The latest market survey from The Council of Insurance Agents & Brokers reveals a noticeable easing in premium increases across all commercial insurance account sizes in the first quarter of 2025. According to their findings, premium increases across all account sizes moderated to an average of 4.2%, a drop from the 5.4% rise reported in […]
Carrier
Zurich NA’s Fox to lead US National Accounts, Caminiti promoted to CUO
Zurich North America (NA), a provider of insurance and risk management services, has strengthened its leadership with Heather Fox now set to lead the US National Accounts business. Most recently, Fox was the Chief Underwriting Officer (CUO) for Zurich North America. She succeeds Paul Lavelle, the previous Head of US National Accounts, who is set […]
Property & nat cat lines competitive but environment remains healthy: Swiss Re CEO
Andreas Berger, CEO of Swiss Re, has suggested that while the firm’s property and natural catastrophe lines faced tougher competitive pressures so far in 2025, the overall environment remains healthy. During Swiss Re’s Q1 2025 conference call, Berger provided detailed insights on the property segment, discussing current pricing trends across different lines of business and […]
Lloyd’s Q2’25 Market Message: risk awareness, not risk aversion, marks a defining juncture
As the Lloyd’s marketplace charts its course through a more uncertain environment, Q2 2025’s Market Message came with a clear directive: “We aren’t risk off, but we are risk aware.” At the heart of this quarter’s address was Patrick Tiernan, speaking for the final time as Lloyd’s Chief of Markets before stepping into his new […]
Conduit Re seeing opportunity to deploy more capacity into casualty risks
As the re/insurance market enters into a more competitive phase, it presents Conduit Re with an opportunity to deploy more capacity into casualty risks, Neil Eckert, who was recently appointed as the company’s new CEO, highlighted during the reinsurer’s analyst call following the release of its Q1’25 financial results. “We are entering a more competitive […]
Insurance industry remained buyer friendly in Q1’25, providing much-needed stability: Aon
Aon, the global insurance and reinsurance broking group, has disclosed that the insurance industry was buyer-friendly throughout the first quarter of 2025, providing much-needed stability. The broker explained that the moderate market conditions in the quarter, especially softening, accelerated for well-performing and preferred risk types, because of support from quality underwriting information. Aon said, “Wide […]
IRLA Congress: Legacy market shifts to proactive capital management and risk solutions
The legacy and reinsurance market, once viewed as a niche or reactive segment of the insurance sector, has now become a central component of capital management strategies and long-term planning. That was the consistent theme emerging from this year’s IRLA Congress & Business Seminar, where industry leaders underscored the market’s growing sophistication, relevance, and capacity […]