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Tag: Insurance Premium


Financial, Risk Management

UK non-life insurance premium income expected to grow 8.5% in 2023: EY

November 7, 2023

Via: Reinsurance News

UK non-life insurance premium income is forecasted to grow 8.5% in 2023, up from 3.9% in 2022, before slowing slightly to 5.1% in 2024 and 4.1% in 2025, according to a recent analysis from EY Item Club. This growth is […]


Financial, Risk Management

Despite Lower Premium Volume, U.S. Title Insurers Continue to Post Solid Results

October 12, 2023

Via: Insurance Journal

The U.S. title insurance industry saw its volume of net premium written decline by 16.1% in 2022, to approximately $20.9 billion, following a decade of growth during which this level had more than doubled, according to a new AM Best […]


Financial, Risk Management

Revealed – global insurance premium income

May 22, 2023

Via: Insurance Business

Total global insurance premium income amounted to nearly €5.6 trillion (about $6.05 trillion) last year, according to a new report by Allianz Trade. Life remained the largest insurance segment at €2.6 trillion, followed by property-casualty (€1.8 trillion) and health (€1.1 […]


Financial, Risk Management

Home and auto insurance premium rates to rise significantly: Triple-I

February 20, 2023

Via: Reinsurance News

Auto and home insurance rates in the US lagged behind the inflation rate in 2020 and 2021, laying the groundwork for the premium increases which occurred last year and will continue into 2023, according to the Insurance Information Institute (Triple-I). […]


Geo-Political, Risk Management

“Ukraine war dashes hopes of bumper year for insurance” – Allianz

May 24, 2022

Via: Reinsurance News

Russia’s invasion of Ukraine has ‘dashed’ hopes for a bumper year for the insurance industry, says a new report from Allianz. The Allianz Global Insurance Report 2022 says that this year was expected to be ‘another bumper year’ for the […]


Financial, Risk Management

$509M in Surplus Lines Insurance Premium Recorded in Texas in February

March 9, 2021

Via: Insurance Journal

Texas surplus lines insurance premium recorded in Texas in February totaled $509.48 million, the Surplus Lines Stamping Office of Texas (SLTX) has reported. With the addition of February premium, the year-to-date total rose to $1.12 billion. This results in a […]