Market News
CrowdStrike Outage Highlights Cyber Risk Aggregation Concerns for Insurers
The recent CrowdStrike outage has spotlighted the aggregation risks that worry the insurance industry, according to AM Best. Read More
Key Considerations for Effective Claims Management in Captive Insurance
Learn key considerations for effective claims management in captive insurance, from appointing a claims manager to balancing speed and accuracy in handling claims. Read More
US Crop Insurance Faces Pressure from Drought and Price Volatility
US crop insurance struggles due to drought and commodity price volatility, leading to anticipated declines in premium levels for 2024, according to A.M. Best. Read More
Q2 2024 Sees Mixed Premium Renewal Rate Changes for Commercial Insurance
"Ivans Index" reveals most commercial insurance lines saw year-over-year premium renewal rate increases in Q2 2024, except for workers compensation and general liability, which experienced decreases compared to Q1. Read More
Reinsurers Can Withstand Preliminary Loss Estimates from CrowdStrike Incident
Fitch Ratings finds that the CrowdStrike incident will have limited financial impact on global reinsurers despite preliminary loss estimates. Read More