News - Markets & trends
Aon 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”.
Marsh: 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.
Aon: 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.
Allianz 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.
Marsh: 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.
Swiss 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.
Willis’s 2025 Global Clean Energy Survey: Natural resources at a tipping point
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.
WTW: Threats, political repatriations and kidnap dominated the crisis management landscape in 2024
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.
Call for EU-wide catastrophe insurance grows as climate risks escalate
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.
Global Risks Report 2025: increasingly grim expectations
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.
Generali Global Corporate & Commercial and Descartes Underwriting launch a new ILS fund, which represents a breakthrough in parametric insurance
Generali Global Corporate & Commercial (GC&C) and Descartes Underwriting announced the launch of the new Lumyna Twelve Capital Parametric Insurance Linked Securities (ILS) Fund, which is a pioneer in the fast-growing ILS market and is a significant step forward in the GC&C and Descartes partnership, aimed at expanding the use of parametric solutions in the natural catastrophe insurance space.
WTW’s Natural Catastrophe Review: 2024 became the first year on record to exceed 1.5°C above pre-industrial levels
In 2024 as the global mean temperature exceeded 1.5°C above pre-industrial levels for the first time, the insurance protection gap for natural catastrophes is estimated to stand at 60%, according to WTW’s Natural Catastrophe Review (July – December 2024), published by WTW, a leading global advisory, broking, and solutions company.
COB announced the launch of a new campaign aimed to encourage insurance providers and insurance bodies to support the ‘Charter of Road Traffic Victims Rights’
COB, an international organisation active in the motor insurance sector and acting for the protection of cross-border road traffic victims, announced the launch of a new campaign which aims to encourage insurance providers and insurance bodies to support the ‘Charter of Road Traffic Victims Rights’, the press release says.
Allianz Risk Barometer 2025: Top Global Risks increasingly intertwined in a complex network of cause and effect
Cyber incidents, including data breaches, ransomware attacks, and IT disruptions like the CrowdStrike incident, top the Allianz Risk Barometer for 2025. Business interruption ranks #2, remaining a key concern across all company sizes, followed by natural catastrophes.
STATISTICS: Swiss Re’s CEOs about 2025 in reinsurance: as uncertainty rises, so does the need for protection
A few days before the beginning of 2025, Swiss Re's Business Unit CEOs share their views on the key themes that will shape the re/insurance industry in the year ahead. Geopolitical, economic and social tensions, as well as natural catastrophes will be the main threats to which reinsurers will have to respond.
Zurich Insurance Group: Global Economic and Markets Outlook 2025
Zurich Insurance Group has released its Global Economic and Markets Outlook 2025, highlighting significant shifts in the global economic trajectory. The report underscores a period of flux in the macroeconomic backdrop, driven by recent geopolitical developments, fiscal measures and evolving trade policies.
Swiss Re Institute: insured losses worldwide above USD 100 billion for 5th consecutive year
Estimated insured losses from natural catastrophes on track to exceed USD 135 billion in 2024 worldwide. Europe, in particular, has experienced intense flooding in 2024, resulting in the second-highest insured losses from floods in the region ever, according to Swiss Re Institute's estimates.
G20 Survey: Economic threats continue to overshadow climate and cyber risks
Extreme weather enters G20 top five risks following a year marked by record temperatures, severe flooding and wildfires, shows the Executive Opinion Survey, conducted by the World Economic Forum. However, economic threats continue to top the list of concerning issues.
Swiss Re Institute: Global life insurance premiums are forecast to grow at an annual rate of 3% in 2025 and 2026
Global life insurance premiums are forecast to grow at an annual rate of 3% in 2025 and 2026, more
Global Insurance Report 2025 offers granular insights and clear recommendations for how leading insurers can drive performance in the shifting landscape
According to the recent McKinsey’s Global Insurance Report 2025, published in three chapters covering commercial P&C, personal lines P&C, and life, finding profitable growth is an imperative for the world’s personal and commercial property and casualty insurers, while life carriers must adjust to changing consumer needs.
5 May 2025