Market News

Specialty insurance and reinsurance rates declined sharply during the first half of 2026, according to WTW. Property insurance experienced the steepest reductions, falling 17 percent at July renewals. All 15 surveyed insurance and reinsurance classes recorded rate decreases net of claims trend, raising concerns about casualty insurance rate adequacy. Read More

Swiss Re Institute projects $200 billion in commercial insurance premiums from artificial intelligence data centers and renewable energy investments through 2030. However, growing infrastructure investments are creating increasingly concentrated and interconnected risks. Insurers face challenges involving natural catastrophes, supply chain dependencies, business interruption exposures, and complex underwriting requirements. Read More

The National Association of Insurance Commissioners (NAIC) reports continued growth in the US cyber insurance market in 2025, with increases in policies in force and reported claims. Despite rising demand, insurers face higher loss ratios, declining rates, and evolving cyber-security threats. The study also examines reinsurance capacity, claims severity, and emerging underwriting challenges. Read More

As agriculture faces rising climate, regulatory, and operational risks, captive insurance provides a flexible alternative to traditional markets. Captives allow for customized coverage—such as parametric policies tied to weather triggers—and offer long-term cost efficiency, risk retention options, and resilience against premium volatility and coverage gaps. Read More

US farm bureau property and casualty insurers returned to underwriting profitability in 2025 after 4 years of losses, according to AM Best. Underwriting gains continued into 2026, supported by rate increases, favorable reinsurance pricing, and less severe weather. Life/annuity farm bureau insurers also recorded steady surplus growth and stronger premium growth. Read More