News - Markets & trends
InsurTech rebounds in 2025 - AI takes center stage
After several years of contraction and recalibration, the global InsurTech market has entered a new phase of measured recovery. According to the Global InsurTech Report – Q4 2025, published by Gallagher Re in collaboration with Gallagher and CB Insights, total InsurTech funding rose 19.5% y-o-y to USD 5.08 billion in 2025 - the first annual increase since 2021.
12 February 2026Marsh’s Global Insurance Market Index: In the fourth quarter of 2025, global commercial insurance rates declined by 4%
Global commercial insurance rates fell, on average, by 4% in the fourth quarter of 2025, marking the sixth consecutive quarter of rate decreases following seven years of increases, according to the latest Global Insurance Market Index (GIMI) released by Marsh Risk, a business of Marsh and the world’s leading insurance broker and risk advisor.
9 February 2026WILLIS: 2025 Nat Cat losses should not lull market into false sense of security
Natural catastrophes caused more than USD100 billion in insured losses in 2025, the sixth consecutive year above that threshold, yet a decrease of USD 40 billion when compared with 2024. The level of losses recorded, without a single hurricane making landfall in the United States, highlights the continued severity and persistence of natural catastrophe risk.
29 January 2026Aon’s 2026 Climate and Catastrophe Insight report: severe convective storms have become the costliest insured peril of the 21st century
Severe convective storms (SCS) have surpassed tropical cyclones to become the costliest insured peril of the 21st century, according to Aon’s annual Climate and Catastrophe Insight report.
26 January 2026GDV: Ski Accidents: rare, but increasingly costly
Skiing accidents account for just 2.6% of all reported accident claims, but they generate above-average costs, reaching EUR 7,907 per case - around EUR 400 more than five years ago, according to German Insurance Association (GDV).
22 January 2026Allianz Risk Barometer 2026: Cyber ranks as the #1 risk for the fifth time in a row, while AI jumps from #10 to #2
Cyber incidents again rank as the top global risk for 2026, followed by the closely linked peril of artificial intelligence (AI) which climbs from #10 last year. Both cyber and AI now rank as top five risks in every region and almost all the industry sectors analyzed in this year’s survey by Allianz.
19 January 2026Munich Re: Adapting to non-peak risks is essential in the climate change context
Natural disasters caused significant losses worldwide in 2025. All in all, damage amounting to some USD 224 billion was incurred, of which insurers covered around USD 108 billion, Munich Re’s analysts found out. This means that 2025 joins a growing list of years with insured losses exceeding the USD 100 billion mark, despite losses being lower year on year.
14 January 2026Winter weather and flooding cause losses across Europe in early January 2026
Europe was hit by severe winter weather and flooding in early January 2026, as an Arctic cold wave combined with intense rainfall episodes to produce fatalities, infrastructure disruption, and significant economic damage, according to a catastrophe assessment published by Aon.
14 January 2026Guy Carpenter: Reinsurance buyers benefit from lower prices and a wider range of innovative solutions as reinsurers grow capital due largely to strong retained earnings
Expanded reinsurance capacity available at January 1, 2026, resulted in accelerated softening of pricing across many lines, according to a report issued by Guy Carpenter, a Marsh business and a leading global risk and reinsurance specialist.
12 January 2026OECD: Global insurance markets return to growth, but protection gaps persist
The OECD’s Global Insurance Market Trends 2025 report provides a comprehensive overview of developments in the global insurance industry in 2024, based on data from the OECD Global Insurance Statistics (GIS) database covering 67 jurisdictions worldwide.
18 December 2025German insurers propose landmark “Elementar Re” model as climate risks mount
In a move that illustrates the growing concern of the insurance industry with the intensifying effects of climate change, Germany’s insurers have unveiled a comprehensive model designed to secure long-term, affordable protection against natural hazards such as flooding, heavy rain and storms.
11 December 2025Aon: reputation damage remains a top global risk as companies struggle with preparedness
Aon’s latest Global Risk Management Survey 2025, based on insights from nearly 3,000 executives in 61 countries including Romania, confirms that corporate reputation has become a critical but highly vulnerable strategic asset. Damage to reputation or brand ranks eighth among the top global risks, while cyberattacks, operational disruptions and economic slowdown dominate the first three positions.
27 November 2025WTW’s 2026 Global Medical Trends Survey: the average cost of medical health benefits to increase by 10.3% globally next year
Global health insurance costs are projected to rise by over 10% again next year, as healthcare inflation continues to rise following steep cost increases in recent years, the WTW’s 2026 Global Medical Trends Survey says.
25 November 2025Swiss Re Institute: Ageing, AI and industrial policy will redefine the global economy and insurance markets
The global economy is entering a new strategic phase shaped by ageing populations, accelerating AI adoption and the return of large-scale industrial policy, according to Swiss Re Institute’s latest sigma report “Shifting Sands – Global Economic and Insurance Market Outlook 2026–2027.” These structural shifts will keep inflation above pre-pandemic levels and moderate global growth, expected to stabilize at around 2.5–2.6% between 2026 and 2027.
20 November 2025WTW’s 2026 Global Medical Trends Survey: the average cost of medical health benefits to increase by 10.3% globally next year
Global health insurance costs are projected to rise by over 10% again next year, as healthcare inflation continues to rise following steep cost increases in recent years, the WTW’s 2026 Global Medical Trends Survey says.
18 November 2025IDF paper calls for comprehensive, coordinated, multi-party action by public and private sector actors to increase insurability to close protection gaps
Each year, more than USD 180 billion in losses from natural catastrophes go uninsured - new Paper, launched by the Insurance Development Forum (IDF), calls for action on over 50 recommendations to strengthen resilience and reduce protection gaps
13 November 2025Allianz reports safety gains from automated mobility and urges EU-wide “driving license” for autonomous vehicles
The promise of autonomous mobility goes beyond technology — it marks a transformation in safety, comfort, and accessibility. With Level 3 vehicles already on European roads and Level 4 systems being tested in real conditions, the shift is well underway.
30 October 2025Marsh’s Global Insurance Market Index: global insurance rates declined 4% in Q3, marking the fifth consecutive global quarterly decrease following seven years of quarterly increases
Global insurance rates declined 4% in the third quarter, the fifth consecutive quarter of declines in Marsh’s Global Insurance Market Index. Rate decreases were experienced in all regions and most product lines. Growing competition among insurers, coupled with favorable reinsurance pricing, were the primary drivers for the rate decline along with increased market capacity.
27 October 2025AXA Future Risks Report: In the face of increasingly interconnected risks the insurance sector is emerging as a key player
AXA, a global insurance leader, calls for turning uncertainty into action by accelerating the emergence of concrete solutions and by strengthening prevention, AXA said in the 12th edition of the Future Risks Report, the product of the AXA and Ipsos partnership.
22 October 2025Munich Re plays its stabilising role in times of rising uncertainties
In a world which is constantly heating up, literally and in a geopolitical sense, Europe is affected in its own special ways. With the last eleven years being the warmest on record so far, the risk of droughts is increasing just as much as the danger of flash floods and hailstorms, Munich Re said.
22 October 2025
