Markets
Viewpoint: California’s Property Insurance Crisis and the Path to Reform
California's property insurance market remains in turmoil, exacerbated by escalating wildfire risks, insurer withdrawals and systemic shortcomings in the state's safety net—the California FAIR ...
Rate Moderation Continues During June’s Property-Cat Renewals: Howden Re
Property-catastrophe reinsurance pricing saw continued moderation at the June 1 renewals with a selective return of capacity following historic pricing strength, according to Howden Re, the ...
Demand for Insurance Rises as Majority of Pet Parents Underestimate Cost of Care: Study
Costs associated with pet care continue to rise, according to consumer financing company Synchrony's 2025 Pet Lifetime of Care Study, which found an increase of 10 percent for dogs and close to 20 ...
Viewpoint: Global Reinsurers Stand Strong Amid Investment Volatility, Natural Disasters
The reinsurance industry has shown significant improvements in operating performance in recent years. Despite facing substantial insured natural catastrophe losses globally, reinsurers achieved ...
Industry Vets Bonneau and Bredahl Lead ‘Novel’ HoldCo.; Supports MGU Biz
The former chief executives of Partner Re and Howden Tiger are joining two other industry veterans to form a company, which they describe as "an independent holding company that oversees carriers ...
U.S. Court Blocks Most Trump Tariffs; Says President Exceeded His Authority
A U.S. trade court blocked most of President Donald Trump's tariffs in a sweeping ruling on Wednesday that found the president overstepped his authority by imposing ...
Cyber Attack Surge Creates Opportunity for Insurers, Prompts Rethink on Premiums
A recent surge in high-profile cyber attacks is offering an opportunity for insurers including Munich Re AG and Chubb Ltd. to cash in from a rapidly expanding market — and prompting a rethink on ...S&P Downgrades USAA Ratings
S&P Global Ratings announced that it lowered its financial strength and counterparty credit ratings on United Services Automobile Association (USAA) and its core insurance subsidiaries to "AA" ...