Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Home-Based Businesses Carry Risks, Rewards – and Insurance Industry Opportunities
Mar 30 2022 // The world of work is changing fast, with the pull of the digital revolution and the push of the pandemic shifting mindsets and introducing far greater flexibility to how we organize our working lives. In the two years...
Connectivity Advancements and 4 Other Tech Trends Transforming the Insurance Industry
Mar 23 2022 // This post is part of a series sponsored by AgentSync. The insurance world isn’t moving at the speed of light quite yet, but technology is still bound to transform the ways insurance agents and carriers do business...
Russian invasion leads to its insurance market isolation
Mar 8 2022 // Any major event or upheaval that affects the economy, the environment, technology, health or law somehow touches insurance. War is no exception. The repercussions of Russia’s unprovoked military invasion of Ukraine...
5 Ways to Attract Talent the Insurance Industry Needs
Mar 7 2022 // When I joined AIG — and the insurance world — in 2020 as global head of talent, the industry had already acknowledged that new and more diverse talent were necessary for its continued success. The challenge...
U.S. P/C Industry Grew Surplus Despite Underwriting Loss in 2021
Mar 7 2022 // Insurance rating agency AM Best said it expects the U.S. property/casualty insurance industry to record an increase in surplus in 2021 thanks to investment income and capital gains improvements despite booking an...
UK to Ban Russian Companies From London Aviation Insurance Market
Mar 3 2022 // LONDON — Britain will ban Russian companies from the multi-billion dollar aviation and space insurance market in London, the world’s largest commercial and speciality insurance center, the finance ministry said on...
People Moves: Holmes Murphy Names Reimers as Senior Client Advocate; Pinnacle Actuarial Promotes 3
Mar 2 2022 // Holmes Murphy Names Jay Reimers as Senior Client Advocate Holmes Murphy has hired Jay Reimers as a senior client advocate in its Minneapolis, Minnesota office. With 10 years’ experience in the insurance industry,...
AM Best: Ukraine Invasion to Likely Have ‘Substantial Impact’ on Insurance Industry
Feb 28 2022 // Russia’s invasion of Ukraine could add to inflationary pressures and will likely have a substantial impact on the global insurance industry, said AM Best. The rating agency Friday said efforts by the global central...
U.S. P/C Industry Grew Surplus Despite Underwriting Loss in 2021
Feb 24 2022 // Insurance rating agency AM Best said it expects the U.S. property/casualty insurance industry to record an increase in surplus in 2021 thanks to investment income and capital gains improvements despite booking an...
How Do You Know When It’s the Right Time to Partner With a Network?
Feb 21 2022 // Worried about what could be next for your agency? It has been a chaotic couple of years — and many forward-thinking businesses are focused on improving revenue, expanding their client base and future-proofing their...
Insurance Industry Critic and ‘Conscience’ Hunter Retires From Consumer Federation
Feb 21 2022 // The man who served as the director of insurance for the Consumer Federation of America for nearly three decades is retiring. The official statement from the CFA describes J. Robert “Bob” Hunter as the...
Insurtech Startup Slide Agrees to Take On Troubled St. Johns HO Business
Feb 18 2022 // Things are moving fast in Florida’s distressed property insurance market. Just days after St. Johns Insurance Co. announced it would stop writing new homeowner business in Florida, the Demotech rating agency withdrew...
People Moves: BHSI Promotes Alder-Smurthwaite, Emson for UK Casualty; Marsh Names Faull Head of Climate & Sustainability Risk; MS Amlin Appoints 4 for Risk Team
Feb 17 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Marsh and MS Amlin Underwriting Ltd. A summary of these new hires follows here. BHSI Promotes...
Insurance Industry Critic and ‘Conscience’ Hunter Retires From Consumer Federation
Feb 9 2022 // The man who served as the director of insurance for the Consumer Federation of America for nearly three decades is retiring. The official statement from the CFA describes J. Robert “Bob” Hunter as the...
Loss Costs Outpace Increase in Premiums for U.S. P/C Industry Through Q3
Feb 7 2022 // Direct-premium production for the U.S. P/C industry through the third quarter 2021 improved as insurers increased rates, but adverse trends in loss costs for many lines of business continue to dampen profitability. Through...
5 Information Security Best Practices for the Insurance Industry
Jan 31 2022 // This post is part of a series sponsored by AgentSync. Compared to 20 years ago, modern business professionals are living the good life. Advancements in cloud computing and digital storage capabilities have allowed...
Loss Costs Outpace Increase in Premiums for U.S. P/C Industry Through Q3
Jan 25 2022 // Direct-premium production for the U.S. P/C industry through the third quarter 2021 improved as insurers increased rates, but adverse trends in loss costs for many lines of business continue to dampen profitability. Through...
Supply Chain Shortages and the Insurance Industry
Jan 24 2022 // This post is part of a series sponsored by AgentSync. Supply chain isn’t a topic that sees the headlines a whole lot. That is, unless you’ve been reading the headlines recently. For something that’s so...
UK Insurtech Zego Expands in Europe, Targeting £20B Fleet Insurance Market
Jan 20 2022 // Commercial motor insurer Zego announced a European expansion plan by launching in the Netherlands and ramping up operations in France, while aiming to identify other target territories during 2022. The company, which...
5 Insurance Industry Predictions for 2022
Jan 13 2022 // This post is part of a series sponsored by AgentSync. It’s starting to feel like a New Year’s tradition. But we’re not talking about the ball drop or kissing your beau at midnight. For the past several...
