News - Markets & trends
ADACTA: Bancassurance growth driven by digitalization and customer trust
Bancassurance, once a niche distribution model that began in France in the late 1970s, has become a central growth engine for insurers and banks alike. According to Adacta, the market in EMEA is projected to expand from USD 651.6 billion in 2024 to nearly USD 857 billion by 2030, driven by convenience, digital innovation, and demographic shifts.
28 August 2025Omnibus Packages: What they mean for insurers in 2025 in GDV’s view
The European Union’s so-called Omnibus Packages are becoming a central tool for legislative change, bundling amendments to multiple legal acts into a single proposal. For insurers, these initiatives carry far-reaching implications, ranging from reporting obligations and supervisory rules to digital requirements. According to the German Insurance Association (GDV), several Omnibus Packages have already been launched in 2025, with more to follow, marking a year of significant regulatory shifts.
28 August 2025Swiss Re Institute: Global insured losses from natural catastrophes reach USD 80 billion in 1H2025
Global insured losses from natural catastrophes reach USD 80 billion in the first half of 2025 according to Swiss Re Institute’s preliminary estimates.
11 August 2025Aon’s Catastrophe Risk Survey: in 1H2025 total insurance claims for global natural disasters were the second highest on record
Total insurance claims for global natural disasters were the second highest on record among the first half periods, highlighting the importance of having access to effective modelling solutions, Aon’s 2025 Catastrophe Risk Management Survey says.
11 August 2025Munich Re: Insured losses in 1H2025 were the second-highest in the first half of any year since records began in 1980
Worldwide, natural disasters caused overall losses of around USD 131 billion in the first half of 2025 (previous year, adjusted for inflation: USD 155 billion), of which USD 80 billion was insured (in 2024: USD 64 billion), Munich Re said in its recent Natural disaster figures for the first half of 2025 report.
5 August 2025Marsh’s Global Insurance Market Index: Global insurance rates declined 4% in 2Q2025, marking the fourth consecutive quarter of decline
Global commercial insurance rates fell 4%, on average, in the second quarter of 2025 following a 3% decline in 1Q2025. Increasing insurer competition, is currently the main catalyst behind rising market capacity, more favorable rates, and broader coverage options, Marsh McLennan said in its latest Global Insurance Market Index.
5 August 2025Willis: Climate transition, geopolitical and economic risks, cyber risks as well as the AI adoption – among the most important risks for aviation
130 senior aviation representatives took part in the Understanding emerging risks in the aviation industry new report, by Willis, a WTW business. Of these, only 50% declared themselves confident that their business model and strategy are resilient to today’s emerging risks environment, and only 30% believe their strategy will be fit for purpose over the next decade.
22 July 2025Aon’s Global Catastrophe Recap: First Half 2025 report: economic losses from global natural disasters during 1H2025 above the 21st-century 1H average
A preliminary estimate of at least USD 162 billion in economic losses from global natural disasters during the first half of 2025 is above the 21st-century 1H average of USD 141 billion and is comparable to the economic losses recorded in 1H2024 (USD 156 billion), according to the recent Aon’s Global Catastrophe Recap: First Half 2025 report.
17 July 2025Swiss Re Institute: growth in the global insurance industry is slowing in both life and non-life sectors
Global growth is decelerating as US tariff policy reduces trade and heightens uncertainty. According to Swiss Re Institute's World Insurance sigma, global GDP growth (inflation adjusted) is expected to slow to 2.3% in 2025 and 2.4% in 2026 from 2.8% in 2024.
17 July 2025CyberCube and Munich Re: Joint experts publish report to advance the insurance industry’s understanding of systemic cyber risks
CyberCube and Munich Re, both leading providers in their field of cyber risk, analytics and insurance, have published the main findings of a joint study on severe cyber accumulation events and the relative resilience of organizations to systemic events due to effective mitigation measures.
17 July 2025The “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
