Market News

In a recent IRMI webinar, experts discussed how cyber insurance is evolving in 2025. Topics included artificial intelligence (AI)-driven attacks, war exclusions, physical damage risks, and the rise of tech-forward products. Attendees also heard insights on policy clarity, coverage gaps, and recovery strategies for increasingly complex cyber events and exposures. Read More

US managing general agent (MGA) premiums rose 16 percent to $114.1 billion in 2024, driven by artificial intelligence adoption, talent migration from traditional insurers, and strong excess and surplus market activity. Conning's latest study highlights expanding fronting insurer roles and rising tech confidence, with 20 percent of MGA premium now backed by fronting companies. Read More

Munich Re's Tech Trend Radar 2025 identifies 36 technology trends impacting the insurance industry. Key areas include artificial intelligence development, spatial intelligence, synthetic data, quantum computing, and application programming interface standardization. The report provides maturity assessments and practical insights to help insurers navigate innovation, manage risks, and improve operational efficiency. Read More

Guy Carpenter reports strong reinsurer performance and record capital in 2025, supporting lower property catastrophe (cat) rates and steady casualty terms. The sector absorbed elevated losses and saw a surge in cat bond activity. Artificial intelligence tools and diversified capacity are helping clients secure better reinsurance solutions in a favorable trading environment. Read More

Selecting a third-party administrator (TPA) is critical to a captive insurance program's success. The right TPA ensures effective claims management, regulatory compliance, and financial protection. Organizations should evaluate expertise, cost efficiency, data capabilities, and staff quality to align with their captive's needs and support long-term operational success. Read More