Insurance Rate News

The cyber insurance market is poised for growth in 2025, but staying competitive requires innovation and adaptability to new risks. Andy Maher, head of cyber & technology, London, for AXIS, shares insights on industry trends and challenges ahead.

Sources warned of the erosion of underwriting margins after a string of strong years.

The combined ratio improved by 0.5 points to 75.7%.

The insurance commissioner said the carrier has not shown the need for price increases.

The event now includes a casualty portion and has officially been re-branded as the Property and Casualty Symposium.

Guy Carp CEO Dean Klisura said LA wildfires could slow rate reductions at 1 April.

Panellists discussed the softening market, and what would flip the switch on rates.

Market softening means exploiting hardening niches is the name of the game.

It has been a “good” bad renewal for cat reinsurers, with attachments likely to endure in the medium term.

In part two of our 2025 outlook, we explore the drivers of carrier M&A and recreating the ESG agenda.

Certain new and old themes will re-emerge this year as the balance of power shifts.

Supply generally exceeded demand and trading relationships were ‘strong’, CEO Tom Wakefield said.