Market News
New Captive Insurer Eases Rising Insurance Costs for Affordable Housing
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
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
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
Cyber Insurance Poised for Global Expansion, Driven by Innovation
Howden's latest report indicates a stabilizing cyber insurance market, with growth fueled outside of the United States and for small to medium-sized enterprises. Innovation and robust capital inflows are essential factors. Read More
Reinsurers See Record Returns, but New Reinsurer Formations Lag
Despite record returns, new reinsurer formations remain scarce, per A.M. Best. Hard market conditions and investor hesitancy contribute to the stagnation. Read More