As European insurers brace for a challenging year ahead, they must navigate a complex landscape marked by falling yields, moderating premium rates, and rising geopolitical risks. Despite these hurdles, the sector's core financial health remains robust, positioning it well to maintain stability
In a significant move that has the potential to reshape the reinsurance market, Willis Towers Watson (WTW) is making a strong comeback into treaty reinsurance broking through a strategic joint venture with Bain Capital. Leveraging its historical expertise, extensive global network, and cutting-edge
The recent announcement from Horace Mann Educators Corporation introduces a new chapter of strategic growth as the company extends its financial and insurance services to the state of New Jersey, marking a significant milestone in its mission to serve the educational community. With prior
The commercial insurance market in the United States has been experiencing a steady increase in rates, a trend that has persisted since the end of the COVID-19 pandemic. According to Willis Towers Watson's (WTW) Commercial Lines Insurance Pricing Survey (CLIPS), the overall average price
The global homeowners insurance market is set to undergo significant expansion, with projected growth estimating a market size of US$366.8 billion by 2030, up from US$240.5 billion in 2023. This accelerated expansion, driven by technological advancements, shifting consumer behavior, and increasing
As 2024 draws to a close, Risk Strategies has shifted its focus towards the future, examining the risks, challenges, and opportunities that the insurance market is set to face in 2025. Their latest "State of the Insurance Market" report not only encapsulates key trends from the past year
