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Health plan cost pressures continue in 2025

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2025 Financial Institutions Market Outlook

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Strong competition drives favorable insurance market conditions Financial and professional insurance market conditions are generally favorable for banks, insurers, asset managers, and private equity firms at the start of 2025, with abundant capacity fueling st ...
Read more2025 Financial Institutions Market Outlook

Staying ahead of social inflation

The third-party liability insurance market, once stable, is now highly volatile due to factors like increasing nuclear verdicts, changing juror attitudes, and aggressive plaintiffs backed by third-party litigation funding. This has led to unpredictable liability losses, insurers withdrawing, reduced capacity, and rapidly rising premiums. Businesses that don't adapt risk inadequate coverage, unsustainable costs, and financial threats to their long-term viability. To navigate this, insurance buyers need to adopt a flexible approach to their liability programs and financing. Learn more in our latest article.The third-party liability insurance market, once stable, is now highly volatile due to factors like increasing nuclear verdicts, changing juror attitudes, and aggressive plaintiffs backed by third-party litigation funding. This has led to unpredictable liability losses, insurers withdrawing, reduced capacity, and rapidly rising premiums. Businesses that don't adapt risk inadequate coverage, unsustainable costs, and financial threats to their long-term viability. To navigate this, insurance buyers need to adopt a flexible approach to their liability programs and financing. Learn more in our latest article.

Managing shipbuilding risks amid geopolitical tensions

The global shipping industry is increasingly vulnerable to geopolitical risks. Political and economic tensions have risen since the January inauguration of US President Donald Trump. Meanwhile, state-based armed conflicts rank as the risk most likely to present a material crisis on a global scale, according to the World Economic Forum’s Global Risk Report 2025. Fleet owners must prepare for potential escalations, which can delay or cancel the delivery of new vessels, and severely disrupt operations.The global shipping industry is increasingly vulnerable to geopolitical risks. Political and economic tensions have risen since the January inauguration of US President Donald Trump. Meanwhile, state-based armed conflicts rank as the risk most likely to present a material crisis on a global scale, according to the World Economic Forum’s Global Risk Report 2025. Fleet owners must prepare for potential escalations, which can delay or cancel the delivery of new vessels, and severely disrupt operations.

Mexico implements a significant increase to minimum wage

Mexico has recently increased the national minimum wage by 12% and the Unit of Measurement and Update (UMA) by 4.21%, with the goal of boosting the purchasing power of workers earning the minimum wage. The change took effect on 1 January 2025.Mexico has recently increased the national minimum wage by 12% and the Unit of Measurement and Update (UMA) by 4.21%, with the goal of boosting the purchasing power of workers earning the minimum wage. The change took effect on 1 January 2025.
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