Market News

US commercial insurance prices increased by nearly 4 percent in the second quarter of 2019 compared to prices charged during the second quarter of 2018, according to Willis Towers Watson's latest "Commercial Lines Insurance Pricing Survey." Read More

Today's world economy is less resilient than in 2007, according to the Swiss Re Institute and the London School of Economics. They posit that insurers could boost global financial resilience by closing a record-high $1.2 trillion composite protection gap for 3 areas of risk: natural catastrophes, mortality, and healthcare spending. Read More

Total capital dedicated to the global reinsurance industry was $559 billion midyear 2019, according to Willis Re's latest "Reinsurance Market Report." Fitch Ratings also reports a stable 2020 outlook for the global reinsurance sector. Read More

Fitch Ratings reported that higher investment income and modestly weaker calendar-year underwriting margins kept operating performance for North American property and casualty (P&C) insurers steady during the first half of 2019. Read More

Swiss Re and Capsicum Re have launched a new cyber reinsurance solution called Decrypt, which includes embedded, silent, and affirmative cyber risks. Read More