Market News

The Doctors Company announced it will acquire ProAssurance Corporation for $1.3 billion in cash. The combined insurer will have assets of $12 billion, enhancing service to healthcare providers. ProAssurance shareholders will receive $25 per share. The deal is expected to close in the first half of 2026, pending approvals. Read More

Captive insurance can offer private equity firms strategic risk management solutions, particularly when acquisition timelines span 8–10 years. By leveraging captives, private equity firms may reduce costs, improve loss prevention, and maximize portfolio value, provided they align captive operations with investment goals and seek expert guidance on implementation. Read More

The February 2025 IVANS Index reports year-over-year premium renewal rate increases across most major commercial insurance lines, excluding workers compensation. Month over month, most lines saw rate decreases, except commercial auto. Data reflects trends across over 120 million transactions, involving 38,000 agencies and 700 insurers nationwide. Read More

The insurance-linked-securities (ILS) market reached a record $107 billion in 2024, fueled by strong catastrophe (cat) bond performance, retained earnings, and new capital. AM Best and Guy Carpenter reported increased capacity across cat bonds, sidecars, and collateralized reinsurance, with risk-adjusted rates declining due to surplus capacity and 2 consecutive loss-free years. Read More

The US property-casualty insurance industry achieved a $22.9 billion underwriting profit in 2024, its first in 4 years. Improved combined ratios, strong personal lines performance, and rising investment income fueled the gain. Industry surplus grew to $1.1 trillion, with notable capital gains from Berkshire Hathaway contributing to record net income. Read More