Browsing: property/casualty

Capgemini Research Institute report reveals how aging population and urbanization will reshape P&C insurance industry globally

US insurance giant Travelers is set to offload its personal and commercial lines business in Canada to Definity in a $2.4 billion deal, marking a significant move in the property casualty market.

Despite predictions of collapse, the property & casualty insurance industry showed strong financial performance in 2024. This article analyzes the results, highlights key developments, and examines potential headwinds in 2025.

A new report from AM Best indicates improved financial health for the US property/casualty insurance sector, with rating upgrades increasing while downgrades decreased in 2024.