Market News

Hylant's Q2 2026 report highlights mixed commercial insurance conditions, with soft property pricing, stable workers compensation, and firming cyber rates. Casualty lines face continued pressure from litigation and claim severity. Abundant capacity supports competition in several segments, while underwriting scrutiny increases across lines due to evolving risks and economic uncertainty. Read More

An AM Best survey finds insurers accelerating artificial intelligence (AI) adoption, with many expecting business transformation within 3 years. However, data quality, security risks, and legacy system limitations remain key barriers. While early productivity gains are reported, most insurers are still building infrastructure and governance needed to scale AI effectively. Read More

Cayman's insurance sector expanded in the first quarter of 2026 with 14 new insurer licenses and 4 portfolio insurance companies approved. Growth in reinsurance and captive insurance activity continues to drive momentum, reinforcing Cayman's position as a leading international domicile with significant assets, premium volume, and sustained global market interest. Read More

Pinnacle Actuarial Resources has launched a Toronto-based subsidiary to expand its services in Canada's growing property and casualty insurance market, strengthening support for insurers and enhancing its cross-border consulting capabilities. Read More

A new episode of The Edge of Risk Podcast by IRMI examines how war risk insurance is evolving amid geopolitical conflict impacting global shipping. Industry expert Steven Weiss explains pricing volatility, coverage structures, and operational challenges across cargo, hull, and liability policies, offering practical insights for risk managers navigating rapidly changing conditions in marine and transportation insurance markets. Read More