Our Scans · (FS.4.00) Insurance · Weekly Summary

• [New] By 2032, the USA Usage Based Insurance Market is expected to witness sustained expansion driven by intensification of connected vehicle data availability and growing insurer investment in AI-powered dynamic premium adjustment and real-time risk management platforms. Mobility Foresights
• [New] Increasing insurer investment in AI-powered driving behaviour analytics and risk scoring models is driving differentiation and customer acquisition in the usage based insurance segment in USA. Mobility Foresights
• [New] As regulatory clarity around telematics data usage and pricing methodologies improves, insurer confidence in usage based insurance program investment is expected to strengthen across USA. Mobility Foresights
• [New] As insurance market profitability pressures intensify, usage based insurance program investment is expected to accelerate accordingly in USA. Mobility Foresights
• [New] As connected vehicle data availability grows, usage based insurance program scale is expected to rise proportionally across USA. Mobility Foresights
• [New] Increasing Young Driver and High-Risk Segment Insurance Demand Young driver and high-risk motorist insurance programs in USA are expanding due to road safety improvement objectives and insurer demand for accurate premium differentiation within traditionally overpriced or underserved risk segments. Mobility Foresights
• [New] Geopolitical tensions have seen demand for cyber insurance grow sharply since the start of the Russia-Ukraine war, but GlobalData's poll data suggests demand for political risk insurance is rising almost as quickly. AIR CARGO WEEK
• [New] Escalating conflict between the US, Israel, and Iran is increasing risk exposure across the Middle East, placing assets such as hotels, data centers, and pipelines in potential danger and driving demand for specialist insurance cover. Voyageur Group
• [New] Following the February price discovery period, USDA's Risk Management Agency has finalized spring crop insurance prices for the 2026 crop year, establishing the revenue guarantees farmers will use to manage risk. American Farm Bureau Federation
• [New] Political risk insurance is important to businesses near potentially dangerous zones, as most insurance policies have war exclusions. Voyageur Group
• [New] For high-assurance biometric verification that can be used for high risk scenarios, such as AI for financial services, iProov offers government-grade liveness detection and is increasingly used in remote identity verification. BiometricUpdate.com
• [New] As prices rise, Washington has sought to offset further increases, with Trump saying his administration would extend political risk insurance and guarantees for energy tankers and other ships transiting the strategic Strait of Hormuz. Everything Briefing
• [New] Saying that, US Re's role is to hold severe catastrophe risk at a lower cost than any other entity ever could, which creates two benefits in the premium calculation that will lower and stabilize the cost of home insurance. Artemis.bm - The Catastrophe Bond, Insurance Linked Sec
• War risk insurance premiums for Persian Gulf transit had risen by approximately 4200% from pre-conflict baselines. Countercurrents
• Millions of people who apply for Medicaid in the coming years will have to prove they have been working, going to school, or volunteering for at least a month before they can gain or retain health insurance through the government program. News-Medical
• The UN's Sendai Framework for Disaster Risk Reduction calls for risk transfer mechanisms like insurance pools. youth4planet
• Insurance capacity for New Zealand risks continues to grow, with greater competition among insurers for commercial accounts. Insurance Business
• For Indian and other Asian shippers, the evolving routing regime in Hormuz adds to an already challenging risk environment shaped by the Red Sea disruptions and increased insurance premiums. Maritime Gateway - South Asia's Premier Shipping and Lo
• The combination of reduced war risk insurance premiums, elimination of emergency surcharges on Middle East corridor shipments, and the gradual normalization of fuel prices as Gulf oil production recovers will collectively remove a substantial cost layer from international freight rates. LTB Shipping

Last updated: 05 May 2026