Reinsurance News

ALIRT

Florida property insurance market shows strong recovery, ALIRT reports

16th December 2025

ALIRT, a provider of insurance market research and analysis, recently released its annual review of the Florida domestic property insurance market, highlighting the overall state of the market following tort reforms. According to ALIRT, the Florida property market has shifted dramatically from its near-collapse in 2022, when rampant litigation abuse, soaring ... Read the full article

US P&C market sees wave of growth in reciprocal insurance exchanges: ALIRT

31st October 2025

Reciprocal insurance exchanges (RIEs) in the U.S. have seen a wave of growth as new entrants emerge to address capacity shortages in property markets, particularly across the southern coastal states, according to ALIRT Insurance Research. ALIRT’s latest industry analysis, “Overview of Reciprocal Insurance Exchanges and Recent Market Trends,” found that 36 ... Read the full article

Surge in specialty carrier launches: ALIRT study

30th September 2025

There has been a surge in new specialty carrier launches since 2018, many established to take advantage of an attractive pricing environment and the perceived growth of permanent niche underwriting opportunities, according to a recent study by ALIRT. In its annual Surplus Lines study, ALIRT noted that while specialty carriers remain ... Read the full article

Insurance industry “supercycle” likely to continue into 2025: ALIRT

3rd December 2024

The US property and casualty (P&C) insurance industry is experiencing a prolonged period of robust financial strength, with no clear end in sight. According to insurance research firm ALIRT, both commercial and personal lines are seeing record-high composite scores, indicating exceptional financial health. "We see no reason why this current supercycle ... Read the full article

Number of factors pressuring the property insurance market: ALIRT

4th September 2023

A "triple-threat" which consists of more frequent and severe weather-related losses, a protracted inflationary environment, as well as surging reinsurance costs has the property insurance market under "substantial pressure", according to ALIRT Insurance Research. ALIRT states that while insurance carriers are consistently working to counteract these trends through more focused underwriting ... Read the full article

Escalating challenges drive surge in new RIEs in Gulf Coast market: ALIRT

18th August 2023

In response to the escalating challenges posed by affordability and availability in the Gulf Coast property insurance market, the Reciprocal Insurance Exchanges (RIEs) sector has witnessed a notable surge in new formations, according to a recent report by ALIRT Insurance Research. This trend comes as insurers grapple with the consequences of ... Read the full article

“Difficult to fathom” Vesttoo-linked LOC fraud evaded multiple levels of due diligence: ALIRT

10th August 2023

In a white paper for its clients, ALIRT Insurance Research has said this it's difficult to understand how the alleged fraudulent LOC issue surrounding insurtech Vesttoo was missed by different participants in the chain. As it closely follows the fall-out from the Vesttoo-linked fraudulent LOCs issued by the Chinese Construction Bank ... Read the full article

Florida homeowners insurance market shows signs of rebound amid market reforms: ALIRT

25th July 2023

In the midst of years of tumultuous market conditions, Florida's homeowners insurance sector seems to be experiencing an encouraging upturn, signaling a possible rebound for the beleaguered industry, according to a recent report by ALIRT Insurance Research. Over the past few years, Florida's property insurance market has been grappling with significant ... Read the full article

ALIRT predicts continued growth for Risk Retention Groups

22nd May 2023

Risk Retention Groups (RRGs) have struggled to turn an underwriting profit amid strong growth over the past decade, however favourable 2022 financial results may represent a turning point, according to a recent report by ALIRT Insurance Research. The bespoke nature of the market has historically led to widely varied financial outcomes ... Read the full article

No-win situation for Florida insurers at renewal: ALIRT

10th May 2023

Analysts at insurance research firm ALIRT have warned that insurers in the Florida market face a “no-win situation” when they come to renew their reinsurance this year. The firm notes that rates at the upcoming June reinsurance renewals are estimated to potentially rise by up to 50% and could result in ... Read the full article

Private equity continues involvement in acquisition of P&C insurers: ALIRT

20th February 2023

"Recent news that Argo Group had finally found a buyer in Brookfield Reinsurance reminds us very much of the sale of Aspen to Apollo in early 2019, the parallels are interesting," say analysts at insurance research firm ALIRT. The analysts note that in both instances, the buyers are large private equity ... Read the full article

Benefits & risks to US life dependence on Bermuda reinsurance, says ALIRT

25th October 2022

According to an ALIRT Insurance Research report, there are both benefits and risks to US Life insurers' growing dependence on Bermuda reinsurance, adding the nexus is likely poised to grow. The use of Bermuda reinsurance has grown significantly over the last five years, says ALIRT, becoming a core strategy for many ... Read the full article

ALIRT warns of “bellwether” regulatory trends in US cat states

24th August 2022

Analysts at insurance research firm ALIRT have warned that the industry should remain attentive to the experience of residual market mechanisms in the most catastrophe-prone US states, which it says are an “important bellwether of availability and affordability trends.” In a new report, ALIRT assessed the residual homeowners market trends in ... Read the full article

Florida homeowners market still in “free fall” – ALIRT

26th July 2022

The Florida homeowners insurance markets remain in ‘a sort of free fall’, says a new note from ALIRT Insurance Research. The note, an update on the domestic insurer market in the US state, says that a number of factors are buttressing the ongoing narrative that is the market’s decline in recent ... Read the full article

Florida’s ‘artificial’ insurance structure is ‘untenable’ – ALIRT

18th May 2022

The efforts of both the Florida government and the state's insurance department to provide its citizens with affordable property insurance has created an "artificial structure" which is "untenable," according to ALIRT Insurance Research. For the past three decades, the state's government and insurance department have made numerous efforts to create a ... Read the full article