Industry News
Neptune Insurance Files for US Listing as IPO Window Reopens
Flood insurance provider Neptune filed for a U.S. initial public offering on Wednesday, becoming the latest company to tap into renewed investor demand as easing tariff concerns and strong markets ...
Volatile Casualty Cat Market Offers $5B Opportunity for Reinsurers: Report
Emerging risks and mass litigation are just a few of the factors driving rapid transformation in the casualty catastrophe market, according to a joint report by Moody's insurance solutions and Aon. ...
Fitch Revises Global Reinsurance Sector Outlook to ‘Deteriorating’ on Rising Competition
Fitch Ratings has revised its outlook for the global reinsurance sector to "deteriorating" for 2026 from "neutral" for 2025, reflecting its expectation that underlying operational and business ...
U.S. P/C Insurance Industry First-Half Underwriting Profit Triples
The U.S. property/casualty insurance industry recorded a net underwriting gain of $11.5 billion and net income of $49.1 billion for the first half of 2025, according to a new report. "The lack of any ...
Insurers Face Average Annual Loss of $152B From Natural Catastrophes: Verisk
Verisk estimates that the global insured average annual property loss (AAL) from natural catastrophes has risen to $152 billion, with two-thirds of potential losses ...
Caffrey to Become CEO of White Mountains in 2026
White Mountains Insurance Group Ltd. has unanimously elected Liam Caffrey as chief executive officer, effective Jan. 1, 2026. He will also join the White Mountains Board ...
The Year So Far: Liberty Improves Most Among Nationals; Discipline Tested
A Carrier Management summary of earnings metrics for the year so far reveals a second-quarter average combined ratio of roughly 88, and a year-to-date ratio of just under 92 for a cohort of 27 ...
Katrina 2005-2025: Property Policy Evolution
Hurricane Katrina made landfall on August 29, 2005, with the eye of the Category 3 hurricane centered on Bay St. Louis, Miss., though the storm is remembered largely because of the devastation to New ...