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Downstream rates tumble at 1.7 despite mounting loss activity
Sources said the downstream energy market is unlikely to turn a profit in 2025.
Latest News
Latest news
Willis has been adding brokers to its aviation unit in Europe and the US.
The availability of capacity remains the market’s key driver, the broker said.
The claims specialist spent 30 years at Amlin before joining TFP.
Rates continue to drop as capacity is ample, the broker said.
Opinion
Opinion
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The nature of tail risk makes SRCC a hard fix
Fiona Robertson
Featured and most read
Featured and most read
Featured
MGA growth: The search for lasting relevance in a softer market
Insight into the state of the insurance M&A market, powered by this publication's deal database.
Most read
Analysis
Analysis
The aerospace, energy and marine markets all sustained multiple significant losses in H1.
Green hushing is on the rise as Trump rows back on climate initiatives.
Insight into the state of the insurance M&A market, powered by this publication's deal database.
Although US pricing is improving there is pressure in other geographies.
Interviews
Marsh’s property book saw an average decline of 9% in Q1, a trend that appears to have continued through Q2.
The Lloyd’s syndicate was one of just a couple of reinsurance start-ups in the current hard market.
The $2.6bn deal provides Ergo with an entry point to the US SME market.
The soft market continued through H1 2025, especially on shared programs.
Behind the Headlines
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Get the inside scoop on the major stories shaping the London market through discussions with the journalists who broke them. Plus, hear from industry professionals on what these developments mean for the (re)insurance sector.
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In Partnership With
Markel
Insurers could face a “heightened claims exposure” due to increased regulation scrutiny on the fintech industry, including buy now pay later schemes, AI and crypto, said Nick Rugg, Head of Fintech and Investment Management Insurance for Markel International.
In Partnership With
AXIS
The increase in business and leisure travel – plus niche travel, such as for cosmetic procedures – is driving increased demand for travel insurance, said Guy Bonwick, Head of Global Specialty Accident and Health at AXIS.
In Partnership With
Delos
“Wildfire is a specialist peril," said Kevin Stein, Co-Founder and CEO of Delos, explaining how harnessing data is redefining wildfire risk underwriting.
In Partnership With
AXIS
Nearly 9 in 10 insurance employees see ‘widespread stress and anxiety’ in industry: AXIS/Harris Poll
Companies are focusing on offering mental health support to employees. “We're listening, we're learning and we're sharing,” said Vince Tizzio, President and CEO of AXIS, with Phil Schermer, Founder and CEO of Project Healthy Minds.
In Partnership With
Markel
As AI and data analytics reshape the insurance industry, Brendan Hanley, managing director of binding P&C at Markel, explains how these tools can offer real efficiency gains.
Jack Kuhn, President of Westfield Specialty, discusses the shifting market cycles and changing landscape at RISKWORLD 2025.
Alliant is celebrating its 100th anniversary this year, and is the ‘furthest thing from a serial acquirer,’ Greg Zimmer, CEO, Alliant, said at RISKWORLD 2025.
In Partnership With
Arch
Today’s casualty market is “challenging” driven by shrinking capacity and tightening excess layers, said Pete McGuinness, EVP, national accounts casualty, for Arch.
Uncertainty around political climate, weather and a possible recession is firming the market, said Wendy Houser, President, wholesale and specialty, Markel.
In Partnership With
Markel
Private equity investors may not have the same timeline as the multi-year construction projects they’ve invested in, which could leave surety writers holding the keys if private equity walks away, said Mike Keimig, president and CEO of Markel Surety.
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October 2025
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4 November 2025
New York
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December 2025
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In Partnership With Guidewire
From automation to empathy: the future of claims handling
Join Insurance Insider for a free webinar, offered in partnership with Guidewire Software, 10:30 EDT/15:30 BST on July 22. -
Insider On AirIn Partnership With Qlik
Navigating the next steps in AI: opportunities and pitfalls facing insurers
Join Insurance Insider, in partnership with Qlik, for a free webinar, 10:30 EDT/15:30 BST on July 24, as we explore the next frontier of AI in insurance. -
Insider On AirIn Partnership With AXIS
Insuring the giants: managing risks in mega construction projects
Join us for a free webinar, 10:30 ET/ 15:30 BST on Aug 19, hosted by Insurance Insider and AXIS to explore how the insurance industry is adapting to these challenges. -
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How the game-changing LA wildfires are reshaping the commercial insurance landscape
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From siloed data to strategic insights: the new CFO playbook
Join us for a free webinar, in partnership with Workday, 10:30 EDT/15:30 BST, Aug. 6
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From our other titles
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Inflation indices fell in April, but some items related to P&C are still elevated.
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UCITS regs change could split institutional and retail investor base
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MGAs outpaced the P&C industry for years, but growth has begun to stagnate.
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Major manager transitions call for careful handling of end-investors
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