Market News

The North Carolina Captive Insurance Association's (NCCIA's) board discussed legislative priorities, regulatory developments, and planning for its upcoming conference. The association reported stable financials, ongoing collaboration with regulators, and efforts to strengthen member engagement. Additional governance updates included the creation of an immediate past chair role to support leadership continuity. Read More

A Gallagher Re report finds that artificial intelligence (AI) adoption is creating new liability risks not fully addressed by traditional insurance. Coverage gaps exist across cyber, errors and omissions, and liability policies, particularly for AI-driven outputs and decision failures. The report highlights growing litigation and emphasizes the need for dedicated AI insurance solutions. Read More

North American property and casualty insurers are seeing improved profitability and premium growth from advanced analytics and artificial intelligence (AI) adoption, according to WTW. While underwriting use is widespread, claims adoption is accelerating. Data quality and information technology challenges remain barriers as insurers expand investments and integrate AI, including generative tools, across operations. Read More

The article outlines a shift toward holistic risk management, emphasizing data-driven decision-making through metrics like insurance return on investment, financial risk-bearing capacity, and economic cost of risk. It positions insurance as a strategic asset, helping organizations optimize capital, reduce volatility, and align risk strategies with long-term business objectives. Read More

US property-casualty (P&C) insurers reported a $60.9 billion underwriting gain in 2025, nearly triple 2024 results, driven by premium growth, improved combined ratios, and lower catastrophe losses. Higher investment income boosted operating results, though net income declined due to reduced capital gains. Policyholder surplus rose 11.4 percent to $1.19 trillion. Read More