Weather Risk

Hail damaged homes and businesses while winds toppled trees and power lines.

The aviation insurance market is projected to reach $4.73 billion in 2025.

More than 2,000 people died and 3,900 were injured in Myanmar as a result of the 7.7-magnitude earthquake. Dozens also died in Thailand.

Rate hikes could leave many without coverage.

The entire insurance ecosystem is likely to experience stress as the risk landscape becomes increasingly volatile.

The agency stands to lose hundreds of people from its current workforce due to firings, early retirements and voluntary separation programs.