Market News

Organizations experienced an increase in ransomware attacks during the fourth quarter of 2024, according to the Q4 2024 Cyber Threat Report from The Travelers Companies, Inc.The report found an increase in new ransomware groups, demonstrating a growing number of smaller, more agile threat actors in the cyber-crime ecosystem. Read More

Heightened global geopolitical tensions and protectionist trade strategies are increasing organizations' risk of acute supply chain failures in 2025, a new report from Marsh suggests. Organizations that trade with connector countries to circumvent trade controls—or have suppliers doing the same—may face greater supply chain risks, Marsh said. Read More

US commercial insurance prices continued to increase in the fourth quarter of 2024, though increases moderated, according to Willis Towers Watson (WTW). Insurers reported an aggregate price increase of 5.6 percent during the final 3 months of 2024, down from a 6.1 percent increase reported during the year's third quarter. Read More

Insurer credit rating upgrades increased in the US property-casualty insurance sector in 2024 while downgrades saw a decline, according to AM Best. Best reported 42 rating upgrades among US property-casualty insurers in 2024, up from 35 during 2023, and 43 downgrades, down from 55 the prior year. Read More

Airmic's 2025 Captives Survey underscores the growing role of captive insurance in risk financing. The report explores trends in domicile selection, premium growth, expanding coverage lines, and increased utilization in response to market conditions, emphasizing captives as a strategic tool for organizations seeking flexible, long-term risk management solutions. Read More