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Amid a hard market characterized by high demand for insurance, limited supply, and evolving risks, brokers, insurers, and underwriters are under significant pressure to respond quickly, price policies accurately, and deliver seamless service—all while grappling with increasing workloads and stretched resources. In this challenging environment, insurtech tools are emerging as essential solutions, enabling brokers and … Read more

Global life insurance premiums are projected to grow at an annual rate of 3% in 2025 and 2026, more than double the growth rate of the past decade, according to Swiss Re’s latest sigma report. Factors such as rising real wages, elevated interest rates in key markets like the United States, aging populations, and a growing … Read more

The US District Court for the District of Columbia has ruled that excess insurance carriers cannot challenge coverage decisions made by lower-layer insurers, as part of a split decision in a legal dispute involving the Federal Home Loan Mortgage Corp (Freddie Mac) and Twin City Fire Insurance Co, an underwriting entity of Hartford Financial Services Group Inc. … Read more

The global insurance industry is navigating a volatile landscape marked by economic uncertainty, geopolitical tensions, and shifting trade patterns, according to McKinsey’s Global Insurance Report 2025. Despite these challenges, the report identifies opportunities for insurers to adapt and find profitable growth across personal lines P&C, commercial P&C, and life insurance sectors. Personal lines property and casualty … Read more

Heading into the 1/1 reinsurance renewals period, there’s a strong sense that ‘nothing gold can stay’ across the market. Reflecting on the “almost perfect” state of the market today, Vivek Bajaj (pictured right), head of sales for insurance solutions at Moody’s, highlighted that the present conditions – those of a hard market where prices are … Read more