Market News

Case reserves are estimates of unpaid losses and allocated loss adjustment expenses for individual reported claims. In captive insurance programs, these reserves are adjusted as claims develop and affect incurred losses, underwriting results, and financial reporting. Understanding case reserves and their relationship to incurred but not reported reserves supports effective claims and reserve management. Read More

Howden Re examines how catastrophe models are evolving to incorporate current climate and environmental data. Updates from Verisk and anticipated changes from Moody's RMS offer insurers and reinsurers new ways to assess catastrophe exposures. However, changes in modeled losses may reflect revised methodologies rather than actual shifts in underlying risk. Read More

Artificial intelligence (AI) is changing the cyber-security risk landscape for insurers, introducing new threats and challenges related to data protection, third-party vulnerabilities, and regulatory compliance. This article examines emerging AI-driven cyber risks and the importance of effective governance, risk management practices, and internal controls in addressing evolving cyber-security exposures across the insurance industry. Read More

The Q3 2026 Ivans Index reported slowing commercial insurance premium renewal rate increases across five of six major lines compared with the previous quarter. Workers compensation was the only line to record a slight increase. Year-over-year renewal rate changes remained higher for all lines except workers compensation, according to Ivans. Read More

Global commercial insurance rates declined 5 percent in the third quarter of 2026, marking nine consecutive quarterly decreases, according to Marsh. Property rates fell 10 percent, while casualty rates rose 1 percent. Strong insurer competition, increased capacity, and favorable reinsurance conditions continued to drive pricing reductions across global markets. Read More