The insurance industry is constantly evolving, with new trends, technologies, and regulations shaping the market. Here’s a roundup of the latest insurance news from the USA, UK, and around the world:
USA Insurance News
- US Property/Casualty Industry Records $11.2 Billion in Underwriting Income: In the first half of 2025, the US property/casualty industry saw a significant improvement in underwriting income, with $11.2 billion in net underwriting income. This marks a substantial increase from the same period in 2023.
- Commercial Auto Insurance Losses Mount: The US commercial auto insurance line continues to burden the overall property and casualty industry, with over $10 billion in net underwriting losses over the past two years.
- Medicare Advantage Losses: The Medicare Advantage line of business saw a $5.7 billion underwriting loss in 2024, following gains in at least the preceding five years.
- California’s Public Wildfire Model: California is moving to create the nation’s first public wildfire model, which could potentially reduce insurance costs for residents.
- Maryland Regulator Clarifies Claims History Rules: The Maryland regulator is aiming to clarify rules for claims history use by commercial insurers, which could impact insurance premiums ¹.
UK Insurance News
- Insurance Times: A leading publication for general insurance in the UK, providing news, analysis, and insights for insurers, brokers, and service providers.
- Insurance Business UK: A source for insurance news, analysis, and market intelligence in the UK, covering various aspects of the insurance industry.
Global Insurance News
- Global Reinsurers’ Return-on-Equity Decreases: A composite of top global reinsurers saw a decrease in return-on-equity, but remains high, according to a report by AM Best.
- Swiss Re’s GLP-1 Drugs Prediction: Swiss Re predicts that GLP-1 drugs could prompt all-cause mortality drops in the US and UK by 2045, potentially impacting life insurance claims.
- Acrisure Re Managing Director: MGAs are seeing a flight to quality, according to Acrisure Re’s managing director, as insurers seek more reliable and profitable business.
- Fidelis Launches North American Platform: Fidelis is launching its first office in North America, led by former Navigators Re head Ivan Vega, to expand its specialty insurance offerings.
- Aon’s Enrico Vanin: Aon’s Enrico Vanin will lead the platform as CEO, with a focus on driving growth and innovation in the insurance industry ¹ ².
Insurance Industry Trends
- InsurTech and Digital Transformation: The insurance industry is undergoing a significant transformation with the adoption of InsurTech and digital technologies, enabling insurers to improve efficiency, reduce costs, and enhance customer experience.
- Sustainability and Climate Change: Insurers are increasingly focusing on sustainability and climate change, with many incorporating environmental, social, and governance (ESG) factors into their business models.
- Regulatory Changes: Regulatory changes, such as those related to claims history use and public wildfire models, are impacting the insurance industry and requiring insurers to adapt.
Top Insurance Magazines and Publications
- Insurance Business Magazine: A leading publication for insurance professionals, covering industry trends, news, and analysis.
- Insurance Times: A UK-based publication providing news, analysis, and insights for insurers, brokers, and service providers.
- Risk & Insurance: A publication covering risk management and commercial insurance, providing insights and solutions for business leaders and insurance experts.
- Canadian Underwriter: A Canadian publication providing news, analysis, and insights for insurance professionals, covering industry trends and developments.
- Asia Insurance Review: A leading publication for insurance professionals in Asia, covering industry trends, news, and analysis
