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US auto insurance rate increases The countrywide average will have increased by double digits in back-to-back years if this trend continues for the remainder of 2025. For several years prior to the ...
Global reinsurers delivered strong results in the 2024 with further improvement in underwriting profitability, exceptional ROEs. The underlying underwriting margin increased from 2.7% a year ago to 4% ...
Australian life insurer, TAL, has partnered with leading global insurtech Cover Genius to launch embedded life insurance in Australia, with the introduction of backd by TAL. Simple, affordable and ...
The Bloomberg Billionaires Index ranks the world’s richest people globally, updating their net worth daily based on stock market performance, economic conditions. Beinsure Media analyzed Bloomberg’s ...
Direct premiums written (DPW) for U.S. total automobile insurance surged by 13%, reaching $383 bn, as revealed by AM Best’s Ranking. This growth reflects a dynamic and competitive landscape among the ...
If the proposed changes to the Affordable Care Act marketplace move forward, 1.9 million more people could lose health insurance, and nongroup coverage could fall by 2.2 million annually. These shifts ...
The insurance industry, long perceived as traditional and often bogged down by complex paperwork and delayed claims, is on the cusp of a transformative revolution. This change is being driven by ...
Cloud data security insurtech Sentra secured $50 mn in Series B funding, increasing its total capital raised to over $100 mn. Key1 Capital led the round, joined by previous investors Bessemer Venture ...
U.S. life insurers have used reinsurance to reduce exposure to long-term care (LTC) insurance, which Fitch Ratings sees as credit-positive. These transactions strengthen balance sheets, improve ...
Compare monthly rates for pet insurance across various providers. For minimum coverage, rates start at $28 with State Farm and go up to $33 with Allstate and Nationwide. For full coverage, prices ...
Tariffs imposed by the Trump administration could increase claims costs for property and casualty insurance by $10 bn to $36 bn, according to the American Property Casualty Insurance Association ...
The insurance-linked securities (ILS) market reached a record $107bn in capacity by the end of 2024. AM Best Director of ILS Matt Tuite attributes this expansion to strong investor returns, rising ...
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