Market Insights

The top reported cybercrime in the U.S. in 2017 was the nonpayment or delivery of a good ordered over the internet.

Lloyd's reported an aggregated market loss of $1.3 billion in 2018, close to half the aggregated market loss in 2017.

The cumulative market share of the top 25 groups and companies is 68.36%.

For 2019, AM Best projects the combined ratio to improve slightly to 101.2.

It increased, on average, by 2% in the fourth quarter of 2018, marking the fifth consecutive quarter of increases.

Overall, U.S. pet owners paid $18.3 billion in vet expenses in 2018, compared to $17.1 billion a year earlier.

While no two companies are the same, all companies can — and should — take action and examine their company culture.

If retirees' homes and possessions are poorly covered by P&C insurance, they may face significant financial losses.