Market News

The Federation of European Risk Management Associations (FERMA) has issued a consultation paper as part of the organization's effort to elevate the maturity of the enterprise risk management (ERM) function within organizations. The ERM discipline remains underused and undervalued in some organizations, a FERMA statement said. Read More

Lloyd's has announced the 11 InsurTech firms that will make up the 14th cohort of the market's Lloyd's Lab innovation hub. The 14th cohort will introduce the theme "Shaping the Future of Reinsurance in Bermuda." It was developed in partnership with the Bermuda Monetary Authority. Read More

Gallagher Re's recent report explores how the cyber insurance market can shift from reactive cycles to long-term sustainability. By addressing volatility, improving underwriting, and aligning capital with demand, the report outlines a path toward a more resilient, scalable market that can adapt to evolving threats and maintain stakeholder confidence. Read More

Aon's April 2025 reinsurance report shows continued market strength with record $715B reinsurer capital, double-digit pricing reductions in Asia–Pacific, and expanded facultative capacity. Competitive conditions are expected to persist through midyear renewals, offering insurers opportunities for improved terms and coverage flexibility across property and financial lines. Read More

In Jones v. Commissioner, the tax court reaffirmed rigorous scrutiny of micro-captive insurance under IRC §831(b), disallowing tax deductions and exclusions claimed due to insufficient risk distribution and non-arm's-length premium practices. A payment previously classified as a loan was recharacterized as a constructive dividend to an executive. Read More