Market News

AM Best reported that the US property-casualty (P&C) insurance industry generated a $16.3 billion underwriting gain in the first quarter of 2026, reversing a prior-year loss. Lower catastrophe losses, improved combined ratios, higher net investment income, and increased realized capital gains contributed to significant growth in operating income and net income. Read More

Commercial insurance renewal rates declined month over month across most major lines in May 2026, according to the Ivans Index. Commercial property and workers compensation were the only segments to post increases. Year-over-year renewal rates remained higher for most commercial lines, while workers compensation continued to record premium decreases. Read More

AM Best reports that the US directors and officers liability (D&O) insurance market remained profitable in 2025, but warning signs are emerging. Higher loss ratios, reserve deficiencies, declining premiums, excess market capacity, and prolonged claims activity could pressure underwriting margins. The agency expects competition to remain intense through 2026. Read More

Tokio Marine's 2026 Annual Market Report examines key trends in the medical stop-loss market, including rising large-claim frequency, increasing cancer and neonatal costs, transplant growth, specialty pharmacy pressures, deductible strategies, and mental health claim trends. The report also highlights cost containment efforts and evolving market pricing dynamics. Read More

Companies exploring casualty group captives should assess ownership structure, insurance premium size, industry, loss experience, safety commitment, and willingness to participate as owners. Businesses with strong risk management practices and a long-term perspective often benefit most from the increased control, cost stability, and potential underwriting returns captives provide. Read More