Market News

Aon's "2024 Year in Review" highlights shifts in securities litigation, increased enforcement on artificial intelligence (AI) and cyber disclosures, and key court decisions affecting coverage and liability. The report offers insights into regulatory developments, policy exclusions, and risk trends shaping executive liability insurance and compliance strategies across industries. 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

Managing general agents (MGAs) and delegated underwriting authority enterprises generated $89.9 billion in premiums in 2024, a 15 percent rise and the fourth year of double-digit growth. AM Best's report attributes this to niche market expansion, more nonexclusive MGA partnerships, and strategic investment. Over 700 MGAs met National Association of Insurance Commissioners thresholds, with 6 exceeding $1 billion in premiums. Read More

AM Best reports that the US property-casualty insurance sector faced a $1.1 billion underwriting loss in Q1 2025, driven by California wildfires. The industry's combined ratio rose to 99.4, while net income dropped 50.4 percent due to catastrophe losses and a sharp decline in realized capital gains at National Indemnity Company. Read More

Don't miss the June issue of "Captive Insurance Company Reports" ("CICR"), which explores the trending issue of carbon sequestration. Read More