Browsing: insurance market

The global construction insurance market is experiencing a softening trend with increased competition driving premium reductions in certain segments, according to a recent Gallagher Specialty report.

Florida’s personal property insurance market has returned to profitability in 2024 after eight years of losses, according to a report by AM Best.

California homeowners are struggling to find affordable insurance as major providers pull out of the market, citing extreme weather risks and rising rebuilding costs.

Global Universal Life Insurance market valued at $63.7 Billion in 2024, projected to grow to $95.3 Billion by 2030 at a CAGR of 7%

China takes another step in liberalizing its financial sector, approving AIA Group and Aegon Group to establish wholly foreign-owned asset management subsidiaries in Shanghai

The cyber insurance landscape is evolving as ransomware attacks surge in frequency and complexity, yet payouts decrease due to improved cyber hygiene among policyholders.

Mountain Life Insurance Company receives regulatory approval to operate in Oklahoma, bringing its total US presence to 14 states

Latest General Insurance Price Index shows accelerated decline in motor and home insurance premiums

The U.S. homeowners insurance market has posted its first combined ratio of less than 100 in five years, according to a new report from S&P Global Market Intelligence.

Florida’s property insurance market shows signs of stabilization with only 1% average premium increase last year, offering hope to homeowners as hurricane season nears