Market News
Gallagher Re: AI Risks Expose Gaps in Insurance Coverage
A Gallagher Re report finds that artificial intelligence (AI) adoption is creating new liability risks not fully addressed by traditional insurance. Coverage gaps exist across cyber, errors and omissions, and liability policies, particularly for AI-driven outputs and decision failures. The report highlights growing litigation and emphasizes the need for dedicated AI insurance solutions. Learn More
Effective Risk Management Demands a Comprehensive, Holistic Approach
The article outlines a shift toward holistic risk management, emphasizing data-driven decision-making through metrics like insurance return on investment, financial risk-bearing capacity, and economic cost of risk. It positions insurance as a strategic asset, helping organizations optimize capital, reduce volatility, and align risk strategies with long-term business objectives. Learn More
Insurers See Gains from Advanced Analytics and AI Use
North American property and casualty insurers are seeing improved profitability and premium growth from advanced analytics and artificial intelligence (AI) adoption, according to WTW. While underwriting use is widespread, claims adoption is accelerating. Data quality and information technology challenges remain barriers as insurers expand investments and integrate AI, including generative tools, across operations. Read More
US P&C Underwriting Income Surges to $60.9 Billion in 2025
US property-casualty (P&C) insurers reported a $60.9 billion underwriting gain in 2025, nearly triple 2024 results, driven by premium growth, improved combined ratios, and lower catastrophe losses. Higher investment income boosted operating results, though net income declined due to reduced capital gains. Policyholder surplus rose 11.4 percent to $1.19 trillion. Read More
Report Highlights Talent Shifts Reshaping Insurance Workforce
Aon's report examines how automation, climate risk, and competition for specialized skills are transforming insurance workforce strategies. It highlights the need for digital fluency, hybrid roles, and stronger alignment between talent and business goals. Insurers must invest in reskilling and modernize employee value propositions to remain competitive. Read More
Cat Bond Market Expands as Growth Moderates in 2026
The insurance-linked securities market is projected to grow in 2026, though at a slower pace as investors adjust to softer conditions. Record capacity, rising catastrophe (cat) risks, and increased reinsurance demand are driving activity, while diversification across perils and regions and evolving investment strategies continue to shape market expansion and resilience. Read More
AM Best: US P&C Upgrades Outpace Downgrades in 2025
AM Best reported that US property and casualty (P&C) insurers saw rating upgrades exceed downgrades in 2025, driven by strong commercial lines performance. Despite ongoing pressures from inflation, catastrophe losses, and rising reinsurance costs, most rating actions were affirmations, reflecting overall industry stability and improved operating results. Read More