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.

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.

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.

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).

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.

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.

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.

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.

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.

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.

"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”.

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.

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.

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.

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.

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.

Average spend across the industry on clean energy technologies is expected to increase by over a third in the next financial year, according to the latest global Clean Energy Survey released by Willis, a WTW business.

Threats against individuals or client assets made about 26% of all incidents reported by clients last year to Alert:24 - the in-house risk advisory and crisis support service provided by Willis, a WTW business. Closely following, at 21% each, were emergency political repatriations of employees or family members and kidnaps for ransom.

The growing financial burden of natural disasters is exposing the limitations of national insurance systems across Europe, fueling calls for a coordinated EU-wide catastrophe coverage scheme. As climate-related risks intensify, experts warn that existing national institutions are struggling to keep pace, leaving vast economic losses uninsured.

Misinformation and disinformation, extreme weather events, state-based armed conflicts, societal polarization and cyber espionage and warfare are the Top 5 short-term (2 years) risks according to the World Economic Forum Global Risks Perception Survey 2024-2025.