Reinsurance News
premium growth
Strong premium growth set to lift profitability in India’s insurance sector: Moody’s
19th January 2026
Moody’s Ratings, the credit rating agency, expects India’s insurance industry to benefit from sustained premium growth over the medium term, supporting an improvement in profitability. In Moody’s view, this growth is being driven by strong economic expansion, rising household incomes, accelerating digital adoption, supportive tax measures and the government’s intention to ... Read the full article
AM Best reports robust 2024 performance for Canada’s L/A insurance sector
3rd November 2025
AM Best, the credit rating agency, reported that Canada’s life and annuity (L/A) insurers delivered strong results in 2024. The sector benefited from record growth in new annualised premiums, along with increased revenue from assets under management and fee-based income. According to AM Best, the outlook for the Canadian L/A market remains ... Read the full article
U.S. MGA premiums grow 16% in ‘24 driven by migrating talent, AI adoption & other factors: Conning
11th July 2025
The U.S. Managing General Agent (MGA) growth once again outpaced the broader property-casualty market, with direct premiums written rising 16% year-over-year to an estimated $114.1 billion, a recent Conning study has revealed. Conning's latest strategic study, "Managing General Agents: Built for What's Next," highlights several market dynamics that have benefited the ... Read the full article
Lemonade passes $1bn in premiums
25th March 2025
Lemonade, the digital insurance firm powered by artificial intelligence (AI), has passed $1 billion of In Force Premium (IFP), marking a significant milestone for the company. This figure has achieved just 8.5 years after selling its first policy, and reflecting a ~150% compound annual growth rate. This rapid growth was enabled by ... Read the full article
UK insurance premium growth forecast to stabilise over next three years: EY
21st February 2025
The UK insurance sector is predicted to experience steady but slowing growth in premium income over the next three years as economic conditions stabilise and premium rises ease, according to the latest EY ITEM Club Outlook for Financial Services. The forecast anticipates a return to more normal premium increase levels, averaging ... Read the full article
Reinsurers positioned reasonably well for 2025 after 1.1 renewals: Vickers, Gallagher Re
23rd January 2025
Speaking with Reinsurance News in a recent video interview, James Vickers, Chairman of reinsurance broker Gallagher Re's International division, said that after the January 1st renewals, reinsurers are well placed but the question for companies for the rest of the year is what they can do about growing their ... Read the full article
Swiss Re forecasts life insurance premiums to rise 3% annually, fuelling global growth
19th November 2024
As per a new report from the Swiss Re Institute, total global insurance premiums are set to grow at 2.6% annually in 2025 and 2026, primarily driven by life insurance, which is forecast to expand by 3% per year, more than double the rate of the past ten years. The Swiss ... Read the full article
UK insurers’ growth to slow with steady premium income projected until 2026: EY
12th November 2024
In the coming years, UK insurance companies are projected to report steady yet slowing premium income growth; a trend that is expected to persist throughout 2024, 2025, and 2026 as consumer premium increases return to average levels, according to a recent EY report. After experiencing significant premium increase due to high ... Read the full article
AM Best reports stable global cyber insurance outlook as demand rises
24th June 2024
AM Best, a credit rating agency, has assigned a stable outlook to the global cyber insurance sector, citing increased demand and promising growth prospects in the near term as uptake rates continue to rise steadily. “The reduction in rates has been due to various factors, including increased competition from the supply ... Read the full article
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