Market News
June "CICR" Explores Captive Use in Carbon Liability
Don't miss the June issue of "Captive Insurance Company Reports" ("CICR"), which explores the trending issue of carbon sequestration. Read More
Premium Renewal Rates Mixed in May; Workers Comp Still Declines
May 2025 premium renewal rates rose year over year across most commercial insurance lines, according to the IVANS Index. Workers compensation was the only exception, continuing to decline. Month-over-month results were mixed, with modest rate shifts across major lines including commercial auto, businessowners policy, general liability, and commercial property. Read More
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. Read 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. Read 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