Market News

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

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 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

Howden Re's June 2025 report analyzes Lloyd's of London's syndicate performance, showing strong profitability and growth in property and reinsurance lines. The market is shifting toward smaller, more agile syndicates, with underwriting discipline replacing rate increases as the key driver of future growth amid a changing global risk environment. Read More

At the June 1, 2025, renewals, property-catastrophe reinsurance rates declined by up to 20 percent as capital returned and competition increased. Strong insurance-linked securities participation and Florida legal reforms contributed to a more stable market. Reinsurers supported full program structures while remaining selective and disciplined in underwriting. Read More