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US auto insurance rate increases The countrywide average will have increased by double digits in back-to-back years if this trend continues for the remainder of 2025. For several years prior to the ...

Global reinsurers delivered strong results in the 2024 with further improvement in underwriting profitability, exceptional ROEs. The underlying underwriting margin increased from 2.7% a year ago to 4% ...

Beryl experienced an eyewall replacement cycle, weakening slightly, but regained strength and made landfall in Carriacou, Grenada as a strong Category 4 hurricane with winds of 150 mph (see how U.S. P ...

The Los Angeles wildfires are expected to be a major catastrophic event for the insurance industry. However, analysts indicate that the insurance and reinsurance sector remains well-capitalized to ...

Source: Bloomberg Finance L.P. Average of forecasts four quarters ahead, weighted average for Euro area, United Kingdom, Switzerland, United States, BRICS. Insurance Risks Insurance risks remain ...

Economic losses from natural catastrophes in the EU are rising due to increased economic exposure and the growing severity of climate-related disasters. Between 1981 and 2023, NatCat events caused ...

KatRisk, a provider of catastrophe risk modeling software for the insurance and financial sectors, has acquired Gamma, a company based in Dublin specializing in location intelligence and ...

The Bloomberg Billionaires Index ranks the world’s richest people globally, updating their net worth daily based on stock market performance, economic conditions. Beinsure Media analyzed Bloomberg’s ...

Verisk, a global data analytics and technology provider, announced the launch of FairCheck, a solution designed to help insurers test their personal lines models and variables to respond to regulatory ...

Carlos Wong-Fupuy – senior director, global reinsurance ratings AM Best Responsible for a team of credit rating insurance analysts, covering the largest global (re)insurers. Heavily involved in the ...

Tariffs imposed by the Trump administration could increase claims costs for property and casualty insurance by $10 bn to $36 bn, according to the American Property Casualty Insurance Association ...