlights financial improvements among active insurers, while noting continued high reinsurance dependence and elevated risk exposure due to the state's vulnerability to catastrophic weather events. Read More