Browsing: insurance market

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

Analysis of how micro-captive insurance can help small businesses in the US amidst declining insurance market

Comprehensive analysis of Germany’s life and non-life insurance market, including current trends, growth projections, and key players.

The Saudi Arabia property and casualty insurance market is projected to grow from USD 44.15 million in 2024 to USD 67.34 million by 2030, at a CAGR of 7.35%, driven by regulatory reforms and economic diversification under Vision 2030.

The global pet insurance market is projected to grow significantly, reaching $68.91 billion by 2032, driven by increasing veterinary expenses and pet humanization.

Vietnam’s life insurance sector saw a 2.4% increase in new premium revenue in March 2025, with significant growth in term insurance products and a decline in mixed insurance products.

Life insurance sales to mainland Chinese visitors in Hong Kong stabilised in 2024, with new business premiums reaching HK$62.8 billion, a 6.5% increase from 2023.

Cyber insurance market faces challenges in balancing historical risk data with future projections, particularly with advancements in AI technology.

The California FAIR Plan, a state-backed insurance pool for high-risk properties, is grappling with significant financial strain due to recent wildfires. The plan’s 2025 reinsurance structure and new legislative efforts aim to address these challenges.

Two disaster-prone states facing skyrocketing homeowners insurance premiums experiment with different solutions to address the crisis.