Suncorp exits retail tobacco insurance business

Australian firm Suncorp Group Ltd. stopped offering insurance to new tobacconist clients last year, citing higher risks and illegal activity in the industry, Insurance News reported. The insurer retained existing policies and continues to offer renewals but will not accept new clients to protect its portfolio from soaring costs.
Storms, quakes spur Japan insurers’ preparedness push

The General Insurance Association of Japan has urged general insurers to continue promoting risk preparedness and business continuity planning as natural disaster threats in the country persist, Asia Insurance Review reported. Chairman Shinichiro Funabiki cited frequent severe storms over the past year followed by a series of large-scale earthquakes.
RiskScan 2026 Reveals A More Interconnected Risk Landscape

By Lewis Nibbelin, Research Writer, Triple-I Organizations across the insurance value chain are navigating an increasingly complex risk landscape, demanding more integrated approaches to resilience shared among all segments of the property/casualty (P/C) market, according to RiskScan 2026, a new research study from Munich Re US and Triple-I. Based on survey data from more than … Continue reading RiskScan 2026 Reveals A More Interconnected Risk Landscape
Bridging the Cyber Risk Resilience Gap Among Insurance Carriers

By Lewis Nibbelin, Research Writer, Triple-I Insurers bring considerable expertise to the cybersecurity landscape to help their commercial customers manage this growing risk, but even they are not immune to the threat. A new study from Triple-I and breach recovery company Fenix24 explores how insurers are managing cyber risk within their own operations and where … Continue reading Bridging the Cyber Risk Resilience Gap Among Insurance Carriers
Steady Workers Comp Performance Masks Uneven Industry Realities

By William Nibbelin, Head of Industry Data and Actuarial Science, Triple-I While the workers’ compensation line continues to demonstrate remarkable resilience, underlying metrics indicate carriers must move beyond national averages to maintain long-term underwriting stability, according to the NCCI Annual Insights Symposium (AIS) 2026 – a key event for the workers’ comp industry. “There’s not … Continue reading Steady Workers Comp Performance Masks Uneven Industry Realities
Core Drivers and Emerging Risks for Workers’ Comp

By William Nibbelin, Head of Industry Data and Actuarial Science, Triple-I Factors driving stability in the workers’ compensation line were a central focus at the NCCI Annual Insights Symposium (AIS) 2026 – a key event for the workers’ comp industry. In aggregate, workers’ comp welcomed its 11th consecutive year of net underwriting profitability in 2025, … Continue reading Core Drivers and Emerging Risks for Workers’ Comp
DEVK sees steady reinsurance growth

Germany-based DEVK’s reinsurance operations continued to expand in 2025, with non-group reinsurance premiums written by DEVK RE and Echo Re rising 3.2% year on year to €1.41 billion and the client base growing to 1,057 insurers across 132 countries, Reinsurance News reports. The business also delivered strong underwriting performance, posting a combined ratio of 90.4% […]
World Bank approves $400M resilience program

The World Bank’s board has approved a five-year $400 million program designed to strengthen Morocco’s resilience against climate and natural disasters and expand cyber risk coverage in the country, Artemis reported. The program will explore a wide range of risk transfer instruments and structures, including catastrophe bonds and parametric triggers.
Storms, Inflation, Fraud Fuel Rising Homeowners Rates for Oklahomans

By Jeff Dunsavage, Head of Research Publications and Insights, Triple-I Oklahoma homeowners insurance premiums are escalating due to a range of factors. A new Triple-I Policy Brief discusses the drivers of this trend and cautions state legislators to make sure any attempts to contain these rising costs target its underlying causes. “Because insurance is integral … Continue reading Storms, Inflation, Fraud Fuel Rising Homeowners Rates for Oklahomans
Clarifying Drivers of Rising Auto Premiums

By Lewis Nibbelin, Research Writer, Triple-I Personal auto insurance premiums represent multiple aspects of the affordability crisis U.S. consumers face today, and a panel discussion at the Brookings Center on Regulation and Markets this week helped define and clarify them. Panel moderator Aaron Klein, Miriam K. Carliner Chair and senior fellow in Economic Studies at … Continue reading Clarifying Drivers of Rising Auto Premiums