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Global insurance charts steady growth across key segments – Allianz
[ad_1] Total global premium income grew by €557 billion to reach €7.0 trillion in 2024. Life insurance accounted for the largest share of this, generating €2,902 billion in premiums. Property and casualty (P&C) insurance followed at €2,424 billion, while health insurance contributed €1,682 billion. [ad_2] Source link
Marsh McLennan discloses top five risk trends in 2025
[ad_1] Human element in the workplace Another risk is the human element. The workforce in 2025 includes four generations, namely Baby Boomers, Gen X, Millennials and Gen Z, creating both opportunities and challenges. Each generation brings different values, work preferences and skills, making recruitment, development and retention more complex. [ad_2] Source link
PFAS liability uncertainty deepens amid Trump rollback, bellwether trials
[ad_1] Trump’s PFAS rule rollback – who is impacted? The withdrawal does not impact consumer product lawsuits, which have become another front in the PFAS legal war. Companies accused of misleading labeling, such as advertising products as “organic” when they contain PFAS, are still facing legal scrutiny. The regulatory rollback doesn’t offer them any protection;…
Generali secures record earnings and growth
[ad_1] Generali’s adjusted net result rose to €3.77 billion, up from €3.58 billion the previous year, reflecting contributions from its diversified profit sources despite lower net realised gains. The overall net result stood at €3.72 billion, slightly lower than the previous year’s €3.75 billion, which included capital gains from asset disposals in 2023. [ad_2] Source…
Kentucky bill proposes workers’ comp expansion for PTSD in first responders
[ad_1] House Bill 1228 creates a carveout to Kentucky’s long-standing rule that excludes psychological injuries from workers’ compensation coverage unless directly caused by physical harm. The bill, which applies to police officers, firefighters, emergency medical personnel, front-line state workers, and Kentucky National Guard members, introduces a presumption of compensability for PTSD diagnoses stemming from job-related…
From AI deepfakes to wire transfer fraud, cyber risks are growing for high-net-worth individuals
[ad_1] Gia Snape of Insurance Business sat down with Kareen Boyadjian (pictured), vice president of personal and healthcare cyber underwriting, to discuss emerging cyber risks for high-net-worth individuals and families, including social engineering, wire transfer, and artificial intelligence-driven threats, and how the cyber insurance market can evolve to address gaps in coverage. [ad_2] Source link