Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils May 19, 2025 By L.S. Howard Global insured losses from natural catastrophes hit $137 billion in 2024, following the 5%-7% annual growth rate that has been...
Lloyd’s Has ‘Laser Focus’ on Oversight of Coverholders to Proactively Avoid Market Risk May 16, 2025 By L.S. Howard Lloyd’s has “a laser focus” on the oversight of delegated underwriting authorities to make sure these facilities do not drag...
Business Moves: Insurtech wefox to Sell Italian Businesses to PE Firm J.C. Flowers May 14, 2025 By L.S. Howard German Insurtech wefox has agreed to sell its Italian businesses, wefox MGA S.r.l. and wefox Services Italy S.r.l., to U.S....
Rising Civil Unrest, Political Violence Remains Top 10 Risk for Global Businesses: Allianz May 5, 2025 By L.S. Howard Soaring levels of civil unrest and political violence is a key concern for businesses of all sizes as well as...
Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils April 30, 2025 By L.S. Howard Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been...
Brokers Aon and WTW Each Report Steady Organic Growth of 5% in Q1 April 28, 2025 By L.S. Howard The brokers Aon and WTW both reported organic revenues of 5% for the first quarter of the year, level with...
Global Q1 Commercial Insurance Rates Drop 3%, but US Casualty Bucks the Trend April 24, 2025 By L.S. Howard Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4...
Global Natural Disasters Cost Insurers $53B in Q1, With Economic Losses of $83B April 21, 2025 By L.S. Howard Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025 –...
Buyer-Friendly April Reinsurance Renewal Bodes Well for Mid-Year Renewals: Brokers April 21, 2025 By L.S. Howard The April reinsurance renewals saw a competitive, buyer-friendly market with plentiful capacity and price reductions for loss-free accounts–in a continuation...
Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs Say April 21, 2025 By L.S. Howard Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while maintaining...