Financial institutions industry insurance market updates: 2025 outlook

Overview

The 2025 financial institutions insurance market continues to be stable, with premium reductions still expected across the sub-industry sectors: Banks, Asset Managers, Insurance Companies and FinTechs and Digital Asset firms (subject to risk and claims profile). However, evolving risks—including AI governance, cyber threats, and regulatory changes—require proactive risk management. This report outlines market conditions, rate trends, risk considerations, and strategic recommendations for each sub-industry sector FIs in North America and Great Britain.

Below are individual sector updates in which more details on the market conditions can be found on their individual update pages.

FIs can navigate the evolving landscape with confidence ensuring their programmes are well positioned to address current challenges, emerging risks and capitalize on favourable market dynamics.

If you would like more information on how we can assist you in navigating the FI insurance landscape, please contact us.

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