Market Insights

An array of potential headwinds and risks have surfaced (or re-surfaced), meriting caution and scrutiny by re/insurers.

The marine-insurance industry is expected to keep growing, thanks in part to improved safety practices.

A survey from WTW showed commercial insurance pricing trends remained steady to start 2024.

Several converging factors in 2024 create a challenging market for consumers looking for home insurance coverage.

Auto insurance rates for new drivers in the U.K, increased more than £1,000 from 2023 to 2024.

Consumers earning $50,000-$200,000 annually are most likely to change auto insurance.

In January, domestic shorthair cats saw a 93% increase in abnormal behavior claims.

Overall shipping casualties or incidents declined around 3% in 2023, Allianz reports.