Market News

Q2 2024 Sees Mixed Premium Renewal Rate Changes for Commercial Insurance

July 26, 2024

"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

July 25, 2024

Fitch Ratings finds that the CrowdStrike incident will have limited financial impact on global reinsurers despite preliminary loss estimates. Read More


Global Commercial Insurance Rates Flat in Q2, Ending 26-Quarter Increase Streak

July 25, 2024

Global commercial insurance rates remained flat in Q2 2024, ending a 26-quarter streak of rising rates, driven by increased competition among insurers. Read More


New Captive Insurer Eases Rising Insurance Costs for Affordable Housing

July 24, 2024

Discover how a captive insurance solution can address the unique challenges of NYC's affordable housing market. Read More


Aon Survey Finds Businesses Lag in Addressing "Megatrend" Risks

July 23, 2024

Aon's survey shows 72 percent of business leaders feel unprepared for global megatrends, emphasizing the need for better risk management and data analytics. Read More