News - Markets & trends
The “Manage” product of SCOR marks the next evolution of the Ecological Restoration Insurance Solution
With many ecosystems rapidly declining and even at risk of collapse, there is now a greater understanding that healthy ecosystems are crucial, and a greater awareness that ecological restoration requires major financing — ensuring ecosystem integrity and resilience has become an international priority.
11 July 2025Swiss Re: 7 lessons that European insurers may learn from the California wildfires
Many countries in Europe can learn from the wildfires in California – the convergence of factors leading to the historic insurance losses is not unique to the US West coast, a recent analysis article released by Swiss Re reads.
26 June 2025Aon's 2025 Global Cyber Risk Report: cyber events that cause reputation risks can result in an average shareholder value decline of 27%
Cyber risk is no longer just a technology issue — it's a boardroom issue, according to Brent Rieth, global cyber leader at Aon. “Organizations that invest in preparedness and resilience are far better positioned to avoid the reputational and financial fallout that can follow a cyber event", said Brent Rieth.
25 June 2025Swiss Re's SONAR report: Human lives lost to extreme heat exceed the total toll from earthquakes, floods and hurricanes
Up to half a million people globally succumb to the effects of extreme heat each year, according to recent scientific research, exceeding the combined impact of floods, earthquakes and hurricanes. This places the observable increase of extreme heat events among the most important emerging risks, according to Swiss Re's 2025 SONAR report.
17 June 2025Marsh, “The evolution of cyber claims in Europe” report: current trends and challenges in cyber claims
In today’s digital business environment, technology risk continues to be a critical concern for organizations of all sizes. As a result, the use of cyber risk insurance continues to increase and is a significant strategic component for managing cyber risk, the latest Marsh report on The evolution of cyber claims in Europe” reads.
5 June 2025Europe-wide survey: young people say buying insurance should be simpler and smarter
Access to insurance needs to become simpler, more digital and user-friendly to meet the distinct needs of Europe’s younger generation. This is the clear message from a survey conducted by Insurance Europe in partnership with the European Youth Parliament (EYP), which gathered the views of 651 young people from 33 European countries.
4 June 2025Allianz Global Insurance Report 2025: Insurance remains a growth industry
The global insurance industry is estimated to have grown by +8.6% in 2024. This again exceeded the exceptional +8.2% growth recorded in the previous year. Insurance companies worldwide experienced an increase in premiums of EUR 557 billion, bringing total premium income to EUR 7.0 trillion, according to the Allianz Global Insurance Report 2025.
2 June 2025GDV: German insurance sector faces mounting climate-related losses
A recent study by the Society for Economic Structural Research (GWS) projects that climate change could inflict approximately EUR 690 billion in economic damages on Germany between 2025 and 2050. The insurance industry is among the most affected sectors, alongside healthcare and agriculture, commented the German Insurance Association (GDV).
22 May 2025Bain & Company sounds the alarm on growing insurance protection gaps
Bridging the Protection Gap: Affordability, Access, and Risk Prevention, the latest report issued by global consultancy Bain & Company delivers a sobering assessment of the widening protection gap. As the insurance industry grapples with structural shifts, from climate volatility to evolving consumer behaviors, the report urges insurers to take decisive steps to remain relevant—and resilient.
22 May 2025AM Best: EU Natural Catastrophe scheme could narrow protection gap, but questions remain
A new commentary from AM Best, published in May 2025, highlights both the promise and complexity of a proposed European Union-backed natural catastrophe reinsurance scheme aimed at narrowing the region’s widening protection gap.
22 May 2025“Tech Trend Radar 2025” offers insurers an overview of tech-driven trends and their effects on the industry
The Tech Trend Radar 2025, a joint publication from ERGO and Munich Re offers insurers an overview of tech-driven trends and their effects on the industry, ERGO said in its press release.
13 May 2025GDV warns fake freight forwarders on the rise: phantom truckers steal millions in cargo across Europe
Logistics companies and transport insurers are increasingly facing a surge in a new and highly deceptive form of cargo theft, the German Insurance Association (GDV) warns. Instead of breaking into trucks at rest stops, criminals now pose as legitimate freight companies, showing up at warehouses and driving off with entire truckloads—legally handed over under false pretenses.
8 May 2025New Swiss Re report: Shifting gears in a changing landscape – a global perspective of motor re/insurance
Swiss Re's latest report "Shifting gears in a changing landscape" provides insights into the trends and challenges that are currently shaping the motor re/insurance market. Swiss Re's mid-term global outlook for motor insurance is cautious as challenges persist in this competitive market and are being joined by new ones, as mobility undergoes a dramatic transformation.
8 May 2025Swiss Re Institute: hurricanes and earthquakes could drive global insured losses to USD 300 billion or more in a peak year
Swiss Re Institute estimates that hurricanes and earthquakes could drive global insured losses to USD 300 billion or more in a peak year, Swiss Re said in its recent press release.
5 May 2025Aon Report: Trade, Technology, Weather and Workforce are creating unprecedented challenges for business leaders
"The megatrends of Trade, Technology, Weather and Workforce are creating unprecedented challenges for business leaders, who risk decision paralysis when urgent action is needed", said Greg Case, president and CEO of Aon in the recent Aon Report “Client Trends 2025”.
5 May 2025Marsh: global commercial insurance rates fell 3% in 1Q2025
Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in 4Q2024, marking the third consecutive quarterly decrease following seven years of rising rates, according to the Global Insurance Market Index, released by Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan.
28 April 2025Aon: considering the Q1 insured losses global figures, 2025 may become a top costly year for insurers
Economic losses from natural catastrophes reached at least USD 83 billion in Q1 2025, with insured losses exceeding USD 53 billion and a global insurance gap of about 35%, the latest Aon Global Catastrophe Recap shows.
24 April 2025Allianz Commercial: Businesses have ranked political risks and violence as a top 10 global risk for the past three years
Businesses have ranked political risks and violence as a top 10 global risk for the past three years, according to the Allianz Risk Barometer 2025 demonstrating that it has become a key concern for companies of all sizes.
15 April 2025Marsh: Last year marked a pivotal year for transactional risk insurance
Transactional risk insurance claims increased by 20% and 30% in North America and EMEA, respectively in 2024. Asia’s claims activity remained stable compared to 2023, while the Pacific region experienced a slight decrease in claims notifications.
8 April 2025Swiss Re: Behavioral science can help insurers navigate the GLP-1 medication era
Key challenges for adopters of GLP-1 medications, such as Ozempic® and Wegovy®, are side effects, costs and the potential of weight regain after discontinuing the drug, is one the key points of the Swiss Re’s report on the potential impacts of GLP-1 medications on insurance market risk pricing.
3 April 2025
