Heading into the 1/1 reinsurance renewals period, there’s a strong sense that ‘nothing gold can stay’ across the market. Reflecting on the “almost perfect” state of the market today, Vivek Bajaj (pictured right), head of sales for insurance solutions at Moody’s, highlighted that the present conditions – those of a hard market where prices are high … Read more
Conifer Holdings Inc reported third-quarter net income of $52.8 million, reversing a net loss of $2.7 million in the same period last year. The swing to profitability was driven by a $61 million gain from the August sale of its insurance agency operations. Gross written premiums fell 60.9% to $15.1 million as the company scaled … Read more
Savings products propel US and China life insurance growth – Swiss Re November 19, 2024 by abdulkalam36999 Global life insurance premiums are projected to grow at an annual rate of 3% in 2025 and 2026, more than double the growth rate of the past decade, according to Swiss Re’s latest sigma report. Factors such as rising real wages, elevated interest … Read more
The global insurance industry is navigating a volatile landscape marked by economic uncertainty, geopolitical tensions, and shifting trade patterns, according to McKinsey’s Global Insurance Report 2025. Despite these challenges, the report identifies opportunities for insurers to adapt and find profitable growth across personal lines P&C, commercial P&C, and life insurance sectors. Personal lines property and casualty … Read more
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