Market News

Reinsurers Can Withstand Preliminary Loss Estimates from CrowdStrike Incident

July 25, 2024

Fitch Ratings finds that the CrowdStrike incident will have limited financial impact on global reinsurers despite preliminary loss estimates. Read More


Global Commercial Insurance Rates Flat in Q2, Ending 26-Quarter Increase Streak

July 25, 2024

Global commercial insurance rates remained flat in Q2 2024, ending a 26-quarter streak of rising rates, driven by increased competition among insurers. Read More


New Captive Insurer Eases Rising Insurance Costs for Affordable Housing

July 24, 2024

Discover how a captive insurance solution can address the unique challenges of NYC's affordable housing market. Read More


Aon Survey Finds Businesses Lag in Addressing "Megatrend" Risks

July 23, 2024

Aon's survey shows 72 percent of business leaders feel unprepared for global megatrends, emphasizing the need for better risk management and data analytics. Read More


Q1 2024 Natural Catastrophe Losses Manageable for Governments and Insurers

July 22, 2024

Gallagher Re's Q1 2024 report reveals $43B in economic losses, 17 percent below the 10-year average, with a focus on transitioning El Niño conditions impacting future weather. Read More