Market News

Nearly All Commercial Insurance Lines Saw Premium Increases in 2024

January 22, 2025

The 2024 Ivans Index reports premium renewal rate trends for major commercial insurance lines. Most lines saw year-over-year increases, with commercial property leading. Workers compensation continued to decline. The data reflects over 120 million transactions, offering insights into market dynamics for agencies, insurers, and managing general agents. Read More


US Property & Casualty Outlook: Results Stabilize as Competition Heats Up

January 21, 2025

Swiss Re's "US Property & Casualty Outlook" highlights stable profitability with a 10 percent return on equity, slower premium growth, and rising investment income. Challenges include natural catastrophe losses, social inflation, and reserve adequacy, balanced by reduced claims pressure and steady underwriting results. The report projects cautious optimism for the industry. Read More


Rethinking Risk: How Captives Empower Delivery Service Partners

January 21, 2025

Joel Appelbaum of IRMI and Dave Johnson from Innovative Captive Strategies discuss how captive insurance empowers delivery service partners (DSPs) with tailored coverage, cost stability, and proactive risk management. The podcast explores captives' benefits, real-world DSP examples, and the evolving role of captives in a tech-driven logistics landscape. Read More


Cyber Risks Top 2025 Business Threats as Climate Concerns Surge

January 20, 2025

The Allianz Risk Barometer 2025 highlights cyber incidents as the top global business risk, followed by business interruption and natural catastrophes. Climate change reaches its highest ranking ever, while geopolitical risks and regulatory challenges continue to impact businesses. The report emphasizes the importance of resilience and holistic risk management in addressing interconnected threats. Read More


Reinsurers Expected To Maintain Strong Profits Despite Price Drops

January 20, 2025

Fitch Ratings projects strong reinsurer profitability in 2025, despite declining renewal prices. Robust capital growth, cautious underwriting, and increased premium volumes are expected to sustain stability. Property catastrophe and casualty trends remain key focus areas, with wildfires and cyber risks adding complexity. Fitch maintains a neutral sector outlook amid ongoing market shifts. Read More